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Kauai resort sold to Calif. firm

Erika Engle

The oceanfront Ko‘a Kea Hotel & Resort in Poipu, Kauai, has been purchased by California-based Pacific Hospitality Group for undisclosed terms.

Pacific Hospitality affiliate Poipu Investment Properties LLC bought the resort from CTF Ko‘a Kea Hotel LLC to add to the parent company’s growing portfolio of luxury and lifestyle hotels under its Meritage Collection banner.

“Ko‘a Kea Hotel & Resort is our first Meritage Collection property located outside of California,” said Tim Busch, Pacific Hospitality Group CEO, in a statement. “Similar to our other Collection hotels, the award-winning resort combines iconic, one-of-a-kind destinations with locally-inspired experiences.”

The resort was built within the footprint of the old Poipu Beach Resort, devastated by Hurricane Iniki in 1992. The property languished for years until it reopened in 2009 following a multi-million dollar reconstruction.

One response to “Kauai resort sold to Calif. firm”

  1. mikethenovice says:

    Anti business Hawaii has been sold out to Wall Street cronies.

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