Hawaii's Four Seasons Resort Hualalai Sold in $500 mil Deal
KA'UPULEHU-KONA, HI, April 03, 2006. According to a HOTEL BUSINESS(R) source, the 243-key Four Seasons Resort Hualalai here has been sold in what could be one of the highest priced hotel transactions of all time.
The source revealed that the Kajima family of Japan has sold the resort and its related golf course and land for more than $500 million or about $2.1 million per key. A partnership between Michael Dell's MSD Capital and Rockpoint Group acquired the asset in a deal brokered by Jones Lang LaSalle Hotels.
Jones Lang LaSalle Hotels could not comment on the transaction and calls seeking comment from MSD Capital were not returned.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
