October 15, 2021, 4:08 PM HST
BlackSand Capital, a specialty real estate investment firm locally owned and managed in Hawai’i, announced that Highgate, a real estate investment and hotel management firm with a portfolio currently comprising seven hotels in Hawai’i, will operate the Royal Lahaina Resort in Maui when BlackSand completes the resort purchase from Pleasant Travel Service, which is slated to take place in December.
“We are delighted to be working with Highgate to operate the Royal Lahaina Resort,” said BJ Kobayashi, President and CEO of BlackSand. “Highgate’s local management team truly understands the culture of our islands and, with its expanding portfolio of properties in Hawai’i, continues to demonstrate its commitment to supporting our local communities, creating employment opportunities for local residents and to provide innovative experiences to visitors and kama’āina.
The Royal Lahaina Resort will be the first Highgate-managed property on Valley Island and the eighth hotel in Hawai’i to be operated by Highgate.
“Highgate is thrilled and honored to be a part of the next chapter of the iconic Royal Lahaina Resort,” said Kelly Sanders, senior vice president of operations for Highgate Hawai’i. “We look forward to bringing Highgate’s reputation for innovation and world-class service to the resort and building a team in Maui that will help continue the tradition of excellence at The Royal Lahaina Resort.”
Set on 27 acres of oceanfront land on Maui’s Ka’ānapali Beach, the 500-room Royal Lahaina Resort offers quirky beachfront cottages, the 12-story Lahaina Kai Tower, resort amenities and extensive water land.