IHG Signs First Kimpton Resort in Hawaii

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(13/06/24)
 IHG has signed a deal for the Coco Palms Resort
in Kaua‘i to become a Kimpton Resort, the brand’s first property
in Hawaii.

Located amidst breathtaking natural surroundings
in the verdant valley of Wailua along its magnificent shoreline,
Coco Palms is owned by Reef Capital Partners and will be operated
by Highgate.

The resort was known as a premier destination
during the golden era of Hollywood, with renowned guests such as
Elvis Presley, Rita Hayworth and Gene Autry.

In 1992, Hurricane ‘Iniki struck Kaua‘i and caused
significant damage to the famed property, which has remained
untouched and in a state of neglect.

Coco Palms, a Kimpton Resort in Hawaii

Its meticulous restoration is being guided by
native Hawaiian advisors within the local community to ensure
guests are welcomed with an authentic, culturally rich experience.

Beyond preserving the historical and cultural
integrity of the land, Coco Palms, a Kimpton Resort will also
feature an onsite cultural center and museum honoring Kaua‘i. As
host to exhibits, lectures and activities of cultural
significance, it will serve to educate both visitors and residents
alike of the surrounding area’s native culture, rich history and
flourishing artistic community.

The restored landmark, expected to open in 2026,
will comprise of 350 keys spread across three low-rise hotel
structures as well as cottages.

Facilities at the pet-friendly Coco Palms, a
Kimpton Resort will include a 15-acre coconut grove, spa, three
outdoor swimming pools, a variety of F&B outlets

“It’s a true privilege to bring the first Kimpton
resort to Hawai‘i,” said Jon Day, Chief Financial Officer at Reef
Capital Partners. “IHG shares our belief that the history and
culture of this site, especially the pre-contact history, is what
distinguishes Coco Palms from other properties and makes it such a
magical place. They’re just as committed as we are to preserving
its legacy and sharing it with the world. I can think of no better
brand to fulfill this vision.”

When it opens, Coco Palms, a Kimpton Resort will
represent the west coast resort flagship for Kimpton in the
Americas.

The resort will join the brand’s growing global
portfolio, which includes boutique oases such as Kimpton Seafire
Resort + Spa in Grand Cayman, Kimpton Grand Roatan Resort & Spa in
Honduras’ Bay Islands, Kimpton Mas Olas Resort & Spa and Kimpton
Aluna Tulum in Mexico, Kimpton Aysla Mallorca in Spain as well as
Kimpton Kitalay Samui in Thailand, amongst others.

Leanne Harwood, SVP, Managing Director for Luxury
& Lifestyle Americas at IHG Hotels & Resorts, said: “We are
incredibly excited to establish our luxury and lifestyle presence
in Hawaii with Coco Palms, A Kimpton Resort. Hawaii beckons
travelers seeking both relaxation and discovery, and this wholly
reimagined resort will welcome not only visitors, but also the
local community, with unique, culturally respectful experiences
all within an inspiring boutique luxury setting. We’re pleased to
partner with Reef Capital Partners, who is committed to being
responsible stewards of this historic landmark.”

The Coco Palms, a Kimpton Resort is located
approximately 5 miles from Lihue Airport (LIH).

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