KSL Capital Partners has acquired W Maldives and Sheraton Maldives Full Moon Resort & Spa. The seller was a joint venture between Universal Enterprises and Marriott International, and both properties will continue to be managed by Marriott under their existing brands.
Both resorts are located on their own private island that can be reached from the Maldives Velana International Airport. W Maldives offers 77 overwater or beach bungalows, a private yacht experience and a spa.
The Sheraton Maldives Full Moon Resort & Spa is a family getaway that features 176 rooms, multiple fresh-water pools, a full service spa, tennis facilities and a kid's club.
"KSL Capital Partners is focused on investing in well-located, high-quality travel and leisure properties," said Siddhant Jhunjhunwala, director of investments, APAC for KSL. "The Maldives is one of the world's premier leisure travel tourism destinations and these resorts are two of the best in the market, with the added benefit of being operated by Marriott's experienced team. We're pleased to expand our global relationship with Marriott."
