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Latest Classic Resorts News
Oct 2, 2018
Share this article WAILEA, Hawaii, Oct. 2, 2018 /PRNewswire/ -- Destination Residences Hawai'i announces today the acquisition of Classic Resorts Limited of Lahaina, HI, a collection of five luxury condominium resorts and an exquisite portfolio of vacation homes located throughout Maui and the Island of Hawai'i. These properties will expand Destination Residences Hawai'i's impressive footprint throughout the islands, joining Makena Surf, Polo Beach Club, Wailea Beach Villas, Wailea Ekahi Village, Wailea Ekolu Village, Wailea Elua Village, and Wailea Grand Champions on Maui, and The Lodge at Kukui'ula in Poipu, Kaua'i. Experience Hawai’i with even more options than ever before with Destination Residences Hawai'i's portfolio of luxury vacation homes Classic Resorts, the newly acquired collection with a combined 363 rental residences, delivers the ultimate vacation experience for couples, families and groups, through combining the comforts of a private vacation home with the amenities and services of a resort, in a prime oceanfront or golf course location. Accommodations range from studio to three-bedroom condominiums and feature fully-equipped kitchens, living rooms, private lanais, herb gardens, expansive windows, and daily housekeeping service. Resort amenities include picnic areas, pools, whirlpools, golf courses, tennis courts, beach service, SUP and surfboard rentals, fitness clubs, yoga studios, and spas. In West Maui, Ka'anapali Ali'i is prime oceanfront on the highly coveted Ka'anapali Beach, while Lahaina Shores Beach Resort and Pu'unoa Beach Estates are positioned on pristine beaches in the historic Lahaina town, just a short stroll to the boutiques and restaurants of Front Street. The newly acquired operations on the Island of Hawai'i are located on the sunny Kohala Coast within the legendary Mauna Lani Resort. These properties include Mauna Lani Point, The Islands at Mauna Lani and Champion Ridge, in addition to the luxury private home collection at The Cape, The Point Estates, and Nintendo and Toyota corporate homes. "Destination Residences Hawai'i has over thirty years of demonstrated success in hospitality management in Hawai'i, with an authentic appreciation for Hawaiian culture and values. We are excited to effectively double the size of our portfolio with the addition of these prime luxury properties and we are proud to welcome the Classic Resorts team members to our ohana," said Michael Cuthbertson, Area Managing Director of Destination Residences Hawai'i. "We look forward to providing these fantastic vacation opportunities to our loyal guests and continuing our mission to be a leader among the best places to work in the state of Hawai'i." Part of the Destination Hotels collection, Destination Residences Hawai'i is a portfolio of distinct, residential style vacation rentals located in beachfront, oceanfront and golf-front resorts. Destination Hotels' residences model is customized for each property, leveraging the brand's expertise in sales and marketing, revenue management and distribution, reservation sales, and asset preservation, through efficient operations management. Destination has extensive experience with multiple ownership structures and with managing fractional, traditional, and multi-use hotels, resorts and vacation rentals. To learn more about Destination Residences Hawai'i, please visit: https://www.destinationhotels.com/hotels-and-resorts/destination-residences-hawaii About Destination Residences Hawai'i Residences Hawai'i, part of Destination Hotels, is Hawai'i's largest collection of luxury and upscale vacation residences. Featuring premium residences throughout eleven independent resorts on Maui in Wailea-Makena, Lahaina, and Ka'anapali, on the Island of Hawai'i at Mauna Lani Resort and The Lodge at Kukui'ula in Poipu, Kauai. Each resort is highly distinct and features the best of its location, from oceanfront villas with panoramic views of the Pacific to world class golf communities to luxury homes in an exclusive private club experience. Infused with the essence of Hawaiian hospitality, Destination Residences offers enhanced hotel services for all of its resorts, starting with a centralized reception office, a full service Concierge Desk and managers on call 24 hours a day. For more information call 1-800-367-5246 or visit www.destinationresidenceshawaii.com . About Destination Hotels Destination Hotels is a collection of more than 40 upscale and luxury independent hotels, resorts and residences across North America. Each property is intentionally diverse and true to its location, transcending status quo in fresh, authentic and unforgettable ways. Serving as both the explorer and the guide, Destination ensures a sense of genuine belonging and the chance to encounter life-enhancing discoveries. The award-winning portfolio features 19 renowned golf courses, 18 indigenous spas, and 112 exceptional food and beverage options including bars, restaurants, cafes, and rooftops. Destination Hotels captures the unique essence of each location through authentic experiences, immersive programming and genuine service. For more information, visit www.destinationhotels.com . Follow us on Instagram: @destinationhotels and Twitter: @Destination . Like us on Facebook: DestinationHotels . SOURCE Destination Residences Hawai’i Related Links
Classic Resorts Frequently Asked Questions (FAQ)
Where is Classic Resorts's headquarters?
Classic Resorts's headquarters is located at 180 Dickenson Street, Lahaina.
What is Classic Resorts's latest funding round?
Classic Resorts's latest funding round is Acquired.
Who are the investors of Classic Resorts?
Investors of Classic Resorts include Destination Residences Hawaii.
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