- KSL Capital Partners has acquired the JW Marriott Venice Resort & Spa from Aareal Bank Group.
- This is the first equity transaction by KSL’s European Capital Solutions platform, which focuses on investing in high-quality travel and leisure assets in Europe.
KSL Capital Partners, LLC (KSL), an alternative investment firm, has announced the acquisition of the JW Marriott Venice Resort & Spa (JW Marriott Venice). The resort is one of Venice’s top-rated 5-star hotels and was previously owned by the Aareal Bank Group. This acquisition marks the first equity transaction executed by KSL’s European Capital Solutions platform, which is centered around investing in high-quality urban and resort travel and leisure assets throughout Europe.
The JW Marriott Venice is situated on its private island, Isola delle Rose, only minutes from the iconic St. Mark’s Square. Since opening in 2015, the resort has gained popularity among guests due to its unique luxury offerings. Notable architect Matteo Thun designed the hotel with 266 contemporary rooms and suites. Among its offerings are the exclusive Uliveto Retreat, six high-end restaurants, extensive conference space, and the largest spa in Venice.
Guests can enjoy world-class amenities, including a rooftop pool with panoramic views, lush Mediterranean gardens, a historic church, a children’s club, padel courts, and the immersive Sapori Cooking Academy.
Source: https://www.hotelnewsresource.com/article136256.html
Photos Source: JW Marriott Venice Resort & Spa – Image Credit Marriott International, Hotel News Resource
