Warnick Advises on Acquisition of the Outrigger Keauhou Beach Resort
KONA, HI, June, 9, 2006. Warnick & Company, LLC, acting as an investment advisor, represented Bishop Holdings Corporation in the acquisition of the Outrigger Keauhou Beach Resort located on the world-renowned Kona Coast.
This 311-room, full-service resort hotel is the centerpiece of the community of Keauhou and is expected to be renovated and repositioned in the near future. The Hotel is operated by Outrigger Hotels & Resorts and offers two restaurants, a lounge, a health club, and an ocean-side pool. The Hotel's most distinguishing characteristic, however, is its setting 40 feet into the Pacific Ocean overlooking a Green Turtle preserve.
Warnick & Company acted in an advisory and due diligence capacity during the acquisition and is providing ongoing asset management and strategic planning services.
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