O‘ahu’s Turtle Bay Resort Will Become a Ritz-Carlton
The famed resort on the North Shore was sold for $725 million.
The famed Turtle Bay Resort, perched on Oʻahu’s North Shore, is changing owners and will be rebranded as a Ritz-Carlton.
Host Hotels & Resorts Inc., which owns almost 80 hotels, entered an agreement to acquire the 450-room resort and nearby land for $725 million from Blackstone Real Estate. Blackstone bought the 1,180-acre oceanfront hotel in 2018 for $332 million and spent $250 million on transforming the property.
The purchase is expected to close in late July. At that time it will transition management to Marriott and rebrand as a Ritz-Carlton.
(In a separate deal, Blackstone sold 65 acres at Turtle Bay to Salt Lake City-based Areté Collective, “a vertically integrated development company known for sustainable development practices that prioritize climate resilience.”)
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Open in May 1972, Turtle Bay Resort features 450 rooms, including 42 bungalows with a separate check-in, and a private pool. Other resort amenities include 18,000 square feet of indoor meeting space, a club lounge, six food and beverage outlets, seven retail spaces, a spa, a fitness center, two golf courses, seven beaches, four resort pools, tennis and pickleball courts, an equestrian center, a working farm and access to 12 miles of oceanfront trails.
It’s too early to predict how this sale will affect visitors planning to stay at the hotel, or how the hotel will change in terms of look, rates, offerings or service. If you currently have a reservation at Turtle Bay Resort or planning to book after July, check with the hotel directly.
