KSL Capital Partners, a private equity firm focused on travel and leisure businesses, has bought the Martin Resorts collection of five independent boutique hotels along California’s central coast between Los Angeles and San Francisco.
The collection includes Avila Lighthouse Suites in Avila Beach, Pismo Lighthouse Suites and Shore Cliff Hotel in Pismo Beach and Paso Robles Inn and the Piccolo in Paso Robles. The properties comprise 346 total rooms. KSL Resorts will manage each of the hotels. KSL will invest across the collection, aiming to provide more amenities and ways to engage with the local communities.
“The Martin Resorts Collection has been the passion of my family for over two decades and finding the right partner to carry on our dedication to our local environment and community has been a priority for us,” comments Noreen Martin, president and CEO of Martin Resorts. “KSL shares our values and our commitment to providing guests with unforgettable and enduring experiences that reflect each resort’s unique qualities.”