Turtle Bay Resort announced today that a consortium of investment management firms has become the resort’s new owner.The new ownership group assumed control of the resort, which includes a 443-room hotel, two championship golf courses, a spa and a full range of resort amenities, effective February 23, 2010.
The new owners have already invested significant capital into the resort in order to facilitate improvements.
“Turtle Bay Resort and the new ownership group are committed to the community of the North Shore,” said Stanford Carr, local real estate developer and acting interim management officer. “We intend to maintain this special property at the highest level and preserve the environment. Everyone has worked to facilitate a seamless transition for the property, its employees and guests. It will be business as usual at the hotel and golf courses and the recognizable Turtle Bay Resort name and logo will remain unchanged.”
