- KSL Capital Partners has acquired the JW Marriott Venice Resort & Spa from Aareal Bank Group.
- The European Capital Solutions platform of KSL, which invests in high-quality assets for travel and leisure in Europe, has completed its first equity transaction.
KSL Capital Partners, LLC (KSL), an alternative investment firm, has announced the acquisition of the JW Marriott Venice Resort & Spa (JW Marriott Venice). The JW Marriott Venice Resort & Spa is a 5-star hotel in Venice that was owned by Aareal Bank Group. This is the first equity deal executed by KSL’s European Capital Solutions platform. The platform focuses on investing in high quality urban and resort travel assets and leisure assets across Europe.
JW Marriott Venice is located on Isola delle Rose – its own private island – just minutes away from St. Mark’s Square. Since its opening in 2015, this resort has become increasingly popular with guests because of its unique luxury offerings. The hotel, which has 266 modern rooms and suites, was designed by renowned architect Matteo Thun. It offers an exclusive Uliveto Retreat and six high-end dining options, as well as extensive conference facilities and the largest spa of Venice.
The hotel offers a wide range of amenities to guests, including a rooftop swimming pool with panoramic views over the Mediterranean, lush Mediterranean gardens and a historical church. There is also a children’s club, Padel courts and the Sapori Cooking Academy.