Travaasa Hana sold to West Hollywood company
West Hollywood’s Mani Brothers Real Estate Group announced Friday the purchase of the Travaasa Hana resort.
The 72-acre oceanfront resort includes 75 private bungalows, pools, hot tubs and spa.
“As we get to know the community of Hana and the team at the hotel, we will continue to offer the authentic, upscale Hawaiian experience that Travaasa is known for,” said Gregory Day, president of hospitality at Mani Brothers Real Estate Group. “The dedicated service visitors have enjoyed for years will remain untouched as we work to further enhance this destination resort.”
The property features two full-service food and beverage destinations, The Preserve Kitchen and Bar, an open-air restaurant overlooking Hana Bay and Kauiki Hill, and Hana Ranch Restaurant.
“Remaining a vital part of the Hana community is of the utmost importance to us. We have loved traveling to Hawaii for many years as a family and look forward to being involved in this magical destination,” said Simon and Daniel Mani, co-founders of Mani Brothers Real Estate Group. “We will refresh the historic property, while maintaining its original spirit.”
The hotel was purchased for an undisclosed amount, and the transaction was completed Thursday, the news release said.
The Hana Ranch website said that Paul Fagan opened Ka’uiki Inn in 1946, which would later become the Hotel Hana-Maui.
The ranch and hotel, originally part of the same property, were sold to the Rosewood Corp. in 1984, to the Keola Hana-Maui investment group in 1989, and to Passport Resorts in 2000, the website said.
Passport split the two properties in 2001 when they sold Hana Ranch to HRP Hana and sold the hotel to Green Tea LLC in 2010, which renamed it Hotel Travaasa Hana, the website said.
Founded in 1994 and headquartered in West Hollywood, Mani Brothers Real Estate Group is a privately held real estate investment firm that owns, renovates, operates, manages and leases 1.3 million square feet of commercial property. The Hospitality Division of Mani Brothers Real Estate Group purchased Malibu Beach Inn in 2015 and Embassy Suites Napa Valley in July 2018.