The Big Island property Kona Village Resort has been purchased by a joint-venture of Rockpoint Group and MSD Capital,
a private investment firm for Michael Dell and family. Ty Warner Hotel and Resorts, the previous owner, will retain
an interest in the property. In June 2006, MSD Capital and Rockpoint Group purchased the Hualalai Resort which is
adjacent to The Kona Village Resort. According to joint venture officials, the two properties will continued to be
managed separtely, with plans to upgrade the Kona Village Resort.
Kona Village Resort under new ownership
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