KSL Capital Partners Announces Completion of the Acquisition of the Historic Grove Park Inn Resort & Spa

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KSL Capital Partners, LLC has completed the previously announced acquisition of the historic Grove Park Inn Resort & Spa. One of the most iconic resorts in the United States, the 512-room Grove Park Inn sits between the majestic Blue Ridge and Great Smoky Mountains in Asheville, North Carolina. Constructed in 1913, the resort features one of the country’s most widely acclaimed spas, eight dining outlets and seven retail outlets, an 18-hole Donald Ross-designed golf course, a 50,000-square-foot sports complex, and 55,000 square feet of meeting space with 42 meeting rooms.

As part of the resort’s Centennial celebration in 2013, KSL Capital Partners is planning to embark on an extensive $25 million renovation of the resort’s public areas, guest rooms, dining outlets, meeting spaces and spa that will honor the historic style of the resort while enhancing the guest experience.

The resort will be managed by KSL Resorts, a leading independent hotel management company.

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