72-Acre Travaasa Hāna in East Maui Gets New OwnersOctober 7, 2019, 8:42 AM HST · Updated October 7, 8:42 AM 0 Comments
Mani Brothers Real Estate Group announced the purchase of the 72-acre Travaasa Hāna oceanfront resort, which features 75 private bungalows on Maui’s east coast. The hotel was purchased for an undisclosed amount, and the transaction was completed on Sept. 26, 2019.
“As we get to know the community of Hāna 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 in a press release. “The dedicated service visitors have enjoyed for years will remain untouched as we work to further enhance this destination resort.”
Mani Brothers Real Estate Group was founded in 1994 and is headquartered in West Hollywood. The privately-held real estate investment firm owns, renovates, operates, manages and leases 1.3 million square feet of prime commercial property. The purchase in Hāna marks the newest addition to the group’s expanding portfolio of luxury and lifestyle hospitality brands.
Travaasa Hāna is a “wellness-centric” property that includes many experiential attributes such as horseback riding, Stand-Up Paddling, Yoga and guided meditation. The property also features two full service food and beverage destinations: The Preserve Kitchen and Bar, an open-air restaurant overlooking Hāna Bay and Kauiki Hill; and Hāna Ranch Restaurant, providing upscale food and beverage offerings in a casual atmosphere in the town center.
“Remaining a vital part of the Hāna community is of the utmost importance to us. We have loved traveling to Hawaiʻi 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 are thrilled to add this resort to our expanding portfolio of luxury properties. We will refresh the historic property, while maintaining its original spirit.”