The deal was agreed in early April with affiliates of diversified holding Sammons Enterprises Inc, t

US private equity firm KSL Capital Partners LLC, focused on travel and leisure enterprises, said it had finalised its announced deal to take over Grove Park Inn Resort Spa in North Carolina, without disclosing the price.
The deal was agreed in early April with affiliates of diversified holding Sammons Enterprises Inc, the former owners of Grove Park Inn. The Luxury resort will be managed by KSL s independent hotel manager KSL Resorts, after Sammons has owned and operated it for almost 60 years, the buyer said.
Grove Park Inn, built in 1913, is located between the Blue Ridge and Great Smoky Mountains in Asheville, North Carolina, and features 512 rooms, hotels in dungloe ireland a famous spa, eight dining outlets and seven retail shops, a golf course, a sports complex and some 42 meeting rooms.
Marty Newburger, a principal of KSL Capital Partners, said the private equity firm would invest to take the Grove Park Inn to the next level of service and amenities, preparing it to better hotels in dungloe ireland face modern demand.
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