KSL Capital Partners has announced the acquisition of the JW Marriott Venice Resort & Spa from Aareal Bank Group. This marks the first equity transaction completed by KSL’s European Capital Solutions platform, which focuses on high-quality urban and resort destinations in Europe.
Located on the private island of Isola delle Rose, just minutes from St. Mark’s Square, the JW Marriott Venice has been a prominent luxury destination since its opening in 2015. The resort features 266 rooms and suites, including the exclusive Uliveto Retreat. It also includes six restaurants, extensive conference space, and the largest spa in Venice.
Martin Edsinger, partner at KSL, commented: “With its private island setting and strong performance, coupled with Venice’s enduring appeal to luxury travelers, the JW Marriott Venice exemplifies the type of irreplaceable real estate we seek to invest in.” He added: “We are excited to further elevate this remarkable resort through thoughtful investment and enhancements that will enrich the guest experience and ensure the JW Marriott Venice continues to stand apart as one of Europe’s premier destinations.”
The resort offers a range of world-class amenities, including a rooftop pool with panoramic views, Mediterranean gardens, a historic church, a kids’ club and paddle courts. It is also home to the Sapori Cooking Academy, which offers immersive culinary experiences.
JW Marriott Venice is part of a portfolio that KSL aims to grow further through strategic investments that enhance its appeal to high-end travelers.
