KSL Capital Partners, LLC (“KSL”), a leading alternative investment firm, announced its affiliates have acquired the JW Marriott Venice Resort & Spa (“JW Marriott Venice”), one of Venice’s premier 5-star hotels, from Aareal Bank Group. JW Marriott Venice represents the first equity transaction completed by KSL’s European Capital Solutions platform, a dedicated European strategy with a versatile mandate to invest across the capital structure in travel and leisure assets in Europe with a focus on high quality urban and resort destinations.
Nestled on its own private island, Isola delle Rose, just minutes from St. Mark’s Square, the JW Marriott Venice is a one-of-a-kind luxury destination that has become a guest favorite since its opening in 2015. Designed by renowned architect Matteo Thun, the resort features 266 contemporary rooms and suites, including the exclusive Uliveto Retreat. With six acclaimed restaurants, extensive conference space and the largest spa in Venice, the resort offers an unmatched blend of wellness, culinary excellence and hospitality in a setting of rich history. Guests can enjoy a range of world-class amenities, from a rooftop pool with sweeping views to lush Mediterranean gardens, a romantic historic church, kids’ club, padel courts and the immersive Sapori Cooking Academy.
“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,” said Martin Edsinger, Partner at KSL. “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.”
