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Marriott International Signs Agreement to Bring St. Regis Hotels & Resorts to Kapalua Bay, Hawai'i

Marriott International (NASDAQ:MAR) has signed an agreement to manage The Resort at Kapalua Bay in Maui, effective March 14, 2026.

(Neutral)

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Marriott International (NASDAQ:MAR) has signed an agreement to manage The Resort at Kapalua Bay in Maui, effective March 14, 2026. The 25-acre, 146-residence oceanfront resort remains under the same ownership and will join St. Regis Hotels & Resorts in 2027 following a renovation.

Property is open during conversion and joins Marriott Bonvoy; resort amenities and spa details are preserved.

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Positive

  • Management assumed effective March 14, 2026
  • Property slated to join St. Regis in 2027
  • Adds 146 multi-bedroom, ocean-view residences to Marriott portfolio
  • Expands Marriott footprint in Hawai'i to ~30 open properties

Negative

  • None.
Argus Mar 16 session
+2.56% close to close Open Argus
Details

News Market Reaction – MAR

On Mar 16, the first trading day after this news, MAR closed 2.56% above the previous close.

Data tracked by StockTitan Argus for the Mar 16 session.

Key Figures

Resort size: 25 oceanfront acres Management start date: March 14, 2026 Brand conversion year: 2027 +5 more
Resort size
25 oceanfront acres
The Resort at Kapalua Bay property size
Management start date
March 14, 2026
Date Marriott management of The Resort at Kapalua Bay takes effect
Brand conversion year
2027
Slated year to join St. Regis Hotels & Resorts after renovation
Residential units
146 residences
Number of multi-bedroom ocean-view residences at Kapalua Bay
Accommodation size range
1,774–4,050+ sq ft
Size range of residential-style accommodations
Spa size
40,000 sq ft
Size of the spa at The Resort at Kapalua Bay
Indoor meeting space
3,415 sq ft
Indoor meeting space at the resort
Outdoor event space
30,210 sq ft
Outdoor event space at the resort

Historical Context

5 past events · Latest: Mar 04
5 events
  1. Mar 04

    CALA growth update

    24h Move
    +0.0%

    Reported record 2025 CALA growth with higher deals and rooms signed.

  2. Feb 25

    Conference appearance

    24h Move
    +1.3%

    CEO and senior executive scheduled to speak at a J.P. Morgan forum.

  3. Feb 12

    Dividend declaration

    24h Move
    -0.3%

    Announced a quarterly cash dividend of $0.67 per share.

  4. Feb 11

    Brand collaboration

    24h Move
    -0.2%

    Ritz-Carlton and Kilometre Paris launched a limited-edition travel collection.

  5. Feb 10

    Earnings results

    24h Move
    +8.5%

    Reported strong Q4/FY 2025 metrics and 2026 guidance with high capital returns.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

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Spanning 25 oceanfront acres, The Resort at Kapalua Bay is situated on one of Maui's most treasured coasts.

Key Facts

  • Marriott's management of The Resort at Kapalua Bay goes into effect on March 14, 2026, with the property maintaining the same ownership.
  • The property is now part of Marriott Bonvoy and is slated to join the St. Regis Hotels & Resorts portfolio in 2027, following a renovation.
  • As The Resort at Kapalua Bay enters its next evolution, the property remains open, continuing to deliver the exceptional experience guests have come to expect.

BETHESDA, Md., March 13, 2026 /PRNewswire/ -- Marriott International, Inc. today announced it has signed an agreement with Kemmons Wilson Hospitality Partners ("KWHP") to bring The Resort at Kapalua Bay, a luxury oceanfront resort located on Maui's northwest coast, into the company's leading luxury portfolio.

Working with KWHP, Marriott has assumed management of the hotel's operations and continues to welcome guests to the remarkable resort as it undergoes the conversion. Following the completion of a renovation, the property is slated to join the iconic St. Regis Hotels & Resorts portfolio in 2027.

Set on approximately 25 acres of pristine oceanfront and situated within the larger Kapalua Resort community, The Resort at Kapalua Bay features 146 expansive, multi-bedroom, ocean-view residences that provide privacy, space, and residential comfort paired with bespoke hospitality services.

"We are proud to work with Kemmons Wilson on the evolution of this exceptional resort," said Dana Jacobsohn, Marriott International Chief Development Officer, Global Mixed Use and Luxury, North America. "Kapalua Bay is one of the most iconic leisure destinations in the world, and this agreement reflects our continued momentum in growing a best-in-class luxury resort portfolio that resonates with today's discerning luxury traveler."

"KWHP is thrilled to soon welcome St. Regis to Kapalua Bay. Since first investing in this extraordinary resort, our vision has been to continually elevate the quality, service, and care that define the guest experience here," said Webb Wilson, CIO at KWHP. "We believe this next chapter of the resort powerfully reinforces that commitment. Our mission—that everyone deserves hospitality—will continue to guide us as Kapalua Bay enters this exciting new era."

"White Label Asset Management is proud to help lead the repositioning of The Resort at Kapalua Bay as it soon joins the St. Regis brand. This is one of the truly great resorts in the world, with an iconic setting, extraordinary grounds, and some of the most spacious accommodations in luxury hospitality," said Jonathon Vopinek, CEO and President, White Label Asset Management. "We look forward to this exciting new chapter and to delivering an exceptional luxury resort experience for locals and travelers alike."

At The Resort at Kapalua Bay, guests can enjoy a variety of incredible amenities, including:

  • Expansive residential-style accommodations overlooking tropical gardens and the Pacific Ocean, ranging from 1,774 sq ft to over 4,050 sq ft.
  • Access to championship level golf courses and tennis courts
  • A 40,000 sq. ft. spa featuring 19 treatment rooms and ocean-view wellness facilities
  • 3,415 sq. ft. of indoor meeting space and 30,210 sq. ft. of outdoor event space
  • Direct access to Kapalua Bay Beach
  • Several extraordinary outdoor pools, including a multi‐tiered, cascading lagoon pool

This agreement expands Marriott's offerings in Hawai'i, with around 30 open properties and six in the pipeline.

ABOUT MARRIOTT INTERNATIONAL, INC.
Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of compelling brands across luxury, premium, select, midscale, extended stay, and all-inclusive, with over 9,800 properties in 145 countries and territories, as of December 31, 2025. Marriott franchises, operates, and licenses hotel, residential, timeshare, yacht, outdoor, and other lodging products all around the world. The company offers Marriott Bonvoy®, its highly awarded travel platform. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on X and Instagram.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/marriott-international-signs-agreement-to-bring-st-regis-hotels--resorts-to-kapalua-bay-hawaii-302713857.html

SOURCE Marriott International, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When did Marriott (MAR) begin managing The Resort at Kapalua Bay?

Marriott began management on March 14, 2026. According to Marriott, the company assumed operations under an agreement with Kemmons Wilson Hospitality Partners while ownership remains unchanged.

Will The Resort at Kapalua Bay join St. Regis and when will that occur for MAR shareholders?

Yes — the resort is slated to join St. Regis in 2027. According to Marriott, the brand conversion will follow a planned renovation and the property will remain open during the transition.

How many rooms and acres does the Kapalua Bay property add to Marriott's portfolio (MAR)?

The property features 146 multi-bedroom residences on approximately 25 acres. According to Marriott, accommodations range from 1,774 sq ft to over 4,050 sq ft, offering residential-style lodging.

Will The Resort at Kapalua Bay remain open during MAR's conversion and renovation?

Yes — the resort remains open while converting to St. Regis. According to Marriott, guests continue to receive full services as the property undergoes renovation ahead of the 2027 rebrand.

What key amenities does Kapalua Bay add to Marriott's luxury offering (MAR)?

Notable amenities include a 40,000 sq ft spa, championship golf access, multiple pools, and oceanfront event spaces. According to Marriott, the resort also offers 30,210 sq ft of outdoor event space and direct beach access.

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