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NYC Investor Acquires Kennebunkport Resorts
EOS Investors, a privately-held investment firm based in New York City, acquired the nine-property Kennebunkport Resort Collection in Kennebunkport, ME. Deal terms weren’t disclosed. Kennebunkport Resort Collection will continue to manage the Resort on EOS’s behalf.
“As our first investment in the Northeast, we are delighted to add such a renowned collection of resorts to our portfolio,” says Jonathan Wang, president of EOS.
Wang added, “Kennebunkport Resort Collection has been a staple for Maine’s hospitality sector for over a decade, and with this acquisition, we look forward to making a stronger connection to guests and further build on the great success that the collection has built thus far.”
The nine properties include Hidden Pond, The Cottages at Cabot Cove, the Grand Hotel, The Tides Beach Club; Yachtsman Hotel & Marina Club, Cape Arundel Inn & Resort, The Lodge on the Cove, The Boathouse Waterfront Hotel and the historic Kennebunkport Inn.
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition
