HONOLULU-Outrigger Hotels and Resorts has purchased the remaining shares of Outrigger on the Lagoon Fiji from partner Geoffrey Shaw, as well as Shaw's privately-held Castaway Island, Fiji resort. The sale prices were not disclosed.
Outrigger gains full ownership of both award-winning resorts, according to a report in Pacific Business News.
Outrigger Enterprises Group president and CEO David Carey said in a statement that the acquisition is consistent with the company's strategic growth in the Asia-Pacific region.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
