KSL Capital Partners, the owner of Australian-founded Baillie Lodges, has taken a majority interest in Soneva Group – the sustainability-driven luxury hospitality brand operating five-star resorts in the Maldives.

Hersha Hospitality Trust in the United States, owner of luxury and lifestyle hotels in coastal gateway and resort markets, and KSL Capital Partners, LLC, the owner of Australia’s Baillie Lodges, have struck a definitive merger agreement to acquire Hersha Hospitality Trust in the USA.

Baillie Lodges has acquired South Australia’s preeminent luxury lodge, The Louise. The Barossa Valley-based boutique property will join the esteemed stable in September 2021.