KSL Capital Partners acquires majority stake in Soneva Group
- KSL Capital Partners has taken a majority interest in the Soneva Group, which specializes in sustainable luxury hospitality.
- Neil Gallagher has been appointed as CEO to lead Soneva's next growth phase.
- This acquisition reflects KSL's strong belief in Soneva’s long-term strategy and eco-luxury market potential.
On May 23, 2025, KSL Capital Partners, a prominent alternative investment firm based in Denver, Colorado, announced the acquisition of a majority interest in the Soneva Group. This move follows KSL’s initial investment in Soneva back in November 2019, highlighting the firm's ongoing commitment to the strategic vision of Soneva, which is recognized for its pioneering efforts in sustainable luxury hospitality since its establishment in 1995. The firm’s belief in Soneva’s ability to excel in the ultra-luxury experiential travel segment has been a driving factor behind this majority stake acquisition. In conjunction with the acquisition, Neil Gallagher has been appointed as the Chief Executive Officer of Soneva. Mr. Gallagher is an experienced leader in the hospitality industry, bringing over twenty years of expertise gained through positions held in various regions including Europe, the Middle East, the United States, and the Caribbean. Before taking up his role at Soneva, he served as both CEO and CFO of Clermont Hotel Group and was in leadership roles at IHG Hotels & Resorts. His extensive experience and insight into the luxury travel sector are expected to be instrumental in steering the next phase of growth for Soneva. KSL Capital Partners operates with a focus on three primary investment strategies: equity, credit, and tactical opportunities funds. Through this diverse structure, KSL has cultivated a portfolio that includes some of the most distinguished properties within the travel and leisure industry. The firm’s main offices are located in Denver, Stamford, New York, and London, indicating a strong international presence. This transaction is significant not just for KSL and Soneva, but also for the hospitality industry as it underscores the rising prominence of sustainable luxury resorts. As consumer preferences shift towards sustainability, Soneva's reputation as a leader in the sector aligns with KSL’s investment strategy, suggesting a future where eco-conscious luxury travel could become more prevalent. The new leadership under Neil Gallagher is anticipated to further innovate and enhance Soneva’s offerings, ultimately contributing positively to both the company’s growth and the broader luxury tourism landscape.