Hawaii-based Outrigger Hotels and Resorts has sold six properties for $310 million but will continue to operate them.

Thailand-based Singha Estate Public Company acquired all six resorts, which are outside Hawaii. Singa bought the Outrigger Laguna Phuket Beach Resort and Outrigger Koh Samui Beach Resort in Thailand; Outrigger Fiji Beach Resort and Castaway Island in Fiji; Outrigger Mauritius Beach Resort in Mauritius; and Outrigger Konotta Maldives Resort in the Republic of Maldives.

Singha said the purchase is part of a strategic investment in high-yield tourist destinations around the globe.

Outrigger CEO Jeff Wagner said the sale will "provide new capital for further expansion while retaining Outrigger's brand presence and management of world-class properties."

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