Fairmont and Blum Capital to rebrand Grand Del Mar hotel
by Helen Andrews | 07 Apr 2015
The property, designed by architect Addison Mizner, includes a 21,000sq ft (1,951sq m) spa / The Grand Del Mar
Fairmont Hotels & Resorts is set to rebrand and oversee day to day operations at what will become the Fairmont Grand Del Mar in San Diego, US, under a long term management agreement with private equity firm Blum Capital, which will have majority ownership.
FRHI and Manchester Financial Group will hold a minority interest in the 249-bedroom property, which also offers eight two-storey villas.
The Grand Del Mar acquisition follows another Californian hotel deal between Fairmont and Richard Blum, which saw the pair acquire the Claremont Hotel Club & Spa in Berkeley. Following the purchase of the Claremont property in 2014, a multi-million dollar refurbishment has been undertaken to revitalise the hotel – including enhancements to the spa that have yet to be made public.
The Fairmont Grand Del Mar, designed by architect Addison Mizner, includes a 21,000sq ft (1,951sq m) spa, an 18-hole Tom-Fazio-designed golf course and clubhouse, six food and beverage venues, a fitness centre and 27,000sq ft (2,508sq m) of meeting space – including a 10,000sq ft (929sq m) ballroom.
A spokesperson for FRHI told Spa Opportunities that there are currently no plans to change the spa at the Grand Del Mar property.
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Fairmont Hotels & Resorts is set to rebrand and oversee day to day operations at what will become the Fairmont Grand Del Mar in San Diego, US, under a long term management agreement with private equity firm Blum Capital, which will have majority ownership. FRHI and Manchester Financial Group will hold a minority interest in the 249-bedroom property, which also offers eight two-storey villas. The Grand Del Mar acquisition follows
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