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Fairmont Hotels & Resorts to Manage Grand Del Mar, San Diego
March 26, 2015
The highly regarded resort, which was named TripAdvisor's #1 Luxury Hotel in California in 2014 and a Forbes Travel Guide Five-Star Hotel for the fourth consecutive year, will soon join a distinctive hotel collection that includes the iconic Fairmont San Francisco, world-famous The Plaza in New York, and landmark The Savoy in London.
Upon closing of the deal, which will see private equity firm Blum Capital take majority ownership of the resort, Fairmont will oversee day-to-day operations of the award-winning property under a long-term management agreement. Manchester Financial Group and Fairmont’s parent company FRHI Hotels & Resorts (FRHI) will both hold a minority interest in the AAA Five-Diamond hotel.
Today’s Grand Del Mar announcement follows another high-profile California hotel deal between Fairmont and Richard Blum, which last year saw the two acquire the landmark Claremont Hotel Club & Spa in Berkeley, California. Following that acquisition, a multi-million dollar refurbishment project was undertaken to revitalize the hotel and enhance the Claremont’s stunning architecture.
Featuring Spanish and French influences, and a design reflecting the Mediterranean style of famed American resort architect Addison Mizner, the property is well suited to San Diego’s warm climate and outdoor lifestyle. Set amidst the Los Peñasquitos Canyon Preserve in Southern California, the resort features 249 guestrooms, counting a high mix of luxurious suites, plus 8 two-story 4,500 square foot villas.
Key features of the luxury resort include a 21,000 square foot spa, which received a Five Star rating from Forbes Travel Guide in 2015; 18-hole Tom-Fazio designed golf course and clubhouse; six food and beverage venues including Addison, the resort’s AAA Five Diamond rated signature restaurant; and a state-of-the-art fitness center. The resort also houses boutique shopping outlets and 27,000 square feet of meeting space, including a 10,000 square foot ballroom, perfect for both large and small scale events.
Fairmont Grand Del Mar is located near the coast in Northern San Diego, and surrounded by the pristine coastal communities of La Jolla, Del Mar and Rancho Santa Fe. It is conveniently located close to the San Diego Airport and a short drive from word-class beaches and the Del Mar Thoroughbred Club.
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