OGUNQUIT, Maine.
Rockbridge, a leading hotel investment firm, has announced the acquisition of The Cliff House Resort & Spa, a historic 166-room resort situated on 70 oceanfront acres atop Bald Head Cliff on Ogunquit, Maine's south coast.
Rockbridge, through a joint venture with Maine-based hoteliers Marc Dugas and Peter Anastos, purchased the resort with plans to complete a comprehensive renovation after the 2015 season, revitalizing the distinguished property. The destination hotel will open for the season in April 2014, welcoming travelers to experience more than a century of Maine heritage.
New Castle Hotels will manage The Cliff House for Rockbridge, on the heels of another significant revitalization project by the companies. The Westin Portland Harborview -- the first Westin branded hotel in Maine -- reopened in December 2013 following a complete restoration of the historic landmark hotel.
Located along Maine's rocky coast, the celebrated resort features oceanfront views in a serene setting. Guests choose from an array of amenities including three dining options ranging from fine to casual, 13,000 square feet of meeting space with a 150-seat amphitheater, a 2,500-square-foot fitness center, vanishing edge swimming pool, 75-foot indoor lap pool, whirlpool, steam room and sauna.
The first oceanfront spa in Maine, The Cliff House offers services with indigenous products like blueberries, juniper and wild roses, providing an authentic Maine experience.
Management Information
Rockbridge is a private equity firm that invests in hotels. Since 1992, Rockbridge's team has formed and managed ten institutional private equity funds and executed on more than 325 hotel investments in 45 states in transactions worth more than $5 billion. For additional information about Rockbridge, visit www.rockbridgecapital.com.
The Cliff House Hotel is operated by Shelton Conn. based New Castle Hotels & Resorts, a leading manager, owner and developer with 29 hotels and resorts and nearly 5,000 rooms under contract or in development. For additional information, please go to www.newcastlehotels.com.
