SAN DIEGO
Fairmont Hotels & Resorts announced that it will take over management of San Diego's upscale Grand Del Mar and rebrand it as the Fairmont Grand Del Mar.
The resort was named TripAdvisor's No. 1 Luxury Hotel in California in 2014 and a Forbes Travel Guide Five-Star Hotel for the fourth consecutive year, and will soon join a distinctive hotel collection that includes the iconic Fairmont San Francisco, The Plaza in New York and 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, Calif. Following that acquisition, a multimillion-dollar refurbishment project was undertaken to revitalize the hotel.
Set amidst the Los Peñasquitos Canyon Preserve in Southern California, the resort features 249 guestrooms, counting a high mix of luxurious suites, plus eight 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 fitness center.
The resort also houses 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 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 numerous beaches and the Del Mar Thoroughbred Club.
