The Monarch Beach Resort is one of the most prestigious resorts in the world. Located in Dana Point, California, the resort offers luxurious accommodations, stunning views and world-class amenities.
From its breathtaking oceanfront setting to its impeccable service, the Monarch Beach Resort provides an unforgettable experience for guests. But who actually owns this luxurious resort?
The Monarch Beach Resort is owned by KSL Capital Partners, LLC, a private equity firm based in Denver, Colorado. Founded in 2005 by former Vail Resorts CEO Stephen F. Cloobeck and former Starwood Hotels & Resorts CFO Stephen J.
Judge, KSL Capital Partners focuses on investments across a wide range of industries including hospitality, leisure and lifestyle. The firm has acquired over $14 billion worth of assets since its inception.
KSL Capital Partners purchased the Monarch Beach Resort from Meristar Hospitality Corporation in May 2006 for $360 million. Meristar had acquired the resort from Marriott International Inc. just two years prior for $284 million.
KSL Capital Partners invested more than $100 million in renovations to bring the Monarch Beach Resort up to date with modern luxury standards. The renovations included upgrading guest rooms and suites as well as adding new restaurants, bars and a spa. In addition to these upgrades, KSL created a number of new amenities that have made the resort even more attractive to visitors.
Since KSL Capital Partners took ownership of the Monarch Beach Resort it has become one of the premier resorts in California and one of the most sought after vacation destinations in America. The resort’s high-end services and amenities coupled with its extraordinary location make it an ideal destination for travelers looking for luxury and relaxation.
Conclusion:
In conclusion, KSL Capital Partners LLC is the current owner of Monarch Beach Resort located in Dana Point, California since May 2006 when they purchased it from Meristar Hospitality Corporation for $360 million dollars after Marriott International Inc had previously acquired it two years prior for $284 million dollars. They have since invested over $100 million dollars into renovations to upgrade guest rooms, add new restaurants and spas as well as create new amenities that have made it even more attractive to visitors making it one of America’s most sought after vacation destinations.
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