Englewood, Colo. � Aug. 11, 2010 � Charles S. Peck, president and chief
operating officer for Destination Hotels & Resorts, today announced
the company will manage Paradise Point Resort & Spa. The 462-room resort,
owned by LaSalle Hotel Properties and formerly managed by Noble House Hotels
and Resorts, is located on a 44-acre island on Mission Bay in the heart
of San Diego.
�We�re excited to add another unique property in the San Diego area
to the Destination Hotels & Resorts collection,� said Peck. �We�ve
been serving business and leisure customers in San Diego since 1992 including
the Estancia La Jolla Hotel & Spa and the $26 million total renovation
of L�Auberge Del Mar that was completed in 2008. Paradise Point is
an irreplaceable beachfront property with tremendous appeal to both the
leisure and meeting segments which adds to the diversity of what our customers
have experienced with us in this special part of Southern California.�
With the three San Diego properties, Destination�s presence in Southern
California continues to grow as the company also manages Terranea Resort
in Rancho Palos Verdes, which opened in 2009, and Miramonte Resort &
Spa in Indian Wells.
�We�re excited to have Destination Hotels & Resorts manage the
Paradise Point Resort & Spa,� said Michael D. Barnello, president and
chief executive officer of LaSalle Hotel Properties. �Their ability
as a proven operator of independent upscale resorts, coupled with their
expertise in the group and leisure markets will add great value to this
unique resort. We look forward to working with their team to bring this
resort to even greater prominence in its market in the years to come. �
Paradise Point�s convenient, beachfront location provides travelers�
with easy access to all of San Diego�s attractions. The resort is adjacent
to SeaWorld Adventure Park and a short drive to Balboa Park where the world-famous
San Diego Zoo is located. The hotel�s proximity to these attractions and
its family-friendly amenities caught the attention of the editor�s at Forbes.com
who designated the resort one of the �Top Ten Family Resorts in the World.�
Paradise Point, which recently completed a $20 million renovation,
features comfortable, California beach bungalow-style guest rooms amidst
lush, tropical gardens and meandering lagoons. The resort�s location offers
guests one of the best settings for indoor and outdoor dining, offering
spectacular views of Mission Bay. And Indonesian-themed spa transports
guests into a pampered retreat with custom-designed spa services and rituals.
Additional guest amenities include five swimming pools, five hard-surface
tennis courts, a state-of-the-art fitness center, an 18-hole putting course,
a full-service marina, bicycle rentals, lawn croquet and a 1.3-mile jogging
course.
The property�s central location and proximity to San Diego International
Airport makes it a great escape for business travelers, as well as group
and meeting attendees. Paradise Point�s 29 meeting and banquet rooms offer
more than 32,000 square feet of indoor event space for group and social
activities which are complimented by an additional 30,000 square feet of
outdoor meeting space. Spacious meeting rooms overlook Mission Bay and
provide a unique setting for both day and evening events.
The resort first opened in 1962 with 150 guestrooms and has gone through
a number of enhancements and expansions over the years. Its rich history
dates back to 1902 when a city commissioner had a vision for creating an
aquatic park, which is now Mission Bay. The master plan was approved in
1958 and included 30 miles of shoreline beaches, grassy knolls, areas for
sailing, swimming, boating, SeaWorld and Paradise Point Resort & Spa.
The original resort, which opened as Vacation Village in 1962, was
the vision of producer Jack Skirball who saw the potential to create a
destination for both vacationers and Hollywood productions. Skirball envisioned
a fantasy-island setting that would feature family vacationers as the cast.
Today, guests can still see remnants of the property�s Hollywood heyday
such as the porpoise fountain from the movie Cleopatra that Skirball produced.
For more information on Paradise Point Resort & Spa, please visit
www.paradisepoint.com.
LaSalle Hotel Properties is a leading real estate investment trust
(REIT), owning 32 upscale full-service hotels and resorts, totaling over
8,700 guestrooms in 14 markets in 11 states and the District of Columbia.
The company focuses on investing in upscale full-service hotels located
in urban, resort and convention markets. LaSalle Hotel Properties seeks
to grow through strategic investments, aggressive asset management and
partnering with premier hotel operating companies.
Destination Hotels & Resorts is the fourth largest independent
hospitality management company in the United States with more than 30 luxury
and upscale properties and conference centers located in urban and resort
locations. The company has developed a variety of initiatives to better
serve its communities, stakeholders and customers including Destination
Earth, an environmental sustainability program, and the Destination Delivers
guest loyalty program, which provides the best available offers to members.
Destination operates properties in key metropolitan areas and resort markets
including Washington, D.C., Denver, San Diego, Los Angeles, Santa Fe, Aspen,
Palm Springs, Houston and Lake Tahoe. Destination is a subsidiary of Los
Angeles-based investment, development and management firm Lowe Enterprises.
For more information on the properties in the Destination Hotels &
Resorts collection, please visit www.destinationhotels.com or to join Destination
Delivers, visit www.destinationdelivers.com.