Chicago, IL, July 9, 2001 � Coastal Hotel Group, a Chicago based
full-service boutique hotel management company, is pleased to announce
it�s newest properties, the Beverly Crescent Hotel, a luxury property located
in the heart of Beverly Hills, and Sunset Waters Beach Resort, an all-inclusive
resort in Curacao, Netherland Antilles.
| The Beverly Crescent Hotel is a contemporary
boutique hotel complete with a European breakfast and afternoon tea recently
purchased by an investor group led by Ron Mason, Greg Peck and Ron Fuhrman.
The hotel is located in the Golden Triangle, just steps away from trendy
Rodeo Drive�s exclusive shops and restaurants and cultural activities.
The guest rooms at the Beverly Crescent are |
Beverly Crescent Hotel
403 N. Crescent
Drive
Beverly Hills, CA
|
newly decorated in wicker and wood furniture with chic decorative touches.
The property complements Coastal�s other California properties under management.
| Sunset Waters Beach Resort, owned by Chicago
real estate entrepreneur Bismark Brackett, is the first all-inclusive property
to be added to the Coastal Hotel portfolio. The property features
a large secluded beach with a casino on-property. The guest rooms
have spectacular sunset views of the water and private balconies. |
Sunset Waters Beach Resort
Santa Marta, Curaçao
|
Located at a famous Caribbean dive site, the resort offers water sports
including a full-service dive shop, kayaking and snorkeling.
�We are very excited about the addition of the Beverly Crescent and
Sunset Waters Resort to Coastal Hotel Group,� said Ralph Aruzza, Vice President
of Marketing. �We feel that both properties will benefit from Coastal�s
management and from the presence of the existing Coastal Hotels in each
of these local markets - the Beverly Hills Inn in Beverly Hills and Bitter
End Yacht Club located in the British Virgin Islands.�
Coastal Hotel Group is a privately held, Chicago-based hotel management
company. Since its founding in 1987, Coastal Hotel Group has developed
a
reputation as one of America's finest managers of small luxury hotels.
Coastal currently manages 27 hotels totaling over 2,000 rooms primarily
falling into two market segments: luxury resorts and boutique hotels.
Coastal Hotel Group is owned by Altamont Group, a privately owned Washington-based,
synergistic group of hospitality companies that manage portfolios of boutique
hotel real estate investments and provide hotel acquisition, development,
project management, marketing, reservations, and private label travel services.
Other Altamont Group companies include Altamont Partners, Altamont Travel,
Special Places, and Northcoast Marketing. |
