The property will be managed by Davidson Hotels & Resorts and will be owned by an affiliate of Fairwood Capital LLC.
ATLANTA – Davidson Hotels & Resorts has announced the addition of Hyatt Regency Monterey Hotel and Spa to its growing portfolio. The sophisticated 550-room full-service resort in Monterey, Ca. is situated in the heart of one of the most beautiful coastal cities in California. The property, which will continue to operate under the Hyatt Regency brand, will be managed by Davidson Hotels & Resorts and will be owned by an affiliate of Fairwood Capital LLC – a real estate investment firm specializing in hospitality-related real estate.
"We are excited to embark on our third project with Davidson, leveraging their unrivaled experience with Hyatt," noted Todd Solmson, managing director of Fairwood Capital. "Davidson has been a tremendous operating partner of ours for many years and together we will implement a comprehensive plan to elevate the asset and guest experience in this beautiful property."
Located in the center of the prominent California Highway 1 corridor, Hyatt Regency Monterey Hotel and Spa is tucked away within a 22-acre property, nestled along the historic Del Monte Golf Course, the oldest continuously-operating golf course west of the Mississippi. Guests choosing to take advantage of onsite offerings can utilize more than 40,000 square feet of indoor/outdoor meetings space, ace the full-service racquet club with six championship tennis courts, tee off on the historic 18-hole Del Monte golf course, lift in a 24-hour Stayfit fitness center, relax in the 12,000 square-foot Marilyn Monroe spa and wine and dine in multiple food and beverage options inclusive of the TusCA Ristorante, Knuckles Sports Bar and Fireplace Lounge.
"The Fairwood team has proven to be exceptional investors and asset managers and we know they will be a strong addition to the Hyatt franchise community," said John Belden, president and chief executive officer of Davidson. "This will be our 11th full-service Hyatt hotel and we have tremendous confidence in the brand, its positioning and its strong offerings. Hyatt has been an important part of the Monterey community and together with Fairwood we will create an exciting new future for the property."
Upon entering the elegant lobby, guests are welcomed with a calming water feature and soothing earth tone color scheme, complemented by the adjacent Fireplace Lounge which provides live, weekend entertainment for guests to enjoy while taking in views of the historic Del Monte Golf Course. If looking for a livelier gathering place, Knuckles Sports Bar is conveniently connected to the lobby and offers craft cocktails and outstanding food. Visitors in pursuit of authentic, hearty, locally inspired Italian dishes will enjoy the TusCA Ristorante, where they will experience a fusion of Tuscany and California influences while reveling in a modern, laid back setting, taking in spectacular golf course vistas.
Davidson Hotels & Resorts, and its lifestyle and luxury operating division, Pivot Hotels & Resorts, is one of the industry's preeminent hotel operators, specializing in branded and lifestyle full-service and upscale urban select-service hotels.
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