Montage Hotels & Resorts

Montage Hotels & Resorts
Private
Industry Hospitality
Founded 2002
Founder Alan Fuerstman (CEO)
Headquarters Orange County, California, US
Area served
 North America
Services Hotel and resort management
Website Official Website

Montage Hotels & Resorts (often referred to simply as Montage Hotels) is a luxury hotel and resort management company founded by Alan Fuerstman and based in Orange County, California.[1][2] The company currently operates 5 properties in the United States with one upcoming in Mexico and another under Pendry Hotels.[3][4]

History

Montage Hotels & Resorts was founded in January 2002 by Alan Fuerstman.[2] The first major acquisition by Montage occurred in June 2002 when the company partnered with the Athens Group to purchase a development that was then known as the Laguna Beach Colony. The deal was worth $190 million, which was the highest per-room price for a hotel in the United States that year.[5] Montage Laguna Beach was opened in 2003 and became the first hotel to bear the Montage brand.[6] In March 2005, Montage won a municipal election that allowed them to build a new luxury hotel in the heart of Beverly Hills.[7] Montage Beverly Hills was eventually opened in 2008.[8]

Montage Deer Valley in Park City, Utah. Photo taken in 2012.

Two years later, Montage opened its third resort, Montage Deer Valley in Park City, Utah. [9] Ohana Real Estate Investors — which was created by the founder and chairman of eBay, Pierre Omidyar—provided investment backing for and ownership interest in several Montage Hotels properties, including Laguna Beach, Beverly Hills, and Deer Valley.[6][10] In August 2013, Montage Hotels & Resorts expanded their portfolio to Hawaii and took over management of the Kapalua Bay property and officially became "Montage Kapalua Bay."[11]

In 2014, Montage acquired management rights to the Inn at Palmetto Bluff in Bluffton, South Carolina. In October 2014, the company launched a new lifestyle brand called Pendry Hotels. Pendry Hotels is led by Michael Fuerstman (Alan Fuerstman's eldest son) and is set to open their first hotel in San Diego's Gaslamp Quarter in 2016.[12] Construction crews officially broke ground on the hotel on October 8, 2014.[13] In January 2015, Montage Laguna Beach was sold by Ohana Real Estate Investors to Strategic Hotels & Resorts for $360 million, which is currently the state record for the highest per-room price. Montage Hotels & Resorts continues to manage the hotel.[14] In early 2015, Montage Hotels announced plans for their first international resort hotel in Los Cabos, Mexico on the Santa Maria Bay.[4]

Properties

View of the pool at Montage Laguna Beach.

Montage Hotels currently manages five hotels in the United States (2 in California, 1 each in Utah, Hawaii, and South Carolina) with plans for one in Los Cabos, Mexico and Pendry Hotels. Each of the hotels also contain a luxury spa called "Spa Montage."[4][6][9][15] Spa Montage Laguna Beach received the first even 5 Star Spa award.[16]

Montage Laguna Beach

Montage Laguna Beach is the flagship hotel of the Montage Hotels & Resorts brand. The hotel is built in the Craftsman style and is located directly adjacent to the Pacific Ocean and just south of downtown of Laguna Beach. It contains 250 rooms, 60 of which are suites, 37 beach bungalows, and Montage branded residences. It's built on 30 acres and incorporates artwork from William Wendt and Edgar Alwin Payne. Montage Laguna Beach has been in operation since 2003.[6][17] Montage Laguna Beach was purchased by a Chicago real estate investment trust in 2015 for $360 million.[18] It changed ownership again later in 2015 when the REIT (Strategic Hotels & Resorts) was purchased by The Blackstone Group for $6 billion.[19]

Montage Beverly Hills

Opened in 2008, Montage Beverly Hills is built in a Spanish Colonial Revival style and is located in the "Golden Triangle" district in Beverly Hills. The resort contains 201 guestrooms with restaurants, a spa, a ballroom, and library. The hotel contains 55 suites and Montage branded residences.[8]

Montage Deer Valley

View from Montage Deer Valley.

Montage Deer Valley was opened in 2010 in Park City, Utah. It contains 154 guest rooms, 66 suites and 81 Montage branded residences. The resort contains indoor and outdoor meeting spaces, a ski shop, Compass Sports, a spa, a bowling alley, and four restaurants.[9]

Montage Kapalua Bay

Montage took over management duties at the Kapalua Bay resort in 2013. Montage expanded the resort's square footage, adding a suite-only hotel with 50 units and 56 Montage branded residencies.[11] The resort's rebrand and remodel cost an estimated $15 million, and Montage Kapalua Bay was officially opened in June 2014. The resort contains a spa beach access near Kapalua Bay, and a Pegge Hopper art collection.[20]

Montage Palmetto Bluff

Montage Palmetto Bluff came under the management of Montage Hotels in 2014. Montage spearheaded a renovation that included plans to introduce 150 new luxury rooms in addition to the already existent 50 cottages. Montage also introduced a new spa, fitness center, and dining accommodations. Montage Palmetto Bluff is located in Bluffton, South Carolina on the banks of the May River.[21]

Planned

Montage has two upcoming hotels, one of which will operate under the Pendry Hotels branding. Pendry San Diego is set to open in San Diego's Gaslamp Quarter in late 2016.[13] Montage is also planning a new resort in Los Cabos, Mexico.[4]

Recognition and awards

The properties of Montage Hotels & Resorts have received numerous awards and accolades since the Montage brand debuted in 2003.[22] Montage Laguna Beach has been honored by Andrew Harper Travels and Travel + Leisure.[6] The flagship also received a five-star rating from the Forbes Travel Guide along with its spa and restaurant.[17] The Condé Nast Traveler gave Montage Laguna Beach a "Gold" rank on its list of the World's Best Places to Stay. The magazine's Reader's Choice Awards have named the Laguna Beach property the best place to stay in Southern California, and the resort has also earned a AAA Five Diamond Award.[23] The Montage Deer Valley resort was named the 17th best luxury hotel in the United States and received the AAA Five Diamond Award in 2015.[24][25] All five properties were recognized by Condé Nast Traveler in 2015 with reader choice awards for The Best Hotels & Resorts in the World.

References

  1. ↑ Hughes, Paul (28 April 2015). "Montage Moves Ahead on Los Cabos". Orange County Business Journal. Retrieved 30 July 2015.
  2. 1 2 Diamond, Barbara (5 July 2002). "New resort owner shares thoughts on Laguna". Laguna Beach Coastline Pilot. Retrieved 30 July 2015.
  3. ↑ King, Danny (24 October 2014). "Montage to launch Pendry lifestyles brand in 2016". Travel Weekly. Retrieved 11 December 2015.
  4. 1 2 3 4 Covey, Claudette (28 April 2015). "Montage to Open Its First International Property In Los Cabos". Travel Pulse. Retrieved 30 July 2015.
  5. ↑ Harris, Bonnie (22 June 2002). "Marriott Sells Stake in Laguna Project". The L.A. Times. Retrieved 30 July 2015.
  6. 1 2 3 4 5 Martin, Michael (6 October 2011). "Montage Hotels & Resorts Fast to Earn Its Stars". TheStreet.com. Retrieved 30 July 2015.
  7. ↑ Newman, Morris (11 May 2005). "Plans for a Hotel Survive in Beverly Hills". The New York Times. Retrieved 30 July 2015.
  8. 1 2 Smith, Dakota (24 November 2008). "Getting to Know You: Beverly Hills Montage Hotel". Curbed. Retrieved 30 July 2015.
  9. 1 2 3 Gorrell, Mike (8 December 2010). "Montage Deer Valley: Utah's newest elite hotel". Salt Lake Tribune. Retrieved 30 July 2015.
  10. ↑ Shimogawa, Duane (31 May 2013). "Montage Hotels & Resorts to take over management of Maui resort units". Pacific Business News (Biz Journals). Retrieved 30 July 2015.
  11. 1 2 "Montage Hotels & Resorts Announces Montage Kapalua Bay". Business Wire. 1 August 2013. Retrieved 30 July 2015.
  12. ↑ Chipkin, Harvey (22 October 2014). "Montage launches lifestyle brand Pendry Hotels". Hotel News Now. Retrieved 30 July 2015.
  13. 1 2 Showley, Roger (7 October 2014). "Gaslamp getting Pendry hotel". San Diego Union-Tribune. Retrieved 30 July 2015.
  14. ↑ Vincent, Roger (30 January 2015). "Montage Laguna Beach sells for $360 million; deal shatters state records". Los Angeles Times. Retrieved 30 July 2015.
  15. ↑ Winnerman, Jim (20 April 2014). "Luxury hotelier Montage taps into individual locations". St. Louis Post-Dispatch. Retrieved 30 July 2015.
  16. ↑ "Mobil Travel Guide Announces The First Ever Mobil Five-Star Hotel & Resort Spa". Hotel News Source. 21 April 2005. Retrieved 30 August 2016.
  17. 1 2 Bosch, Hayley (26 February 2013). "Montage Laguna Beach Celebrates 10 Years With A Five-Star Award". Forbes Travel Guide. Retrieved 30 July 2015.
  18. ↑ Vincent, Roger (30 January 2015). "Montage Laguna Beach sells for $360 million; deal shatters state records". L.A. Times. Retrieved 3 November 2015.
  19. ↑ Bray, Chad (September 8, 2015). "Blackstone Agrees to Buy Strategic Hotels and Resorts". The New York Times. Retrieved September 8, 2015.
  20. ↑ Shimogawa, Duane (22 May 2014). "Maui's Montage Kapalua Bay to open on June 1". Pacific Business News. Retrieved 30 July 2015.
  21. ↑ "Montage Hotels To Transform The Inn at Palmetto Bluff". Hotel Chatter. 3 January 2014. Retrieved 30 July 2015.
  22. ↑ Garfinkel, Perry (23 August 2008). "A Hotel's Secret: Treat the Guests Like Guests". The New York Times. Retrieved 30 July 2015.
  23. ↑ Quinnan, Bill (6 January 2014). "Award Streak Continues for Montage Laguna Beach". Orange County Register. Retrieved 30 July 2015.
  24. ↑ "Two Utah hotels named among nation's best according to TripAdvisor users". KTVX. 21 January 2015. Retrieved 30 July 2015.
  25. ↑ "AAA releases four and five diamond awards for Utah businesses". KTVX. 16 January 2015. Retrieved 30 July 2015.
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