The Hotel Today
While retaining its classic Victorian look, the hotel continues to upgrade its facilities. In July 2005, the hotel obtained approval to construct up to 37 limited-term occupancy cottages and villas on the property. They also received approval to add up to 205 additional rooms.
In 2003, Travelers sold the property to CNL Hospitality Properties Inc. and KSL Recreation Corp (CNL/KSL). This ownership group completed a $10 million upgrade of 381 rooms in June, 2005. The hotel is currently owned by the Blackstone Group LP (60%), Strategic Hotels & Resorts Inc. (34.5%), and KSL Resorts (5.5%). When Strategic Hotels & Resorts Inc. bought its stake in 2006, the hotel was valued at $745 million; currently, the hotel is valued at roughly $590 million.
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Front of the Hotel del Coronado
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Dragon Tree located at the Hotel del Coronado
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Old building of the Hotel del Coronado
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The entrance sign at The Del
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A full view of The Hotel del Coronado
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