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US: Hotel and resort operator Palisades Hospitality Group has teamed up with real estate investor CovoCapital to but the Colony Palm Hotel in Palm Springs.
US: Hotel and resort operator Palisades Hospitality Group has teamed up with real estate investor CovoCapital to but the Colony Palm Hotel in Palm Springs.
The 57-room property retains many features of the original Spanish colonial architecture, from arched entryways and coved ceilings to original Moorish floor tiles. With Moroccan-inspired interiors, the Colony Palms Hotel also features a full-service spa and the Purple Palm restaurant.
Over the next few months PHG will undertake upgrades and enhancements to the property’s spa, guest rooms, restaurant and landscaping. In addition, the hotel will add 1,200 square feet in meeting space under the new management.
“The Colony Palms is a gorgeous, historically significant property in a fantastic location that offered us a perfect fit with our larger mission at Palisades Hospitality Group – to expand our boutique hotel presence in leisure destinations with truly special, individual properties that fit the way people want to travel,” said Tim Harmon, CEO of Palisades Hospitality Group.
Originally built in 1936, the Colony Palms property was once owned by alleged mobster Al Westheimer and featured a casino, speakeasy and brothel that attracted such famous Hollywood guests as Clark Gable, Carole Lombard and Humphrey Bogart. Later in the 1940s, the hotel was purchased by the owners of famed racehorse, Sea Biscuit, Robert and Amanda Leeds-Howard, and was renamed the Howard Manor. In the 1970s, the property changed hands again and was reinvented as a popular health resort called The Palms. Most recently, in 2008, the hotel underwent a $17 million renovation.
www.palisadeshospitality.com
www.colonypalmshotel.com
