Remington Hotel Corporation, growing presence in hotel condonium market
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Remington Hotel Corporation, growing presence in hotel condonium market
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Category: Worldwide
This is a press release selected by our editorial committee and published online for free on 2005-12-06
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14185 Dallas Parkway, Suite 1150, Dallas, TX 75254 Phone: (972) 980-2700
Remington Hotel Corporation, the premier service provider to the
hospitality industry™, today announced plans for the development of Remington Las Montañas
Resort Hotel & Spa in Indian Wells, CA. Construction on the new hotel condominium resort is
expected to commence in late-2006 with a grand opening planned for 2008.
The Remington Las Montañas Resort Hotel & Spa will include a 530-room resort hotel and 265 hotel
condominium units. Located south of Miles Avenue and immediately west of Washington Street in
Indian Wells, the resort will cater to National Association and Fortune 500 Corporate groups with its
65,000 square feet of state-of-the-art meeting space, ballroom, private screening and pre-function
rooms. A 15,000-square-foot spa and fitness center will entice both owners and guests to stay in
shape while experiencing the finest resort in the Coachella Valley. Separate family and adult leisure
areas along with elegant pools and spectacular water activity areas as well as a spa pool, will raise the
relaxation possibilities to new levels. Chipping and putting greens with mountain views will prepare
owners and guests for the challenges presented by Indian Wells' world famous golf courses. Designs
for the Remington Las Montañas Resort Hotel & Spa also place an emphasis on dining options, with
formal dining for both lunch and dinner, a three-meal restaurant that serves family poolside and
family interior dining, a walk-up/poolside bar at the adult pool, wellness dining at all restaurants and
a lobby bar. Plans also call for a kids club, golf and tennis concierge, a private owner's concierge and
1,000 square feet of retail space.
Remington has teamed with an affiliate of Sanderson J. Ray Development and Trillium Resorts to
develop Las Montañas. In addition to being a partner in Remington's new venture, Sanderson J. Ray
Development will also be developing a high-end retail component to the resort immediately across
Miles Avenue. Trillium Resorts will be responsible for leading the condominium sales and
marketing effort. A VIP list is now forming and sell-out is expected by Spring 2006. Remington
will coordinate all development activity; execute all aspects of on-site management and operations at
the resort; operate the condominium rental program; manage the condominium owners association;
and develop and execute sales and marketing strategies for the condominium rental program.
Remington Expands Growing Presence in Hotel Condominium Market
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December 2, 2005
"Remington Las Montañas Resort Hotel & Spa has all the elements in place to become a phenomenal
success story for Remington, Sanderson J. Ray and Trillium," noted Mark Sharkey, Chief Operating
Officer of Remington. "Putting our 35 plus years of hotel development experience to work we have
created what will be Indian Wells' newest and finest hotel condominium resort, highlighted by
luxurious amenities and space for owners and guests alike. We expect Las Montañas to attract
discerning buyers and discriminating leisure guests as well as large and small group clients from all
over the world. We have also assembled a first-class team that will ensure all aspects of the preselling,
development, construction and management of Remington Las Montañas Resort Hotel & Spa
will be led by the best in the business. In short, we could not have envisioned a better project to
continue to expand Remington's growing presence in the vibrant hotel condominium market."
The typical condominium unit at the Remington Las Montañas Resort Hotel & Spa will total
approximately 1,835 square feet with a master bedroom, living, dining and kitchen area and junior
lockout suite. All units will have nearly 400 square feet of outdoor living space with a fireplace to
enhance the resort's fabulous mountain views, exterior leisure areas and architectural embellishments.
The units are in three connected towers with floors layering from five to seven levels. A majority of
the rooms will be located on levels two through six. Premium suites may be located on the terraced
upper levels with exquisite mountain views.
Remington is the premier service provider to the hospitality industry. One of the largest independent
hotel service companies in the U.S., Remington currently has property, project and asset management
assignments from coast to coast for many of the world's leading hotel owners and developers. The
Company's experience spans all lodging types, segments and locations, including 13 different brands,
independents and hotel condominiums. For more information about Remington, please visit
www.remingtonhotels.com.
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