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Ritz Carlton Laguna Niguel

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BUSINESS
August 22, 1997 | MELINDA FULMER
A New Mexico hotel investment group recently agreed to acquire the Ritz-Carlton Laguna Niguel luxury resort for about $225 million, according to published reports. Strategic Hotel Capital Inc. will buy the 393-room oceanfront resort from Prudential Insurance Co. of America, according to a report in the Wall Street Journal, which quoted unnamed sources.
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BUSINESS
May 11, 2006 | Annette Haddad, Times Staff Writer
The Ritz-Carlton Laguna Niguel, the posh seaside resort that launched the luxury building boom along Orange County's coastline 20 years ago, is being sold in one of California's priciest hotel acquisitions. Strategic Hotels & Resorts Inc., a Chicago real estate investment trust, said Wednesday that it was buying the 393-room hotel for $330 million.
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BUSINESS
May 11, 2006 | Annette Haddad, Times Staff Writer
The Ritz-Carlton Laguna Niguel, the posh seaside resort that launched the luxury building boom along Orange County's coastline 20 years ago, is being sold in one of California's priciest hotel acquisitions. Strategic Hotels & Resorts Inc., a Chicago real estate investment trust, said Wednesday that it was buying the 393-room hotel for $330 million.
BUSINESS
April 15, 2006 | Roger Vincent
The Ritz-Carlton Laguna Niguel is on the market and may fetch a record price for an Orange County hotel, industry observers said. Its owner, Chicago-based investor Strategic Hotel Capital, is selling off its assets, including the Dana Point property and the Park Hyatt in San Francisco, said hotel consultant Alan Reay of Atlas Hospitality. The sellers hope to get close to $400 million for the 393-room hotel, according to Commercial Real Estate Direct, a real estate news service. -- Roger Vincent
BUSINESS
April 15, 2006 | Roger Vincent
The Ritz-Carlton Laguna Niguel is on the market and may fetch a record price for an Orange County hotel, industry observers said. Its owner, Chicago-based investor Strategic Hotel Capital, is selling off its assets, including the Dana Point property and the Park Hyatt in San Francisco, said hotel consultant Alan Reay of Atlas Hospitality. The sellers hope to get close to $400 million for the 393-room hotel, according to Commercial Real Estate Direct, a real estate news service. -- Roger Vincent
BUSINESS
August 31, 1999 | E. SCOTT RECKARD, E. Scott Reckard covers tourism for The Times. He can be reached at (714) 966-7407 and at scott.reckard@latimes.com
Travel & Leisure magazine has named the Ritz-Carlton, Laguna Niguel the best hotel in the continental United States and Canada, and the eighth-best in the world, saying it sits "like a queen on her throne" on a 150-foot oceanfront bluff. The magazine, published by American Express Co., had researcher Yankelovich Partners survey thousands of subscribers last spring to compile its fourth annual "best of" lists.
BUSINESS
November 16, 1987 | Mary Ann Galante, Times Staff Writer
The Ritz-Carlton Laguna Niguel may soon have an identity crisis. Not to mention one heck of an inconvenience. Orange County's only five-star hotel has been caught in a tug-of-war between Laguna Niguel and Dana Point as the neighboring communities pursue separate incorporation proposals. At stake is $2.5 million a year in local taxes generated by the Ritz.
FOOD
November 21, 2001
TODAY Big Bake Sale: The Ritz-Carlton Laguna Niguel adds a bake sale to its tree-lighting ceremony with goodies being sold to help raise funds for the United Service Organization of San Diego, which provides assistance to military members and their families. 4 p.m. The Ritz-Carlton Laguna Niguel, 1 Ritz-Carlton Drive, Dana Point. (949) 240-2000. Goodies range from $5 to $20. TUESDAY Campanile Desserts: Pastry chef Kimberly Boyce displays Christmas desserts from the restaurant. 6:30 p.m.
BUSINESS
April 24, 1998 | Daryl Strickland
The Ritz-Carlton of Laguna Niguel was named one of the world's top 10 hotels in a survey of Gourmet magazine readers. The Hotel Bel-Air, in ritzy Bel-Air, took top honors overall. Last year, in the magazine's first survey of hotels, the Ritz-Carlton also was highly ranked. Although the Ritz-Carlton is delighted with the recognition, no one expects a dramatic increase in booked rooms. But extra publicity never hurts, said spokeswoman Suzanne Willis.
NEWS
October 13, 1989 | NANCY WRIDE, NANCY WRIDE, TIMES STAFF WRITER
The video is already playing as the Ritz-Carlton bellman unlocks the hotel room. His white gloves point around the French Provincial furnishings and Italian marble bathroom as an actress on the television screen begins a tour of the Dana Point grounds. It is an odd introduction to one of America's best hotels--and Orange County's most luxurious. It starts out typically enough. Classical music. Regal lion logo. Phrases like "The Golden Coast" and "California Riviera" and "Old World Charm."
FOOD
November 21, 2001
TODAY Big Bake Sale: The Ritz-Carlton Laguna Niguel adds a bake sale to its tree-lighting ceremony with goodies being sold to help raise funds for the United Service Organization of San Diego, which provides assistance to military members and their families. 4 p.m. The Ritz-Carlton Laguna Niguel, 1 Ritz-Carlton Drive, Dana Point. (949) 240-2000. Goodies range from $5 to $20. TUESDAY Campanile Desserts: Pastry chef Kimberly Boyce displays Christmas desserts from the restaurant. 6:30 p.m.
BUSINESS
August 31, 1999 | E. SCOTT RECKARD, E. Scott Reckard covers tourism for The Times. He can be reached at (714) 966-7407 and at scott.reckard@latimes.com
Travel & Leisure magazine has named the Ritz-Carlton, Laguna Niguel the best hotel in the continental United States and Canada, and the eighth-best in the world, saying it sits "like a queen on her throne" on a 150-foot oceanfront bluff. The magazine, published by American Express Co., had researcher Yankelovich Partners survey thousands of subscribers last spring to compile its fourth annual "best of" lists.
BUSINESS
April 24, 1998 | Daryl Strickland
The Ritz-Carlton of Laguna Niguel was named one of the world's top 10 hotels in a survey of Gourmet magazine readers. The Hotel Bel-Air, in ritzy Bel-Air, took top honors overall. Last year, in the magazine's first survey of hotels, the Ritz-Carlton also was highly ranked. Although the Ritz-Carlton is delighted with the recognition, no one expects a dramatic increase in booked rooms. But extra publicity never hurts, said spokeswoman Suzanne Willis.
BUSINESS
August 22, 1997 | MELINDA FULMER
A New Mexico hotel investment group recently agreed to acquire the Ritz-Carlton Laguna Niguel luxury resort for about $225 million, according to published reports. Strategic Hotel Capital Inc. will buy the 393-room oceanfront resort from Prudential Insurance Co. of America, according to a report in the Wall Street Journal, which quoted unnamed sources.
BUSINESS
January 13, 1992 | Chris Woodyard, Times staff writer
Orange County has for years been one of the nation's top vacation destinations. Then in 1991, the Persian Gulf War, recession and cool summer temperatures combined to zap occupancy at the county's major hotels. The luxurious Ritz-Carlton in Dana Point has felt the chill too. General Manager Henry E. Schielein, who joined the Ritz in 1986, has shaved expenses, cut employee hours and taken other steps to try to cope with the downturn.
NEWS
October 13, 1989 | NANCY WRIDE, NANCY WRIDE, TIMES STAFF WRITER
The video is already playing as the Ritz-Carlton bellman unlocks the hotel room. His white gloves point around the French Provincial furnishings and Italian marble bathroom as an actress on the television screen begins a tour of the Dana Point grounds. It is an odd introduction to one of America's best hotels--and Orange County's most luxurious. It starts out typically enough. Classical music. Regal lion logo. Phrases like "The Golden Coast" and "California Riviera" and "Old World Charm."
BUSINESS
January 13, 1992 | Chris Woodyard, Times staff writer
Orange County has for years been one of the nation's top vacation destinations. Then in 1991, the Persian Gulf War, recession and cool summer temperatures combined to zap occupancy at the county's major hotels. The luxurious Ritz-Carlton in Dana Point has felt the chill too. General Manager Henry E. Schielein, who joined the Ritz in 1986, has shaved expenses, cut employee hours and taken other steps to try to cope with the downturn.
BUSINESS
November 16, 1987 | Mary Ann Galante, Times Staff Writer
The Ritz-Carlton Laguna Niguel may soon have an identity crisis. Not to mention one heck of an inconvenience. Orange County's only five-star hotel has been caught in a tug-of-war between Laguna Niguel and Dana Point as the neighboring communities pursue separate incorporation proposals. At stake is $2.5 million a year in local taxes generated by the Ritz.
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