hilton santa cruz scotts valley
Hilton Santa Cruz/Scotts Valley Finishes $4 Million Property Wide Upgrade
Hilton Hotels & Resorts | July 15, 2022
Santa Cruz, CA – June 15, 2022 – Hilton Santa Cruz/Scotts Valley has completed a $4-million renovation to its 178-room property. Led by Remington Hotels, the project includes updates to guestrooms, meeting space, restaurant-lounge, lobby, and hotel technology. Josh Belcher, General Manager of Hilton Santa Cruz/Scotts Valley said, “We're very excited about this renovation and the updates it brings to the hotel. Guest satisfaction has always been our top priority and we're looking forward to guests enjoying property updates now that the renovation is complete”. Owned by Ashford Hospitality Trust and managed by Remington Hotels, Hi...
Ashford Trust Completes Acquisition of the Hilton Santa Cruz/Scotts Valley for $50 Million
February 27, 2019
DALLAS, Feb. 27, 2019 -- Acquisition Highlights: High-quality, full-service hotel located in the growing and high barrier-to-entry Santa Cruz, California market Exceptional amenities including a full-service restaurant, 7,900 square feet of flexible meeting space, outdoor pool and fitness center Revenue per available room (RevPAR) of $158 for the 12 months ended December 31, 2018 Property is in excellent physical condition with limited capex needs Issued approximately 1.5 million Operating Partnership Units at an approximate 31% premium to yesterday's closing price In connection with this acquisition, Ashford Inc. has committ...
Ashford Hospitality Trust Selects Remington Hotels to Manage 178-Room Hilton Santa Cruz/Scotts Valley
February 27, 2019
DALLAS, TX (Feb. 27, 2019) – Remington Hotels, a leading hotel management company, this week takes over the management of Hilton Santa Cruz/Scotts Valley, owned by Ashford Hospitality Trust. The 9th Remington-managed property in the Bay Area, the acquisition of this hotel strengthens the company's foothold in the attractive destination and also marks the third large hotel takeover in less than six months. Remington now boasts 88 properties in its collection, with continued evolution forecasted for the year ahead. Next month, Remington celebrates these successes at the 24th annual Leadership Conference with over 350 field and home ...
Arden Group Acquires the Hilton Santa Cruz Scotts Valley, CA; HEI Hotels & Resorts to Manage
Arden Group | March 9, 2015
$7 Million Renovation Planned for the Hotel PHILADELPHIA, PA - March 9, 2015 - Arden Group, through their discretionary fund affiliate Arden Real Estate Partners II, LP, announced today that they acquired the Hilton Santa Cruz Scotts Valley, CA. The 174 room upscale hotel includes over 7,900 square feet of indoor outdoor function and meeting space. Hilton full service amenities feature an outdoor swimming pool and whirlpool, spacious courtyards, fitness center, three meal restaurant, lobby lounge and business center. Arden will be investing an additional $7 million in the hotel to renovate the guest rooms, public space and upgrades to t...
