doral

Five Luxury Resorts File For Chapter 11

Five luxury resorts across the country have been placed into Chapter 11 by an investor group led by hedge fund Paulson & Co. The resorts were group of holdings formerly known as CNL Hotels & Resorts Inc. The five are the Arizona Biltmore Resort & Spa in Phoenix, Arizona; the Doral golf resort in Miami, Florida; La Quinta in Palm Springs, California; the Claremont in Berkeley, California; and the Grand Wailea Resort Hotel & Spa in Maui, Hawaii.

The Doral, shown at right, is famous for its golf course known as the Blue Monster and hosts an annual PGA Tour event. The Claremont Hotel Club & Spa has been around for nearly a century and was once a residential hotel, convention hall and concert venue for Louis Armstrong and others. Now it is a luxury resort in the hills outside of San Francisco with a 20,000-square-foot spa. La Quinta Resort & Club has 45-acres grounds, 41 pool and five world class championship golf courses.

It will be business as usual for all resorts involved. The five resorts and their affiliates listed assets of $2.2 billion and debts of $1.9 billion in court papers. Paulson is offering the properties a $30 million bankruptcy loan to keep going. Each of the resorts is managed by a third party operator.

Tags: chapter 11, chapter 11 bankruptcy, claremont resort, doral, la quinta

Be Surrounded By Golf At The Blue Resort

by Deidre Woollard (RSS feed) —

Filed under: Luxury Travel & Hotels

The Blue Resort in Miami is currently in the soft open phase. The 240-suite resort is located in the heart of Doral surrounded by palm-speckled greens, oaks and lakes. The Blue is surrounded by 144 holes of golf and each suite offers fairway views Suites have fully-equipped kitchens, private verandas and marble-tiled five-fixture bathrooms with rain shower and stand-alone Jacuzzi bathtub accompanied with a flat screen television. Amenities include plush terry robes, 42" flat panel high-definition LCD televisions, in-room coffee/teamakers, wireless internet access, sound systems with DVD players and iPOD docking stations. The resort will also include the 5300 Chop House restaurant, a poolside bar and grill and the Spa Azul. Now through Dec. 20, you can get a "Sneak-A-Peek" rate of $189 per night.

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Tags: doral, golf, miami, resort, the blue, TheBlue