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So Cal Ritz-Carlton Sold for $330M

Filed under: Luxury Travel & Hotels

The Ritz Carlton Laguna Nigel on the Southern California coast has just been sold for $330 million, or approximately $840,000 per room. This makes it the second most expensive hotel sale in terns of price per room, only surpassed by the sale of the Hotel del Coronado in San Diego, which had a price tag of $1 million per room.

The 22 year old hotel has 393 rooms, including 38 suites, and was acquired by Strategic Hotels, who is hoping to increase their presence in the luxury hotel market in California. Strategic feels that not only is the beachfront property worth its high price, but that it is sure to increase in value over the next two decades given that space on the coast is both desirable and difficult to obtain. The hotel, prior to the sale, underwent a $40 million renovation that revamped the interior and improved their spa and fitness offerings.  Rooms start at $400 a night and ocean-front suites are available for more than $2,000 per night. They also offer a $750 per night Mercedes-Benz package, which includes the use of a car.

Coto de Caza, Estate of the Day

Filed under: Estates

Tonight is the season finale - possibly the series finale - of Bravo's The Real Housewives of Orange County, a show set in the heart of Orange County, California, in a development called Coto de Caza. Since the show is ending, it's only fitting that our estate of the day is from the area. Coto de Caza is a large development with approximately 4,200 homes. It has a private golf club, with a course that has been rated one of the best in the country, a tennis club, an equestrian center and a nearly 500 acre wildlife park.  Homes start around $500,000 and go up to multi-million dollar estates. This Tudor-style equestrian estate is one of the multi-million dollar homes.

 

 

Modern Spirits Sipping Vodkas

To help answer Deidre's question about not-yet-tried vodka flavors, Modern Spirits makes flavored "sipping vodkas" that are designed to win over even those who are not fans of straight spirits. Their products come in eight flavors, which include Black Truffle, Candied Ginger, Celery Peppercorn, Chocolate Orange and Tea. Celery Peppercorn is described as "the ultimate power drink," while the Black Truffle has scents of port, rich soil, pineapple and chocolate.

The vodkas are available online, as well as in select bars and restaurants in Southern California and Las Vegas. Available in both 375mL and 750mL, most bottles are priced at $24.99 for the smaller bottles and $37.99 for the larger, though the Black Truffle vodka retails at $29.99 and $49.99.

Pala Casino Resort

Filed under: Luxury Travel & Hotels, Spas

It's a theory of mine that eventually much of the California desert will be home to Vegas-style casinos. One of the resorts that has already popped up is Pala. Pala is a large casino resort complex located in northern San Diego County, 15 miles north of Escondido. The resort includes a casino, six restaurants, an events center, an outdoor theater and a 10,000 square foot spa with 14 treatment rooms. There are 18 Grand suites of which are 1,039 sq. ft. each and offer a Jacuzzi tub, two-person shower, two televisions, two desks and six telephones. There are special packages available including the Fairway Package which starts at $327 for a one night stay and includes a golf gift, one round of golf or 50 minute Pala Spa treatment per person and one breakfast at the Pala Cafe per person.

[via About.com]

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