The Indian Wells Resort Hotel is a luxurious hotel located in the heart of California’s Coachella Valley. The hotel has been a favorite destination for both tourists and locals alike, thanks to its picturesque location and top-notch amenities.
But have you ever wondered who owns this magnificent resort? Let’s dive into the details and find out.
The History of Indian Wells Resort Hotel
Before we delve into the ownership details, let’s take a quick look at the history of this iconic hotel. The Indian Wells Resort Hotel was built in 1957 by Lucius Beebe, an author, and journalist. The hotel quickly became a favorite among Hollywood celebrities and socialites, who would visit the hotel for their weekend getaways.
Over the years, the hotel changed hands several times and underwent several renovations to keep up with changing times. In 2007, the hotel underwent a massive $35 million renovation to restore it to its former glory.
The Current Owners of Indian Wells Resort Hotel
The current owners of Indian Wells Resort Hotel are Oasis West Realty LLC, a real estate investment company based in Los Angeles. Oasis West Realty LLC acquired the property in 2011 from Lowe Enterprises, a real estate development company that had purchased it in 2006.
Oasis West Realty LLC is owned by John Pritzker, who is an American billionaire businessman and investor. He is also known for his philanthropic works and has donated millions of dollars to various charities over the years.
John Pritzker: A Brief Background
John Pritzker was born on February 18th, 1953 in Chicago, Illinois. He is the son of Jay Pritzker, who founded Hyatt Hotels Corporation – one of the largest hospitality companies in the world. John Pritzker followed his father’s footsteps and worked his way up in Hyatt Hotels Corporation before eventually leaving the company to start his own venture.
Apart from owning Indian Wells Resort Hotel, John Pritzker also owns several other hotels and resorts across the United States. He is also the founder and chairman of Geolo Capital, a private equity firm that invests in various sectors including hospitality, real estate, and entertainment.
The Future of Indian Wells Resort Hotel
Under the ownership of Oasis West Realty LLC, Indian Wells Resort Hotel has undergone several improvements to keep up with changing times. The hotel now boasts modern amenities like a spa, fitness center, and an outdoor pool.
The future of Indian Wells Resort Hotel looks bright under the leadership of John Pritzker and Oasis West Realty LLC. With their vast experience in the hospitality industry, we can expect more improvements and innovations that will make this hotel a top destination for travelers worldwide.
Conclusion
Indian Wells Resort Hotel is an iconic hotel that has stood the test of time. Its ownership may have changed hands over the years, but its legacy remains intact. Today, under the ownership of Oasis West Realty LLC and John Pritzker, Indian Wells Resort Hotel continues to be a top destination for travelers looking for a luxurious getaway in California’s Coachella Valley.