Silverado Resort and Spa is a luxurious destination nestled in the heart of Napa Valley, California. The resort boasts of world-class amenities, including two championship golf courses, a state-of-the-art spa, tennis courts, swimming pools, and numerous dining options. It’s no wonder why this resort is a favorite for both locals and tourists alike.
But who owns Silverado Resort and Spa? The ownership of the resort has changed hands several times over the years. Let’s take a closer look at the history of its ownership.
The Founding of Silverado Resort
Silverado Resort was founded in 1955 by Ben Swig, a prominent San Francisco hotelier. Swig had a vision of creating a world-class resort in the heart of Napa Valley that would offer luxurious amenities and unparalleled hospitality services.
Under Swig’s leadership, Silverado Resort quickly became one of the premier destinations in Napa Valley. It attracted high-profile guests such as President Dwight D. Eisenhower and Hollywood celebrities like Bob Hope.
The Sale to Robert Mondavi
In 1969, Robert Mondavi, the founder of Robert Mondavi Winery, purchased Silverado Resort from Ben Swig. Mondavi had a passion for wine and believed that Napa Valley had the potential to produce some of the best wines in the world.
Mondavi invested heavily in Silverado Resort during his ownership tenure. He added more rooms to the resort, built additional golf courses and tennis courts, and renovated the spa facilities.
The Acquisition by Wyndham Hotels & Resorts
In 1989, Wyndham Hotels & Resorts acquired Silverado Resort from Robert Mondavi. Wyndham is one of the largest hotel chains in the world with properties across all major continents.
Under Wyndham’s ownership, Silverado Resort continued to thrive as one of Napa Valley’s premier destinations. The company invested heavily in the resort’s infrastructure and expanded its marketing outreach to attract a global clientele.
The Purchase by Johnny Miller and Broadreach Capital Partners
In 2010, Silverado Resort was purchased by former professional golfer Johnny Miller and Broadreach Capital Partners, a private equity firm based in California. Miller had a long association with Silverado Resort as he had won the PGA Tour event hosted at the resort twice during his golfing career.
Miller and Broadreach Capital Partners invested substantially in the resort’s renovation and expansion projects. They added more rooms, upgraded the golf courses, and built new dining options to enhance guest experience.
The Current Ownership of Silverado Resort
In 2018, Silverado Resort was acquired by an affiliate of Johnny Miller’s company, JSI Trading LLC. JSI Trading LLC is a privately held company based in Utah that operates several businesses across diverse sectors.
Under JSI Trading LLC’s ownership, Silverado Resort has continued to flourish as one of Napa Valley’s premier destinations. The company has invested heavily in enhancing the resort’s sustainability practices while offering world-class amenities to guests.
In conclusion, Silverado Resort has changed ownership several times over its history. From Ben Swig to Robert Mondavi to Wyndham Hotels & Resorts to Johnny Miller and now JSI Trading LLC – each owner has contributed significantly to making Silverado Resort what it is today – a luxurious destination that offers unparalleled hospitality services amidst the stunning backdrop of Napa Valley.