If you’re planning a trip to Boca Raton, Florida, you might have heard of the Boca Raton Resort & Club. It’s a luxurious hotel and resort that sits on 356 acres of prime real estate in the heart of Boca Raton.
But who owns this prestigious property? Let’s take a closer look.
The History of the Boca Raton Resort & Club
Before we dive into who owns the resort today, let’s first explore its history. The original building that would become the Boca Raton Resort & Club was built in 1926 by architect Addison Mizner. It was known as the Ritz-Carlton Cloister Inn and was a popular destination for wealthy travelers.
Over the years, the property changed hands multiple times and underwent several expansions and renovations. Today, it’s one of the most well-known and luxurious resorts in Florida, offering guests access to private beaches, golf courses, spas, and more.
The Ownership of the Boca Raton Resort & Club
So, who currently owns this iconic property? In 2019, it was announced that MSD Partners had acquired the resort from Blackstone for an undisclosed sum. MSD Partners is an investment firm that manages money for Michael Dell (the founder of Dell Technologies) and his family.
While MSD Partners now owns the resort outright, they’ve brought in Hilton to manage it under their Waldorf Astoria brand. This means that guests can still enjoy all of the amenities and luxury that come with staying at a Waldorf Astoria property while also experiencing everything that makes the Boca Raton Resort & Club unique.
What Does This Mean for Guests?
If you’re planning on staying at the Boca Raton Resort & Club in the future, you can rest assured that it will continue to provide top-notch service and amenities under its new ownership. The fact that Hilton is managing the property means that guests can expect the same high standards that they would from any other Waldorf Astoria hotel.
That being said, it’s always important to do your research before booking a stay at any hotel or resort. While ownership changes can often be a good thing (bringing in fresh ideas and new investments), they can also sometimes lead to changes in management and service.
Conclusion
In summary, MSD Partners currently owns the Boca Raton Resort & Club, which is managed by Hilton under their Waldorf Astoria brand. While ownership changes can sometimes be concerning for guests, there’s no need to worry about this iconic property losing its charm or luxury under its new ownership.
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