Located in Cabo San Lucas, Mexico, the Resort at Pedregal is one of the most luxurious and exclusive vacation destinations in the world. The resort features a variety of amenities, including a private beach, infinity pools, and breathtaking ocean views. But, the question on many people’s minds is – who actually owns this luxurious resort?
After conducting thorough research, it has been revealed that the Resort at Pedregal is owned by an American billionaire named Ty Warner. Warner is the founder of Ty Inc., the company behind the popular Beanie Babies toys.
Warner purchased the resort in 2009 for an estimated $152 million. At that time, it was known as CaPella Pedregal. After buying the property, Warner invested an additional $100 million to renovate and expand it into what it is today.
The resort now boasts 115 rooms and suites, each with its own private plunge pool. There are several restaurants on site serving up delicious cuisine from around the world, as well as a full-service spa offering a range of treatments.
One of the most unique features of the Resort at Pedregal is its location. The property sits on a cliff overlooking the Pacific Ocean and can only be accessed through a private tunnel carved through solid rock.
Despite its exclusivity and high-end amenities, the Resort at Pedregal has faced some challenges in recent years. In 2014, Hurricane Odile caused significant damage to the property and forced it to close for several months while repairs were made.
In addition to this natural disaster, there have also been legal battles over ownership of certain parts of the property. However, these issues have not detracted from its status as one of Cabo San Lucas’ premier vacation destinations.
In conclusion, while there have been some challenges along the way for Ty Warner’s ownership of The Resort at Pedregal in Cabo San Lucas Mexico. Today it stands tall among the top luxury resorts in the world, providing guests with an unforgettable experience in paradise.
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