Jones Lang LaSalle Hotels to Market Three Luxury Hotels

Jones Lang LaSalle Hotels to Market Three Luxury Hotels

The 538-room, Fairmont Orchid Hawaii is located on the sought after, high barriers-to-entry Kohala Coast. The 32.6 acre oceanfront resort features 106,000 square feet of indoor and outdoor meeting space, five restaurants and four lounges, and a luxury spa and 1,700 square foot fitness center and is being offered fee simple.

Situated on Nob Hill, The Stanford Court, a Renaissance Hotel is an eight-story historic property featuring 393 guest rooms, on long-term ground lease. The Hotel recently underwent a $32 million guestroom, and public and meeting space renovation, and features 11,000 square feet of meeting space, two food and beverage outlets, and a fitness center.

The newly constructed, five-star Four Seasons Vail is situated in the Rocky Mountains of Vail, Colorado. The 10-story, 121-room property features three food and beverage outlets, more than 8,000 square feet of meeting space, a 14,000 square foot destination spa, and 2,400 total potential square feet of retail space.  In addition, the Resort contains 16 Four Seasons-branded whole ownership condominiums, plus 19 branded fractional units that are being offered in 1/12th fractional interests (228 total interests, of which 201 remain available).

“With the rebounding economy and the lack of new supply in these high barrier-to-entry markets, all three of these trophy assets are poised for extremely strong performance over the next several years and will command significant attention in the marketplace,” said Arthur Adler, managing director and CEO-Americas, Jones Lang LaSalle Hotels. “Furthermore, the market for condominiums and fractional product in unique locations has improved dramatically, which offers investors with the opportunity to recognize shorter term capital appreciation through the sale of Four Seasons-branded residential units in Vail.”