HOSPITALITY & RESORTS

HOSPITALITY & RESORTS

Makar has extensive experience with the development, management and investment in all types of hotel and resort properties. Whether the assets are small boutique hotels, 5-star 5-diamond mixed-use resorts or large convention hotels, Makar has provided the full spectrum of hotel and resort services including acquiring and sourcing deals, entitling, designing, developing and renovating hotels, providing asset management services as well as financing, recapitalizing and disposing of assets.

Goodland

Goleta / Santa Barbara, California

Makar acquired and implemented a full renovation / reposition strategy into a Kimpton brand property.

The property will become a year-round coastal getaway with access to all of the activities surrounding the Santa Barbara area as well as cater to corporate and leisure travelers. Further, the property is situated in close proximity to the Santa Barbara Airport, the University of California Santa Barbara, the local business district as well as the pristine beaches of Santa Barbara. All of which provide for a customer base beyond that of tourism.

Visit Website: www.thegoodland.com

Lone Mountain Ranch

Big Sky, Montana

Makar acquired and is currently in the process of renovating and repositioning the experiential boutique resort under Makar Hotels & Resorts.

The property consists of a 30-room operating ranch spread over approximately 148 acres, with access to miles of hiking, skiing, fishing and horseback riding trails. Originally homesteaded in 1915, the resort is listed on the National Register of Historic Places. Lone Mountain Ranch is located near the gateway to Yellowstone National Park in the heart of Big Sky, Montana, one of the most scenic and naturally beautiful mountain areas in the country. With an estimated 3.5 million annual visitors, Yellowstone is the largest tourist attraction for the state of Montana. Lone Mountain Ranch was previously voted as the #1 Nordic Ski Resort in North America by Cross Country Skier Magazine and is an Orvis-Endorsed Fly Fishing Lodge (Lodge of the Year winner). Visit Website: www.lonemountainranch.com

Korakia Pensione

Palm Springs, California

Makar acquired, implemented a renovation/reposition plan and manages the property under its management company, Makar Hotels & Resorts.

Located at the base of the San Jacinto Mountains, in the heart of the desert and with immediate proximity to Downtown Palm Springs, Korakia offers a unique and seductive retreat from day to day reality. Comprised of a 1918 adobe, a 1924 bungalow and a 1930 villa, the property blends the charm of Mediterranean luxury with Moroccan accents. The property is within walking distance to the finest shopping, restaurants and entertainment in Palm Springs, just ten minutes from the Palm Springs International Airport and two hour drive from Los Angeles, Orange County and San Diego.

Visit Website: www.korakia.com

Anaheim Hilton

Anaheim, California

Makar acquired, completed a full renovation of the entire Anaheim Hilton Hotel and performs all asset management functions.

As the largest hotel in Orange County by room count, the 1,572 room Anaheim Hilton Hotel is widely recognized as Anaheim's premier convention and resort facility. From rich contemporary guest rooms to smarter meeting and event areas, the cosmopolitan vibe, refreshed décor and re-energized atmosphere enhance the many features the hotel currently offers its guests. With over 100,000 square feet of meeting space, the hotel features twin ballrooms, 51 individual meeting rooms and a state of the art fitness facility. The hotel is next door to the Anaheim Convention Center, is situated in close proximity to local attractions and is close to four major airports.

Visit Website: www.hiltonanaheim.com

St. Regis Monarch Beach Resort

Dana Point, California

Makar designed, developed and opened the St. Regis Monarch Beach Resort.

Makar also re-designed, re-developed and re-opened the 18 hole championship golf course as well as the beach and dining club, the Monarch Bay Club.

The landmark, 172 acre development overlooks the Pacific Ocean featuring 400 guest rooms, 30,000 square feet of indoor meeting space, 60,000 square feet of outdoor meeting space and a 30,000 square foot spa.

Ritz Plaza Hotel & Residences

South Miami Beach, Florida

Makar acquired and entitled plans for the restoration/renovation of the property.

The beachfront hotel is located in the exclusive, South Beach, Art Deco district of Miami within a strong base of demand generators and is in close proximity to the Miami International Airport.