Hotels & Resorts will assume management of San Diego’s Grand Del Mar after
California-based investment banker Richard Blum took a majority stake in the
The hotel, which was built in 2007
and was TripAdvisor’s top-rated luxury hotel in California last year, will be
renamed the Fairmont Grand Del Mar and will mark Fairmont’s entry into the San
The hotel has 249 rooms and a
21,000-square-foot spa as well as a Tom Fazio-designed golf course and 27,000
square feet of meeting space.
Blum led a group that acquired the
Claremont Hotel Club & Spa in Berkeley, Calif., last year. That 279-room
hotel, which opened in 1915, will also fly the Fairmont flag after a
multimillion-dollar renovation is completed.
Blum is the husband of Sen. Dianne