$40 mil Renovation of The Ritz-Carlton, Laguna Niguel Completed
ATLANTA, GA, June 19, 2006. The John Hardy Group (JHG) announced the completion of the $40 million renovation of the AAA Five Diamond Ritz-Carlton, Laguna, Niguel Resort, which has catered to the world's most discriminating guests for more than 21 years. JHG provided Owner's Representation, Project Management and Project Accounting Services.
The $40 million dollar renovation involved the hotel's grand entrance area;393 guestrooms, including 30 suites and 38 Ritz-Carlton Club Level rooms; Restaurant 162'; 19 meeting rooms, which total 22,724 square feet of conference and banquet space, the spa's 11 treatment rooms and one of the biggest changes at the property may have come about with the creation of a two-level fitness center that is perched atop a 150-foot bluff that overlooks the Pacific Ocean.
"We are extremely pleased with the results of this extensive renovation and believe our client, Strategic Hotel Capital, LLC has accomplished its goal in remaining ranked among the best resorts in the world," says John R. Hardy, president and CEO of The John Hardy Group, located in Atlanta, Georgia.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
