The Ivy Hotel to Open in San Diego Fall 2006
Posh Playground, Adult Adventure Planned for the New Ivy Hotel; $75 Million Urban Upgrade of San Die
SAN DIEGO, CA, July 6, 2006. Kelly Capital announced a fall 2006 grand opening of The Ivy Hotel, a new luxury urban resort. The $75 million property will be managed by MTM Luxury Lodging, one of the nation's premier operators of independently minded four- and five-star lodging establishments, and will be a member of the Preferred Hotels & Resorts Worldwide collection, a global brand of independent luxury hotels and resorts known for exemplary standards and service.
Located adjacent to the Gaslamp Quarter at 6th Avenue and F Street, the cornerstone of The Ivy is a 159-room luxury hotel featuring 16 suites, two presidential suites and one signature suite boasting two levels with a spiral staircase leading to a private poolside cabana. Additional amenities include a 225-seat fine dining restaurant, a 17,000 square foot rooftop with a pool and entertainment venue, a four-level nightclub, and 10,000 square feet of flexible meeting and function space.
"We have assembled a dream team of development and hospitality professionals who have envisioned an indulgent, design-forward urban destination resort beyond compare locally," said Michael Kelly, Chairman and CEO of Kelly Capital. "The Ivy will occupy a unique niche in the high-end hotel market. We are creating an adult playground where the guest experience will be 100 percent focused on luxury, pleasure and decadent surprises."
Targeting the upper echelon of travelers and locals, The Ivy Hotel will offer a refreshing appeal and service levels unseen in San Diego. Incorporating a unique aesthetic and international sophistication, the vision for The Ivy Hotel combines New York style and chic, Las Vegas vibe and energy and L.A.'s casual elegance.
Further elevating the guest experience, The Ivy Hotel will join properties such as the Montage Resort & Spa, The Carneros Inn, the Inn at Spanish Bay in Pebble Beach and the Sanctuary on Camelback Mountain as a member of the Preferred Hotels & Resorts Worldwide collection.
"We are proud to welcome The Ivy Hotel to our family of best-of-class properties," said John Ueberroth, Chairman of the Board and CEO of Preferred Hotels and Resorts Worldwide. "The owners and management of The Ivy Hotel share our philosophy of top-shelf amenities and service while the resort promises a singular personality and charm. Guests are sure to enjoy a truly unforgettable experience."
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 
