Pacifica Hotels Acquires Residence Inn by Marriott Anaheim Hills Yorba Linda

USA, Orange County, California. February 05, 2019

Pacifica Hotels, the largest owner and operator of independent hotels on the Pacific Coast is expanding further into the global brand select service category with the acquisition of the Residence Inn by Marriott Anaheim Hills Yorba Linda, a joint venture with Santa Barbara Capital. This latest acquisition joins Pacifica's other branded assets including Courtyard by Marriott King Kamehameha Kona Beach Hotel, Hilton Garden Inn Kauai Wailua Bay, Hilton Garden Inn at Port St. Lucie and Springhill Suites by Marriott Paso Robles Atascadero.

The property is situated along the southern edge of California Highway 91, approximately 20 miles from John Wayne International Airport, which welcomes over 10 million travelers annually. The hotel's location serves as a gateway between the Anaheim metro area to the west and the Inland Empire to the east. In the epicenter of Orange County's entertainment venues, Residence Inn by Marriott Anaheim Hills Yorba Linda offers ideal accommodations for guests enjoying iconic attractions and institutions, including Disneyland, Big League Dreams Sports Park, Knott's Berry Farm, and the Anaheim Convention Center.

Residence Inn by Marriott Anaheim Hills Yorba Linda features 128 rooms and recently underwent a $3.5 million renovation, which consisted of a redesign of the lobby, breakfast room and event spaces. The hotel also now offers new spaces and amenities, including hot breakfast served daily, evening socials, an outdoor terrace with a firepit and a built-in grill, sport court, swimming pool, fitness center, and business center.

“As Marriott is one of the world's most recognizable hotel brands, Residence Inn by Marriott Anaheim Hills Yorba Linda will share not only the name but the impeccable hospitality standards that Marriott holds,” said Matt Kou, Vice President of Investments & Acquisitions. “We are thrilled that this new property is in close proximity to Pacifica Hotels' headquarters in Aliso Viejo and are ready to bring Pacifica's and Marriott's brands together to create a superlative guest experience.”

Chris Marquis, Executive Vice President of Investments & Acquisitions adds, “Due to where we are in the current market cycle, we believe this asset fits well within our strategic plan to add select service hotels with a strong location and brand affiliation to the Pacifica portfolio.”

With the addition of Residence Inn by Marriott Anaheim Hills Yorba Linda, Pacifica Hotels now owns or manages 40 properties in valuable California urban and coastal locations. Having closed 2018 with a total revenue of $220 million, Pacifica is proving to be a key player in the West Coast hospitality industry with a growing collection of unique, boutique and experiential brands.

Related News

Choose a Social Network!

The social network you are looking for is not available.

Close
Coming up in May 2019...

Eco-Friendly Practices: Corporate Social Responsibility

The hotel industry has undertaken a long-term effort to build more responsible and socially conscious businesses. What began with small efforts to reduce waste - such as paperless checkouts and refillable soap dispensers - has evolved into an international movement toward implementing sustainable development practices. In addition to establishing themselves as good corporate citizens, adopting eco-friendly practices is sound business for hotels. According to a recent report from Deloitte, 95% of business travelers believe the hotel industry should be undertaking “green” initiatives, and Millennials are twice as likely to support brands with strong management of environmental and social issues. Given these conclusions, hotels are continuing to innovate in the areas of environmental sustainability. For example, one leading hotel chain has designed special elevators that collect kinetic energy from the moving lift and in the process, they have reduced their energy consumption by 50%  over conventional elevators. Also, they installed an advanced air conditioning system which employs a magnetic mechanical system that makes them more energy efficient. Other hotels are installing Intelligent Building Systems which monitor and control temperatures in rooms, common areas and swimming pools, as well as ventilation and cold water systems. Some hotels are installing Electric Vehicle charging stations, planting rooftop gardens, implementing stringent recycling programs, and insisting on the use of biodegradable materials. Another trend is the creation of Green Teams within a hotel's operation that are tasked to implement earth-friendly practices and manage budgets for green projects. Some hotels have even gone so far as to curtail or eliminate room service, believing that keeping the kitchen open 24/7 isn't terribly sustainable. The May issue of the Hotel Business Review will document what some hotels are doing to integrate sustainable practices into their operations and how they are benefiting from them.