Oxygen Hospitality to Launch Multi-Million-Dollar Renovation and Rebranding Ivy Palm Resort in Downtown Palm Springs, California

USA, Palm Springs, California. April 01, 2019

Ivy Palm Resort today unveiled plans for a transformational two-phase renovation updating guest rooms, lobby, outdoor pool area and restaurant into a modern, upscale hotel inspired by the resort's heritage in downtown Palm Springs.

The renovation follows the change in hotel ownership, sold in May 2018 to owner-operator hospitality management company, Oxygen Hospitality. In addition to physical asset renovations, Oxygen Hospitality, which owns and operates a portfolio of branded and independent hotels, will rebrand the Ivy Palm Resort with a new hotel name, identity and amenities.

Phase One of the renovation -- set to begin June 2019 with an anticipated fall 2019 completion -- will tackle all 100 guest rooms and suites, two outdoor pools and public spaces, redesign of the main entrance and outside bar. Phase Two of the renovation, targeted for completion in 2020, will bring a new restaurant concept and additional rooms. The hotel will remain open during renovations and sectioned off to minimize disruption to guests at the property.

"The Ivy Palm Resort is a jewel property in the beautiful desert of Palm Springs," said Yaron Ashkenazi, chief executive officer of Oxygen Hospitality. "Our new vision for this hotel - inside and outside - embraces the city's rich local history of its people, architecture and design. Once repositioning is completed, the hotel will have a new name, a new look, instill the warmth of American hospitality and celebrate local influences for a first-class guest experience."

The hotels' redesign is inspired by this iconic city's reputation for some of the country's best mid-twentieth century modernism architecture. Modernism arrived in the 1930s, when actor Gary Cooper commissioned a home in Palm Springs and other actors followed suit. This history inspires the hotel's inviting redesign, which includes angular, artistic with colorful motif for the outside pool area ranging from royal blues, white and yellow. Guest room design offers a palette of clean, neutral white and cream colors -- paired with shades of aqua and complemented with sleek, rich modern wood furnishings for a desert climate. Complete guest room renovation includes bathroom remodel, all-new furnishings, beds, window treatments, artwork and technology.

Built in 1982, the four building, two-story hotel sits on approx. three lush acres situated conveniently within steps of downtown for day and nightlife experiences and nearest to the widely popular Palm Springs Aerial Tramway. The property boasts one of the largest hotel pool areas in Palm Springs and spectacular mountain views.

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