SAN DIEGO — Pebblebrook Hotel Trust and Margaritaville Holdings have announced their plan to open Margaritaville’s first U.S. West Coast resort, in San Diego.
Slated to open in 2020, the Margaritaville Island Resort San Diego will feature 462 casita-style single-story guest rooms with waterfront views overlooking the marina and Mission Bay.
The property will take over from Paradise Point Resort & Spa, just 10 minutes from downtown San Diego, on the 44-acre Vacation Island in Mission Bay.
Davidson Hotels & Resorts, the resort’s current management company, will continue to operate the property following the completion of the renovation and rebranding.
The conversion and renovation of the existing property is estimated at approximately US$35 million and will feature the signature Margaritaville food & beverage concepts in addition to new recreational activities and family-friendly amenities.
“Following an extensive evaluation of numerous alternatives, we selected Margaritaville because we believe it is the perfect fit for our San Diego Paradise Point Resort & Spa,” said Jon E. Bortz, President and Chief Executive Officer of Pebblebrook Hotel Trust. “The Margaritaville lifestyle brand is synonymous with fun and escapism, as is our property, and we expect a dramatic improvement in financial performance of Paradise Point upon reflagging, consistent with other Margaritaville branded resorts. This marks Margaritaville’s first west coast property, which will allow our resort to target the loyal west coast followers of the growing globally recognized Margaritaville brand.”
Adding to the 80,000 square feet of meeting space, marina, spa, tennis courts, and fitness centre, the update of the five pools and public spaces will reflect Margaritaville’s ‘no worries’ lifestyle.
“We look forward to sharing our way of life with visitors to this unique island paradise in San Diego,” said John Cohlan, Chief Executive Officer of Margaritaville.