Four Seasons Resort Aviara ....Taken over by Dolce Hotels and Resorts

[ArtsieAng Super Moderator Find all posts View Profile Close ArtsieAng]

San Diego Luxury Resort Welcomes New Management; Four Seasons Terminated Amid Claims of Financial Mismanagement

Dolce has recently taken over Marriott Seaview Resort and Spa, as well.....

Management change coming soon at Seaview

Hotel Management Companies: Dolce Hotels and Resorts Conference Centers corporate training hospitality marketing meetings facility facilities events venues planning

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

Nothing should change for the Fairway Villas owners- since the only thing affected was the hotel management. Worst case may involve some later renegotiations for shared amenities, but I wouldn't expect anything major.

The Aviara is more interesting. The legal fight and resulting bad blood could splash over onto the timeshare owners and make for a little temporary discomfort. Next time I speak with Mario I'll ask for his take on this.

Strange- I heard rumors about the Marriott- but the Four Seasons news took me by surprise. Guess I'm not close enough to that action. Thanks, Ang!

If you are a management company for Dolce- I'm guessing you are watching your inbox carefully over the next quarter!

[4ARedOctober Super Moderator Find all posts View Profile Close 4ARedOctober]

I also see this....looks like a fight.


Press Release Source: Four Seasons Hotels and Resorts

Four Seasons to Remain as Manager of Four Seasons Resort Aviara
On Saturday May 9, 2009, 1:13 am EDT

TORONTO, ONTARIO--(MARKET WIRE)--May 9, 2009 -- Four Seasons announced today that it has no intention to voluntarily relinquish its role as manager of Four Seasons Resort Aviara in Carlsbad CA. Four Seasons has managed the Resort since 1997.

Very recently, a dispute arose with regard to the 2009 operating budget for the Resort and the Owner's obligation to provide working capital necessary to fund debt service. That dispute is currently the subject of an arbitration proceeding, which Four Seasons fully respects and will abide by. Four Seasons has fulfilled all of its obligations under the relevant management agreements. Four Seasons intends to vigorously defend its rights in the arbitration process currently underway.

Four Seasons will also seek substantial damages from the Owner (which is beneficially owned Broadreach Capital Partners and asset-managed by Maritz, Wolff & Co.) and its counsel for their conduct in damaging the operation and reputation of the Resort and of Four Seasons.

Four Seasons Resort Aviara has been managed by Four Seasons Hotels and Resorts since 1997. In that time, the Resort has garnered numerous awards and accolades, consistently performing as best in class in the market. Recognition received while under Four Seasons management include being named to Forbes Traveler's list of World's Top 400 Hotels; being named as a AAA Five-Diamond Award for eight years running; listed as one of ZAGAT's Top 50 U.S. Resorts for 2008; and being listed on Conde Nast Traveler's, "Gold List" from 1999-2009.

Contact:
Contacts:
Four Seasons Hotels and Resorts
Elizabeth Pizzinato
1-416-441-4335
epizzinato@fourseasons.com
Four Seasons Hotels and Resorts Web Site

Four Seasons to Remain as Manager of Four Seasons Resort Aviara - Yahoo! Finance

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

New article about this..

Angst at Aviara

Here is a new article on this which mentions Mario Collura at TriWest.

[farscape Member Find all posts View Profile Close farscape]

Any first hand experiences with any noticeable changes?