The Fashion Island Hotel will transform into Pendry Newport Beach in 2023
Montage International and Eagle Four Partners have announced plans for Pendry Newport Beach, a transformation of the former iconic Fashion Island hotel.
Located just steps from Fashion Island, one of Orange County’s top shopping destinations, Pendry Newport Beach will debut as the brand’s third property in Southern California, following the opening of Pendry San Diego and, more recently, Pendry West Hollywood, marking a new milestone in the brand’s history. rapidly expanding.
Pendry Newport Beach will bring the brand’s iconic perspective on new luxury to Newport Beach when it opens in summer 2023.
“As local owners, we are thrilled to be the new stewards of the former Fashion Island Hotel in the heart of Newport Beach. We are committed to continuously investing in Newport Beach and improving the hotel experience for our neighbors and of our guests,” said Kevin Martin of Eagle Four Partners, whose other properties in the local asset portfolio include VEA Newport Beach (formerly Newport Beach Marriott), Balboa Bay Resort & Club, and Newport Beach Country Club.
“We’ve seen incredible growth with Pendry over the past year, opening hotels coast-to-coast in some of America’s fastest growing destinations,” said Alan J. Fuerstman, Founder, President and CEO of International assembly. “We now have an irreplaceable location for Pendry Newport Beach, and an opportunity to bring the Pendry experience home to Orange County, where the Montage and Pendry brands were born,” Fuerstman said.
“We are grateful to The Irvine Company for entrusting us with this responsibility and for sharing our vision as we partner with Montage International to create something extraordinary,” said Kory Kramer of Eagle Four Partners.
Pendry Newport Beach Details
Pendry Newport Beach will feature approximately 295 rooms, including 82 suites, each with floor-to-ceiling windows that open to private balconies or patios with ocean, harbor and bay views.
The hotel will offer three unique lounge, restaurant and bar experiences, including a pool, sundeck and cabanas, in addition to a private membership club focused on building community, offering experiences on measuring and connecting a diverse group of people from different backgrounds and industries.
Pendry Newport Beach will feature over 14,000 square feet of meeting and event space, including an 8,710 square foot ballroom. The hotel will also offer fitness and wellness experiences, including a fitness center, Spa Pendry, featuring eight treatment rooms and a comprehensive health, beauty, wellness and wellness program. relaxation.
The interior design of the hotel will be done by Studio Munge; the architecture of WATG and the landscape architecture of Burton Studio.
“It is an absolute pleasure and honor to bring our vision of Pendry and new luxury to Newport Beach, the place we call home,” said Michael Fuerstman, Co-Founder and Chief Creative Officer, Pendry Hotels & Resorts. “Pendry Newport Beach will be a sophisticated, modern and artsy luxury hotel for guests and locals alike, with an elevated dining scene, nightlife, wellness and social scene, and an entirely quirky and unique social community in its kind. membership club. We look forward to creating a distinct destination within Newport Beach.
For more information, please visit http://www.pendry.com.
About Pendry Hotels & Resorts
Pendry Hotels & Resorts is a new luxury hotel brand from Montage International. Pendry combines inspired design with a celebration of culture and authentic service suited to today’s cultured world traveler. Founders Alan J. Fuerstman and Michael Fuerstman’s seasoned experience in the hospitality industry serves as the foundation for the brand. Each property is injected with a unique perspective on contemporary style and emphasizes the arts and local community in the city it inhabits.
The hotel portfolio includes Pendry San Diego, Sagamore Pendry Baltimore, Pendry West Hollywood, Pendry Chicago, Pendry Manhattan West and Pendry Park City. Opening in 2022 Pendry Washington DC – The Wharf. Opening in 2023 is Pendry Natirar and Pendry Cincinnati and opening in 2024 is Pendry Tampa. Pendry Hotels & Resorts is a member of Preferred Hotels & Resorts. For more information on Pendry Hotels & Resorts, visit http://www.pendry.com.
About Eagle Four Partners, LLC
Eagle Four Partners is a Newport Beach-based private equity group specializing in strategic residential investments in hospitality, golf and lifestyle. Founded in 1996, Eagle Four has participated as a lead equity investor in more than $2 billion in real estate transactions, most recently including the acquisition of the Newport Beach Marriott which debuted after a major repositioning this spring as VEA Newport Beach transformed.
Eagle Four’s current asset portfolio includes other notable Newport Beach assets including the Balboa Bay Resort & Club and Newport Beach Country Club, the Pasea Hotel & Spa in Huntington Beach as well as the recently built Sheraton Denver Downtown Hotel. renovated, in partnership with Lyon Living on Reno Experience District (RED) and other independent and branded hotels in California, Arizona and Hawaii.
Eagle Four’s expertise includes building strategic partnerships, sound asset management, aggressive asset management and creative deal structuring, all with the goal of generating substantial value. For more information, visit http://www.eaglefourpartners.com.