Hotel del Coronado also called The Del and Hotel Del, is a historic beachfront hotel in the city of Coronado, just across the San Diego Bay from San Diego, California, United States.
The hotel is one of the few surviving examples of an American architectural genre: the wooden Victorian beach resort. It is also the second largest wooden structure in the U.S. (after the Tillamook Air Museum in Oregon) and was designated a California Historical Landmark in 1970 and a National Historic Landmark in 1977.
When The Del opened in 1888, it was the single largest resort hotel in the world. It has hosted royalty, presidents, and celebrities through the years, and has been featured in numerous films and books. The hotel has received a Four Diamond rating from the American Automobile Association.
Who Owns Hotel del Coronado?
Hotel del Coronado is owned by Blackstone Inc., an American alternative investment management company located in New York City.
Its private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. The company is also active in infrastructure, credit, hedge fund solutions, insurance solutions, secondaries and growth equity.
Blackstone Inc. was founded in 1985 as a mergers and acquisitions firm by Stephen A. Schwarzman and Peter G. Peterson who had previously worked together at Lehman Brothers.