Kittridge Hotels & Resorts ("KHR") is real estate investment company focused on the acquisition, asset management and development of hotels and commercial real estate assets on the West Coast of the United States, with a specific focus on Southern California. KHR principals have a 13 year track record of successful hotel investment and residential development in Palm Springs, CA, and the firm understands the Palm Springs hospitality market as well as any real estate player in the marketplace. The managing principal of KHR, Andy Carpiac, has been involved as a partner in over $600 million of real estate transactions, including the well-timed exit of a 3.6 million square foot portfolio of Southern California commercial real estate that concluded its last sale in 2005, in advance of the most recent real estate market crash.
KHR has a successful track record of managing and renovating hotels in Palm Springs and deeply understands the nuances of the Palm Springs market. A subsidiary of KHR has been managing the subject property since February 2012, and was in charge of the renovation and rebranding of the hotel to the Hard Rock Hotel Palm Springs which opened in October 2013. The KHR team has a broad and deep network in Palm Springs and the Coachella Valley among community leaders, business owners, real estate professionals and the various government agencies. KHR's track record and deep relationship network provides the Hard Rock Hotel Palm Springs with a competitive advantage over other hotel management and ownership groups.
Property Level Operating Team
The quality of the onsite hotel management team can make a tremendous difference in the short and long term results of a property. The hotel management team at the Hard Rock Hotel Palm Springs is strong and should serve as a competitive advantage. The team is led by Hector Moreno, an industry veteran with over 30 years of experience in the industry, including at the Hard Rock Hotel Las Vegas.
Address: | 150 South Indian Canyon Drive, Palm Springs CA 92262 |
Year Built / Renovated: | 1985 / 2013 (comprehensive renovation and rebranding) |
Number of Rooms: | 163 |
Net Rentable Area: | 160,000 square feet (approximate) |
Number of Stories: | 3 |
Parking: | 330 parking spaces (2-level underground structure) |
Major Amenities: | Ballroom and meeting facilities Restaurant Fitness center Outdoor swimming pool and courtyard |
Hard Rock Hotel Palm Springs ("HRHPS") is a newly renovated, four star resort hotel located in the heart of downtown Palm Springs. HRHPS was opened in October 2013 and has quickly become one of the top entertainment and nightlife destination in Palm Springs for both tourists and locals. The property includes oversized rooms - on average 450 square feet, all with private patios - and also an expansive 25,000+ square feet meeting and event space, stunning new lobby and common area designs, and new courtyard pool. Hard Rock Hotel Palm Springs has quickly become one of the premier hotels in Palm Springs and is on track to become one of the top entertainment destinations in Southern California.
The Hard Rock brand is an internationally recognized music and entertainment brand with over 175 retail locations in 55 countries (hotels, casinos, restaurants, and live music venues). From the US, to Europe, to Asia, and beyond, the Hard Rock brand conveys a music-inspired experience. Hard Rock Hotel Palm Springs is currently owned by Kittridge Hotels & Resorts and has a licensing agreement with Hard Rock Hotel Licensing, Inc. (“HRHL”) for use of the brand and franchisor support of the business. The hotel pays a licensing fee to HRHL and the hotel is managed by Palm Springs Hospitality, LLC, with Hector Moreno, a highly accomplished 25+ year hotel industry veteran, serving as General Manager of the hotel and Vice President of Palm Springs Hospitality, LLC.
Hard Rock Hotel Palm Springs is a multi-faceted hotel that has a unique competitive advantage in attracting both the leisure traveler segment and the corporate group segment in Palm Springs. As a music entertainment destination resort, the hotel has experienced positive signs of strong early demand from leisure travelers in the trendy Palm Springs resort market. With over 25,000 square feet of newly renovated meeting and event space, the hotel has been winning group business at a strong pace and has recently hired new sales staff to keep up with the incoming requests for group events. By positioning itself as the premier location for leisure travelers and corporate/banquet groups, the hotel is able to provide a comprehensive experience for both sets of travelers. With a desirable leisure traveler demographic alongside creative, young companies in the meeting room areas of the hotel, the property has a fun atmosphere with a great vibe throughout the day and into the evening.
The hotel is the third closest sizeable hotel to the convention center and is able to benefit from most city-wide convention center events, including hosting break-out group meetings in the hotel’s meeting spaces and ballrooms. In addition, music lovers in Southern California that have previously vacationed down-valley in La Quinta and Palm Desert are now coming to HRHPS for the music-driven experience. They are experiencing Palm Springs for the first time in many years and are drawn to the appeal of the post-renaissance Palm Springs destination.
The local population of Palm Springs, the Coachella Valley and the Eastern Inland Empire has embraced their local Hard Rock Hotel. The Hard Rock Hotel pool and the lobby bar/lounge have become one of the top hot spots in Palm Springs for pool activity and nightlife entertainment among locals and tourists (including the tourists staying at other hotels). “Let’s grab a drink or a bite at the Hard Rock” is the new "thing to do" among both tourists and locals in Palm Springs. The pool and courtyard are newly renovated and are located in the center of the hotel, with half the hotel rooms facing the pool, creating an inclusive, socially oriented pool that feeds off the energy of the guests. The poolside rooms on the first floor have oversized patios that open to the pool deck and command premium prices. The hotel’s acclaimed restaurant, Sessions, sits poolside and has a striking and impressive design and has been receiving positive early reviews for food quality and its creative dishes.
Facility Overview
The property is approximately 160,000 square feet, which is considered large for a 163-room hotel. The rooms average approximately 450 square feet (a very large standard room size), with a few different room configurations.
1 King Bed | 2 Queen Bed | 1 Queen Bed | Harmony | Total Rooms | |
---|---|---|---|---|---|
1st Floor | 21 | 21 | 0 | 3 | 45 |
2nd Floor | 22 | 34 | 2 | 0 | 58 |
3rd Floor | 25 | 35 | 0 | 0 | 62 |
Total Hotel | 68 | 92 | 2 | 3 | 163 |
1 King Bed | 2 Queen Bed | 1 Queen Bed | Harmony | Total Rooms | |
---|---|---|---|---|---|
East Wing | 32 | 39 | 0 | 2 | 73 |
North Wing | 36 | 57 | 2 | 1 | 92 |
Total Hotel | 68 | 92 | 2 | 3 | 163 |
The remainder of the square footage is attributable to oversized common areas which include long list of amenities:
- Rock Spa (spa)
- Body Rock (gym)
- Rock Shop (gift shop)
- Lobby Bar
- Sessions Restaurant
- Sessions Bar
- Hard Rock Pool bar
- Rock Star Suite (VIP+)
- Nightclub/lounge space (potential future build-out)
- Signature restaurant space (potential future build-out)
- Grand Ballroom
- Eight separate meeting rooms
- Kids Club
- In-house laundry facility
- Spacious executive offices
- Employee cafeteria and locker rooms
- Engineering workshop
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