Illinois-based hotel development and management company NexGen Hotels has acquired The Cole Hotel in Palm Springs, California, US.
Financial details of the transaction remain undisclosed.
Go deeper with GlobalData
The boutique hotel will now be managed by the Genuine Hospitality Group from St Louis, Missouri.
The Cole Hotel has 30 rooms, each designed in the Palm Springs style and offering views of the Palm Springs Aerial Tramway and the San Jacinto Mountains.
These rooms offer amenities such as Nespresso coffee machines, Victrola Bluetooth stereos, 4K smart televisions with streaming capabilities, and complimentary Wi-Fi, among others.
The hotel’s on-site bistro Freddie’s Kitchen offers French-California cuisine infused with global flavours.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe adult-only hotel provides a range of other facilities, including an outdoor swimming pool, lounge areas, an outdoor courtyard with a fire pit, and an outdoor bar.
Additionally, its location offers easy access to local attractions such as the North Lykken Trail, the Antique Galleries of Palm Springs, Indian Canyons, and more.
NexGen Hotels president Chris Patel said: “We are delighted to add The Cole Hotel into our growing portfolio and to expand our footprint into the California market. This one-of-a-kind property offers guests a unique experience when travelling to Palm Springs.”
This acquisition follows NexGen Hotels’ purchase of Hotel Versey in Chicago, Illinois.
The 137-room boutique hotel will also be managed by the Genuine Hospitality Group.
