Geolo Capital Sells Iconic Ventana Big Sur Resort for $148 Million
Geolo Capital, the private equity investment arm of the John Pritzker family office, and its joint-venture partner Wanxiang America Real Estate, recently announced the sale of the iconic Ventana Big Sur, an Alila Resort, to an affiliate of the Hyatt Hotels Corporation for $148 million.
- Geolo Capital, the private equity investment arm of the John Pritzker family office, and its joint-venture partner Wanxiang America Real Estate, recently announced the sale of the iconic Ventana Big Sur, an Alila Resort, to an affiliate of the Hyatt Hotels Corporation for $148 million.
- I am thrilled that Hyatt will be the steward of Ventana Big Surs next chapter.
- The sale marks Geolos successful roundtrip investment of the Ventana Big Sur resort, as well as its investment in the Alila brand - a company which Geolo acquired in 2014, attached to Ventana in 2017, and sold to Hyatt in 2018.
- We are respectful of Ventanas long history in Big Sur and its place in the pantheon of iconic resorts.