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A May 11, 1911 edition of the Los Angeles Times announced the news that a "huge Mission-style hotel" was to be built by Anderson, with the motto that "her guests were entitled to the best of everything regardless of cost". [9] The Beverly Hills Hotel under construction in 1912. The hotel opened May 12, 1912, before the city's existence.
[2] [3] The hotel was branded as Hernando Courtright's Beverly Wilshire Hotel. Courtright added a new tower wing in 1971, doubling the size of the hotel. [4] Hong Kong-based Regent International Hotels bought the 395-room luxury hotel in 1985 for $125 million, and renovated it at a further cost of $100 million, renaming it The Regent Beverly ...
The hotel was sold for an estimated $12 million in 1993 to New York investment group La Hotel Properties Inc., and then acquired by Paris-based Immobiliere Hoteliers and Los Angeles-based Colony Capital in 1994. [10] [11] The property was then closed for four years for extensive redesigns and renovations totaling $65 million.
The hotel is located in the centre of Beverly Hills, near public amenities such as Beverly Gardens Park, Westfield Century City and the Los Angeles Country Club. The nearby shopping street Rodeo Drive is located within a five-minute distance. [3] The hotel is about a 35-minute drive from Los Angeles' main airport, LAX. [4]
The Beverly Hilton will be renovated into a smaller, 402-room hotel, renamed the Beverly Hilton Oasis. [23] A 120-room Waldorf-Astoria Beverly Hills hotel, designed by Gensler with interiors by Pierre-Yves Rochon, will be included in the project. [24] The Waldorf-Astoria Beverly Hills was the first new hotel for the brand on the West Coast.
The deal was worth $190 million, which was the highest per-room price for a hotel in the United States that year. [2] Montage Laguna Beach was opened in 2003 and became the first hotel to bear the Montage brand. [3] In March 2005, Montage won a municipal election that allowed them to build a new luxury hotel in the heart of Beverly Hills. [4]