Destination Hotels & Resorts began in 1972 with the development and management of condominium resorts. Since then, we have grown to become consistently ranked as one of the top ten hospitality management companies in the country (ranked by Hotel Business Magazine) with more than 7,100 employees, over 7,000 hotel rooms and condominium units, and more than $2.2 billion in assets under management. We are a wholly owned subsidiary of Los Angeles-based Lowe Enterprises, a privately-held, national real estate organization active in commercial and hospitality property investment, management, and development. Since its inception, Lowe has been responsible for more than $8.5 billion in assets nationwide.
Destination Hotels & Resorts is unique in the lodging industry in that our primary mission is to create value for guests, investors, and associates in each of our hotels and resorts. We do this by developing an innovative, customized business plan for each property we manage and combining it with the sales, marketing, and operating resources of a company many times our size. This lodging industry expertise, together with the real estate savvy of Lowe, has allowed us to bring an owner's perspective to the hotel management business.
Destination Hotels & Resorts is one of the industry's leaders in the management and marketing of high-quality independent properties, many of which we successfully converted from major brand affiliations.
Terranea Resort is the establishment of one of the finest oceanfront resorts ever created on the California coast is, in the case of Terranea, a combination of great vision, great skill, and great fortune. The Lowe Destination Development team, in conjunction with Destination Hotels & Resorts, has encountered an environment ideal for the enriching, restorative experience envisioned for Terranea. The crystalline ocean waters of the Pacific. The idyllic Southern California coastal microclimate. Stunning views of the California coast. However, the most civilized pleasures are within immediate reach. Every element at Terranea is an extension of its setting. Embracing the rich Mediterranean architectural heritage of the Palos Verdes Peninsula, Terranea possesses the feel of a carefully tended coastal estate that has evolved naturally over time. A gracious, old-world ambiance permeates the grounds, from the hotel lobby and outdoor gardens, to private terraces and inviting courtyards with outdoor fireplaces. At the same time, places such as the Point Bar express a vibrant and open style. All of the luxuries and amenities at Terranea have been carefully conceived to reflect what is expected of an internationally renowned resort. But most importantly, all of this??the stunning natural environment, the world-class management and facilities, the design of the buildings and grounds??aims to inspire and renew those who experience Terranea.
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