We are impressed with Hilton and Waldorf Astoria’s strategic repositioning of the property over recent years,” said San Manuel chairwoman Lynn Valbuena. “The stunning coastal setting, along with its exceptional guest service and amenities, are features that our Yaamava’ and Palms guests will enjoy.

The switch to the Waldorf Astoria brand – a luxury slice of the Hilton chain – was announced in 2021.Īnd last year, Ohana finished a $30 million makeover of the resort’s guest rooms which included converting 20 rooms into one-bedroom suites. It was known just as the Monarch Beach Resort until the Ohana acquisition. Regis hotel chain, and after several ownership changes, dropped the brand in 2016. The complicated history of the Dana Point resort highlights the gyrations of the luxury resort business. A statement by the tribe said the purchase was roughly a 40% interest in the property “with the option to increase its ownership through one or more future transactions.” Ohana and San Manuel did not disclose the dollar amount of the investment. The property includes a 6-acre private beach club, three swimming pools and its own 18-hole golf course.

The tribe is partnering with Ohana Real Estate Investors, which paid $497 million for the resort in Dana Point in 2020. San Manuel announced Monday, June 5, that it bought a 40% stake in the Waldorf Astoria Monarch Beach Resort & Club in Dana Point. The 400-room, five-diamond hotel campus sits across the Pacific Coast Highway from the ocean on 162 acres. The San Manuel Band of Mission Indians, owners of the Yaamava’ casino and hotel in Highland, are gambling on the high-stakes Orange County luxury resort market.

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