Irvine, CA, February 29, 2016 – Pacifica Hotels, the largest owner and operator of independent hotels along the Pacific Coast, announced today that it has acquired San Simeon Pines Seaside Resort in Cambria, CA. With this addition, Pacifica Hotels now owns and operates six properties along Cambria’s Moonstone Beach, and a total of 34 hotels, most along the California coast.
San Simeon Pines Resort is ideally situated in the heart of central California and just off the Pacific Coast Highway, providing easy access to Hearst Castle, downtown Cambria, local wineries, the Piedras Blancas elephant seal sanctuary and other coastal charms. With expansive grounds and gardens, a private beach trail, and lawn games, it is an ideal family escape and an excellent location from which to explore the area.
San Simeon Pines Resort sits on nine acres just steps from Moonstone Beach. With 60 unique guest rooms, a solar heated pool, wood burning fireplaces, free parking, complimentary daily breakfast, and complimentary wireless Internet, it has offered a budget-friendly coastal experience since originally built in 1959.
San Simeon Pines joins Pacifica Hotels’ Cambria collection which includes the recently renovated Pelican Inn & Suites, FogCatcher Inn, Cambria Landing Inn & Suites, and Fireside Inn on Moonstone Beach, and El Colibri Hotel & Spa which was acquired in October of 2015.
“We are excited to add San Simeon Pines Seaside Resort to our Cambria portfolio. We believe there is a tremendous amount of upside in this large coastal property, said Matt Marquis, CEO and President of Pacifica Hotels. “In this rising market, we are excited to find these hidden gems along the California coastline that strategically fit perfectly with Pacifica’s overall vision.”
The acquisition of San Simeon Pines Resort was led by Vice President of Investments & Acquisitions, Matthew Kou.
For the past three years, Pacifica has focused primarily on refining and growing its portfolio through strategic asset acquisitions, full-property renovations, and transitioning branded properties to independent status. By reinvesting in coastal boutique and lifestyle hotels, Pacifica seeks to offer guests the ultimate California experience with choices from the San Francisco Bay Area to San Diego.
About Pacifica Hotels
Pacifica Hotels was formed in January of 1993 to consolidate the hospitality operations of Invest West Financial Corporation, which has been involved in the acquisition, development, refurbishing and operating of quality hotel properties and other commercial real estate properties for almost 30 years. Today, Pacifica Hotels is the largest owner and operator of boutique hotels on the Pacific coast. Pacifica Hotels’ 34 independent and flag properties in key California cities from San Diego to San Francisco, as well as Hawaii and Florida, feature outstanding locations, AAA 3 and 4-diamond ratings, upgraded amenities and high standards of guest service. For complete hotel descriptions and reservations, visit www.pacificahotels.com.