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Will the Ritz-Carlton, Rancho Mirage Ever Recover From the '08 Crisis?

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  Site Where: Frank Sinatra Drive [map], Rancho Mirage, California, United States, 92270
February 27, 2013 at 9:48 AM | by | Comments (2)

This year will be the five-year anniversary of the big crash of 2008, a financial crisis that hit the hotel industry – like so many others – hard. All the hotel openings these days notwithstanding, many a project was scrapped as a result, long before they started breaking ground.

Yet, some others got caught in the middle, stuck in a weird kind of hotel-limbo: well on their way to completion, but without any sight of the moment when the finishing line, and paying guests just beyond, will be reached. Case in point: The Ritz-Carlton Rancho Mirage.

With Lehman Brothers backing the project, the hotel has sat silently on its ridge overlooking Palm Springs since the financier’s collapse in mid-September 2008, about three-quarters of the way to completion. Years ago, we once wandered around the empty rooms and hallways of New York’s The Plaza when it was in the middle of the sale of all its contents prior to its controversial renovation. It was a fascinating, but eerie, experience, and we imagine being inside the Ritz-Carlton now - frozen in time, untouched - must be similar.

And while the hotel is still listed as a future opening, there is no date, or year for that matter, set for when that will happen. When the day comes, there will be 260 rooms and 30 suites, with a Ritz-Carlton Club level, several restaurants, and an extensive La Prairie spa. It might just be the winner of longest hotel delay of all time when it does.

Know of any other places that are in hotel-limbo? Tell us in the comments!

[Renderings: Ritz-Carlton Hotels]

Comments (2)

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A little research could help...

<a href="http://www.kmir6.com/news/local/176708101.html">http://www.kmir6.com/news/local/176708101.html</a>

"Shovels will go back into the ground on or before January 6, 2013 and the hotel will open for business on or before October 31 of 2013,"


RC Rancho Mirage

Information we received directly from RC gave no indication of construction picking up or a projected opening being in the works - we've gone back again to our RC reps to verify, but there still is no official word on an opening date.

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