96161 Travel Guide
It only opened in December, but earlier this week things looked dicey for the Ritz-Carlton Highlands, Lake Tahoe. On Tuesday, news outlets including The Sacramento Bee reported that the hotel had gone into default. Apparently the property itself did not go into bankruptcy, however its developer "put nearly $1 billion worth of Northstar real estate development into bankruptcy reorganization."
This doesn't mean the new Ritz-Carlton had a bad ski season, though. Spokesperson Steven Holt said, "We've had an amazing winter." But can strong business save the ski resort from bigger-picture real-estate woes?
Itís -9ļF in Lake Tahoe today. But that didnít stop folks from coming out to celebrate the opening of the new Ritz-Carlton Highlands, Late Tahoe. The area received over 30 inches of snow at the summit in the 48 hours leading up to the resortís debut. Which makes us wonder: Is there anything the R-C and their concierges cannot do? (Maybe the Ritz-Carlton in NYC could do something about this rain?)
The Ritz-Carlton Highlands was five years in the making, and offers the all-important ski-in, ski-out experience for all those CEOs with too much time on their hands. (On the upside, the construction created over 350 jobs in Northern California this year. Yay, employment!)
Lake Tahoe is one of those mountainous Northern California (way North) destinations that is popular during the summer, but really bustling with activity during wintertime, what with the chance for visitors to channel their inner Jonny Moseley on the slopes.
But when The Ritz Carlton Highlands moves into town you'd better believe that the upscale stakes will be raised, which is what will happen when a Lake Tahoe location opens on December 9th of this year, a little later than the original fall opening that was announced.
Lake Tahoe is getting a bit of its own Ritz-Carlton action, with the Ritz-Carlton Highlands, Lake Tahoe slated to open up this coming ski season. This shot of the construction which Ritz-Carlton posted to their Twitter yesterday is showin' that the hotel is topping off nicely, though we know by now not to judge a hotel's completion by its exterior (the permits can be major issues; we get it, blah blah).
Here's what we know: the 170-room luxe ski retreat is a ski-in, ski-out property that sits mid-mountain in the Northstar-at-Tahoe ski resort, with its official opening date announced as "fall 2009." In addition to the ski concierge services, the place also boasts a restaurant by San Fran chef Traci des Jardins, a 17,000-square-foot spa and fitness center and "preferred access to the Old Greenwood and Coyote Moon golf courses."
Interestingly, this is the first "new-build resort development" to hit Lake Tahoe in a long, long time and it's being touted as the most upscale in the region. No word yet on whether this hotel will be open year-round or close in the Spring recall the brand's fancy ski retreat in the Vail area started closing for the slower season this year due to the poopy economy.