Hernando Courtright Explained

Hernando William de Vos Courtright
Birth Date:10 July 1904
Birth Place:Coeur d'Alene, Idaho, U.S.[1]
Death Place:Beverly Hills, California, U.S.
Occupation:Hotelier

Hernando Courtright (1904–1986) was an American businessman best known as a hotelier. At different points, he was the proprietor of the Beverly Hills Hotel and The Beverly Wilshire Hotel.

He attended University of California, Berkeley and USC School of Business.

Courtright was president of National Pacific Tank and Mill Co. in Oakland and became one of the youngest vice presidents for the Bank of America in San Francisco during the 1930s, and when the Beverly Hills Hotel went into bankruptcy, he was assigned to the foreclosure in 1936.[2] Having been a banker managing the foreclosed Beverly Hills Hotel, he formed a real estate investment group and personally managed the property. Under his management, it became among the best-known and admired American hotels.

Courtright was credited with naming the Polo Lounge, having been inspired during renovations to the Beverly Hills Hotel bar, displaying a trophy won by a friend who led a national champion polo team.[3]

In 1958, Courtright sold the Beverly Hills Hotel to Ben L. Silberstein and associates for $6 million.[4] In the deal, the plan was for Courtright, who knew the social groups of Los Angeles and other owners at the time, to stay on for five years as president and general manager.[5]

He left to become an executive at Zeckendorf Hotels to develop part of the 20th Century Fox lot but moved on to buy the Beverly Wilshire Hotel and turned it into a rival to the Beverly Hills Hotel.[5]

He sold the Beverly Wilshire Hotel in November 1985 to a Hong Kong investment group for $125 million.[6]

He was married to Marcella Eva Cuillery and later to Florence Falzone and had six children.[6]

His cousin was actor Leo Carrillo.[6]

Notes and References

  1. Web site: Linda Deutsch . Linda Deutsch . Former Beverly Wilshire Hotel Owner Dies at 81 . AP . February 24, 1986 . August 30, 2021.
  2. Web site: Banker, hotelier Courtright dies . UPI . February 25, 1986 . August 30, 2021.
  3. The Pink Palace Revisited by Sandra Lee Stuart and Jon Prince (1993)
  4. Variety. September 3, 1958. 2. Det. Syndicate Buys Bevhills for $6,000,000. May 14, 2023.
  5. Dominick Dunne . BEVERLY HILLS COUP . Vanity Fair . February 1, 1986 . August 30, 2021.
  6. Web site: Ted Thackrey Jr. . Famous for Two Elegant Beverly Hills Hostelries : Innkeeper Hernando Courtright Dies . Los Angeles Times . February 25, 1986 . August 6, 2015.