L'Ermitage Beverly Hills explained

Hotel Name:L'Ermitage Beverly Hills
Location:Beverly Hills, California
Address:9291 Burton Way
Opening Date:1975
Operator:EOS Hospitality
Number Of Restaurants:1
Number Of Suites:116
Website:https://www.lermitagebeverlyhills.com/

L'Ermitage Beverly Hills is a luxury hotel in Beverly Hills, California. Built in 1975, the property was the first all-inclusive hotel in the United States. Today, the hotel consists of 116 suites.

History

The building housing L'Ermitage was originally constructed in 1975 and was intended to contain condominiums.[1] [2] Developer Severyn Ashkenazy and his brother Arnold Ashkenazy transformed the building into an 111-suite luxury hotel.[3] [4] The name L'Ermitage was chosen in honor of the Hermitage Museum in St. Petersburg.[5] [4] Arnold Ashkenazy was an art collector, and L'Ermitage eventually featured some of the prominent pieces that he owned, including oil paintings by Vincent van Gogh and Pierre-Auguste Renoir.[5] [4]

When L'Ermitage opened in late 1976, it was the first all-suite hotel in the United States.[1] [6] [2] By the 1980s, each suite included a kitchen, dining room, and separate bath and shower rooms.[7] [8] The hotel was situated in a residential neighborhood and sought to distinguish itself through a reputation for exclusivity, fine dining, and guest service.[6] [8] During this period, L'Ermitage was the only Mobil Five-Star, AAA Five-diamond hotel in California.[6]

In 1986, Ashkenazy Enterprises filed for bankruptcy to fend off foreclosure by Beverly Hills Savings & Loan.[9] In 1992, L'Ermitage was taken over by Independence One Bank of California as part of an agreement with the federal government.[10] The hotel was sold for an estimated $12 million in 1993 to New York investment group La Hotel Properties Inc., and then acquired by Paris-based Immobiliere Hoteliers and Los Angeles-based Colony Capital in 1994.[10] [11] The property was then closed for four years for extensive redesigns and renovations totaling $65 million.[11] [12] [13] When L'Ermitage reopened in 1998, the Los Angeles Times noted that the "radical make-over" had "turned the once-stodgy hideaway into a fabulously chic luxury hotel."[14]

In October 2000, L'Ermitage was acquired by Singapore-based Raffles Holdings Ltd. for $68 million.[15] Raffles International then managed the hotel as Raffles L'Ermitage Beverly Hills.[15]

In January 2010, Malaysian financier Jho Low acquired L’Ermitage for $46 million, and it was converted into a Viceroy Hotel later that year.[16] In 2015, the hotel began a $37 million renovation of its suites, public areas, and restaurant that was completed in early 2016.[1] [17] [18] In August 2020, EOS Investors LLC purchased the hotel for $100 million from the U.S. government after it was seized as part of an investigation of Low.[16] [5] In October 2021, L'Ermitage dropped its affiliation with Viceroy and rebranded as L'Ermitage Beverly Hills.[19]

Features

L'Ermitage is an eight-story hotel with 116 rooms, all suites.[20] [21] Rooms average 805 square feet, making them the largest in the Beverly Hills hotel market, and feature marble bathrooms, private balconies, and separate dressing, sleeping, and sitting areas.[18] The entire property was renovated in 2016, including suites and public areas,[18] [21] and decorated with original art selected by Paragone Gallery, giclée prints from Adam Santelli and Jody Morlock, and wire-mesh sculptures from Eric Boyer.[22]

The hotel also features a rooftop pool, luxury spa, bar, and restaurant.[18]

As of 2021, L'Ermitage earned a five-star rating from Forbes Travel Guide,[23] a rating it has maintained since 2000.[24] [25] As of 2020, L'Ermitage earned a Four Diamond rating from AAA.[26]

Further reading

Notes and References

  1. News: Keeps . David A. . July 24, 2015 . Exclusive: A First Peek at L’Ermitage Beverly Hills’ Luxe New Look . Travel + Leisure . . February 5, 2022.
  2. News: Ramani . Sandra . Viceroy L'Ermitage Beverly Hills . . . February 5, 2022.
  3. News: October 20, 1979 . Californians boast 'World's best hotel' . The Montreal Gazette . February 5, 2022 . Google News.
  4. News: Colker . David . July 16, 1989 . The Prince of Barter : For hotel magnate and art collector Arnold Ashkenazy, every day’s a high-stakes swap meet . Los Angeles Times . February 5, 2022.
  5. News: Braslow . Samuel . August 13, 2020 . L’Ermitage Hotel Acquired for $100 Million . Beverly Hills Courier . February 5, 2022.
  6. News: Martin . Richard . November 26, 1984 . All-suite food: new directions.; hotel . . Situated in residential neighborhoods, and thus not permitted to open public dining accommodations, the hotels instead sought to establish reputations for exclusivity and culinary refinement. The concept worked well for Ashkenazy, helping earn the properties international accolades and eventually helping to make L'Ermitage the only Mobil Five-Star, AAA Five-diamond hotel in California. . Nexis .
  7. News: Ryon . Ruth . For $20,000, Hotel Offers a Night to Remember . Los Angeles Times . February 5, 2022.
  8. News: Hermetz . Aljean . Grand Hotels, L.A. Style . The New York Times . February 5, 2022.
  9. News: Furlong . Tom . Ashkenazy Enterprises Files Under Chapter 11 . Los Angeles Times . February 5, 2022.
  10. News: Myers . David A. . Beverly Hills' L'Ermitage Hotel is Sold to N.Y. Investor Group . Los Angeles Times . February 5, 2022.
  11. News: Seal . Kathy . November 2, 1998 . Booming entertainment industry jump-starts hotel business . Hotel & Motel Management . Clissold Pub. Corp. . February 5, 2022 . ProQuest.
  12. News: December 8, 1997 . Agency News . AdWeek . February 5, 2022.
  13. News: Virbila . S. Irene . October 18, 1998 . Lap Up the Luxury at the New L'Ermitage . Los Angeles Times . February 5, 2022.
  14. News: Virbila . S. Irene . July 16, 1998 . Renovated L'Ermitage Hotel Extends Its Elegant Touches To The Menu . Los Angeles Times . Nexis . The Beverly Hills hotel L'Ermitage has emerged from a radical make-over that turned the once-stodgy hideaway into a fabulously chic luxury hotel (at least from the looks of the lobby and public rooms). If you pull that taupe Armani from the closet, you'll fit right in to the minimalist decor..
  15. News: October 16, 2000 . The $68-million sale of L'Ermitage Beverly Hills is the highlight of a spree in recent hotel acquisitions . Los Angeles Business Journal . California Business Journals . February 5, 2022.
  16. News: Karmin . Craig . October 22, 2020 . Jho Low’s Beverly Hills Hotel Sold to New York Lodging Investor . The Wall Street Journal . Dow Jones & Company, Inc. . February 7, 2022.
  17. News: Barragan . Bianca . July 21, 2015 . Posh L'Ermitage Beverly Hills Getting Even Posher Renovation . Curbed . Vox Media . February 7, 2022.
  18. News: Ellingson . Annlee . October 16, 2020 . Viceroy L'Ermitage Beverly Hills sells to New York investment firm . Los Angeles Business Journal . California Business Journals . February 5, 2022.
  19. News: Limone . Jerry . L'Ermitage Beverly Hills is no longer a Viceroy hotel . Travel Weekly . Northstar Travel Media, LLC. . February 5, 2022.
  20. News: Ellingson . Annlee . October 16, 2020 . Viceroy L'Ermitage Beverly Hills sells to New York investment firm . Los Angeles Business Journal . California Business Journals . February 5, 2022.
  21. News: Vincent . Roger . August 14, 2020 . This famous Old Hollywood hotel is selling for $100 million to an unidentified bidder . Los Angeles Times . January 26, 2022.
  22. News: Modern Renovation: Viceroy L’Ermitage Beverly Hills Hotel . Interiors . TS Media . March 5, 2022.
  23. Web site: L'Ermitage Beverly Hills . Forbes Travel Guide . February 5, 2022.
  24. News: Ellingson . Annlee . October 16, 2020 . Viceroy L'Ermitage Beverly Hills sells to New York investment firm . Los Angeles Business Journal . California Business Journals . February 5, 2022.
  25. News: Vincent . Roger . August 14, 2020 . This famous Old Hollywood hotel is selling for $100 million to an unidentified bidder . Los Angeles Times . January 26, 2022.
  26. News: Holland . Emily . 2 Beverly Hills Hotels Earn Five Diamond Rating From AAA . Patch . February 5, 2022.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "L'Ermitage Beverly Hills".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.