The Ritz-Carlton Dallas, Las Colinas

Last updated
The Ritz-Carlton Dallas, Las Colinas
Four seasons golf course irving texas facing southwest 2009-08-12.JPG
TPC Las Colinas in 2009
Club information
Usa edcp relief location map.png
Icona golf.svg
Relief map of Texas.png
Icona golf.svg
Coordinates 32°51′50″N96°57′29″W / 32.864°N 96.958°W / 32.864; -96.958
Location Irving, Texas
Elevation500 feet (150 m)
Established1983;41 years ago (1983)
TypeResort
Owned by Partners Group and Trinity Fund Advisors
Operated byMarriott International [1]
Total holes36
Events hosted AT&T Byron Nelson
(1983–2017)
GreensCreeping Bentgrass
Fairways419 Bermuda [2]
Website lascolinasresortdallas.com
TPC Las Colinas
Designed by
Par 70
Length7,166 yards (6,553 m)
Course rating 76.0
Slope rating 142 [3]
Cottonwood Valley
Designed by
Par 71
Length7,120 yards (6,511 m)
Course rating 74.9
Slope rating 136 [4]

The Ritz-Carlton Dallas, Las Colinas is a golf resort in Irving, Texas, United States. The resort contains a 431-room hotel, two restaurants, lounge bars, a spa, swimming pool, gym, tennis courts and two golf courses, featuring a Tournament Players Club course, TPC Las Colinas, that hosted the PGA Tour's annual AT&T Byron Nelson from 1983-2017.

Contents

History

The Four Seasons Resort and Club Dallas at Las Colinas was originally developed and owned by USAA Real Estate Company. [5] The golf club opened first, in 1983, while the adjoining Four Seasons Hotel opened in 1986. [6]

California-based investment firm BentleyForbes bought the resort from USAA in 2006 [7] [8] for $200 million. [9] BentleyForbes borrowed $175 million against the hotel that same year and invested $60 million in renovations, right before the 2007–2008 financial crisis and the Great Recession caused business at the hotel to drop significantly. [10] BentleyForbes's lenders foreclosed on the hotel in 2010 and sold it at auction on June 1, 2010, after BentleyForbes missed multiple mortgage payments. The lenders themselves bought the property, for $122 million, [11] placing it under the control of CW Capital Asset Management. [12]

CW sold the resort to Blackstone Inc. in 2014 for $150 million. [13] Blackstone sold it to Extell Development Co. in 2018 [14] for $235 million. [15] Extell sold it to Partners Group and Trinity Fund Advisors in 2022. [16]

Marriott International assumed management on December 15, 2022 and the resort was rebranded The Las Colinas Resort, Dallas [17] as a temporary name during a $55 million renovation. [18] [19] It was renamed The Ritz-Carlton Dallas, Las Colinas on January 23, 2024. [20]

Golf

The resort is known for its golf facilities, which includes the TPC Las Colinas championship course that was designed by Jay Morrish in consultation with Byron Nelson and Ben Crenshaw. The course was constructed as a TPC stadium course, incorporating nine holes from the original Las Colinas Sports Club layout. Since it opened in 1983 (Crenshaw won the 1st event in 1983, [21] [22] see wall of champions inside the sports club), it hosted the PGA Tour's Byron Nelson event from 1983 to 2017. [23]

Starting in 1994, the PGA Tour also made use of the resort's second course, Cottonwood Valley, for the first two rounds of the Byron Nelson Championship in order to lessen the impact of weather delays. This course was also designed by Jay Morrish this time alongside renowned golf course architect Robert Trent Jones, Jr. [24]

The resort also includes the Byron Nelson Golf School, a driving range and other practice facilities.

Rating

The resort is the only AAA Five Diamond Award resort in Texas. [25]

Related Research Articles

<span class="mw-page-title-main">Las Colinas, Irving, Texas</span> Place in Texas, United States

Las Colinas is a mixed-use planned community development in Irving, Texas, part of the Dallas/Fort Worth Metroplex, governed by The Las Colinas Association, a Texas non-profit corporation. Due to its central location between Dallas and Fort Worth and its proximity to Dallas/Fort Worth International Airport and Dallas Love Field airport, Las Colinas has been a focus of corporate and business relocation.

<span class="mw-page-title-main">Four Seasons Hotels and Resorts</span> Canadian headquartered international hotel chain.

Four Seasons Hotels Limited, trading as Four Seasons Hotels and Resorts, is a Canadian luxury hotel and resort company headquartered in Toronto, Ontario, Canada. Four Seasons currently operates more than 100 hotels and resorts worldwide. Since 2007, Bill Gates and Prince Al-Waleed bin Talal have been majority owners of the company. As of January 2022, Cascade Investment owns 71.25% and Kingdom Holding Company owns 23.75% of the hotel and resort company.

TheBoca Raton is a luxury resort and club in Boca Raton, Florida, founded in 1926, today comprising 1,047 hotel rooms across 337 acres. Its facilities include a 18-hole golf course, a 50,000 sq. ft. Forbes Five-Star spa, eight swimming pools, 30 tennis courts, a full-service 32-slip marina, more than 15 restaurants and bars, and 200,000 sq. ft. of meeting space. The property fronts both Lake Boca and the Atlantic Ocean. The resort was operated as part of Hilton's Waldorf Astoria Hotels and Resorts, and it is now privately owned by an affiliate of MSD Partners with the new name, The Boca Raton.

<span class="mw-page-title-main">The Players Championship</span> Annual golf tournament

The Players Championship is an annual golf tournament on the PGA Tour. Originally known as the Tournament Players Championship, it began in 1974. The Players Championship at one point offered the highest purse of any tournament in golf. The field usually includes the top 50 players in the world rankings, but, unlike the major championships, it is owned by the PGA Tour and not an official event on other tours.

<span class="mw-page-title-main">Tournament Players Club</span> Chain of private and public golf courses

Tournament Players Club (TPC) is a chain of public and private golf courses operated by the PGA Tour. Most of the courses either are or have been hosts for PGA Tour events, with the remainder having frequently hosted events on the Korn Ferry Tour or PGA Tour Champions. In 2020, Harding Park became the first TPC course to host a major when it hosted the PGA Championship.

The Byron Nelson is a golf tournament in Texas on the PGA Tour, currently hosted by TPC Craig Ranch in McKinney, northeast of Dallas. Held in May, it is one of two PGA Tour stops in the Dallas-Fort Worth Metroplex – which until the 2020-21 PGA Tour, was the only metropolitan area to host two events on separate courses in the area. The tournament is the leading fundraiser for charity on the PGA Tour and has raised more than $143 million. For much of its history, it was the only PGA Tour stop named after a professional golfer, and remains one of only two such events, along with the Arnold Palmer Invitational. As host, Byron Nelson (1912–2006) commonly made appearances during the tournament. It is hosted by the Salesmanship Club of Dallas, a 600-member civic organization, and has benefited the club's nonprofit Momentous Institute since its inception.

Great Hotels is a television show on the Travel Channel. The show, hosted by Samantha Brown, travels around the United States to show some of its most renowned hotels. Brown stays at the hotel and walks the viewer through the layout, the rooms, and extra features the hotel has to offer that make it unique and desirable.

<span class="mw-page-title-main">Lake Las Vegas</span> Man-made lake in Nevada, United States

Lake Las Vegas is a 320-acre (130 ha) reservoir in Henderson, Nevada with a 3,592-acre (1,454 ha) developed area around it. The area is sometimes referred to as the Lake Las Vegas Resort. It is being developed by 5 companies including Lake at Las Vegas Joint Venture LLC.

The Mid-Cities is a suburban region filling the 30-mile span between Dallas and Fort Worth. These communities include the cities of Arlington, Bedford, Colleyville, Coppell, Euless, Flower Mound, Grand Prairie, Grapevine, Haltom City, Hurst, Irving, Keller, Lewisville, Mansfield, North Richland Hills, Richland Hills, Southlake, and Watauga.

<span class="mw-page-title-main">Zurich Classic of New Orleans</span> Golf tournament held in New Orleans, Louisiana, US

The Zurich Classic of New Orleans is a professional golf tournament in Louisiana on the PGA Tour, currently held at TPC Louisiana in Avondale, a suburb southwest of New Orleans. Beginning 86 years ago in 1938 and held annually since 1958, it is commonly played in early to mid-spring. Zurich Insurance Group is the main sponsor, and it is organized by the Fore!Kids Foundation.

<span class="mw-page-title-main">The Ritz-Carlton Hotel Company</span> American multinational luxury hotel chain

The Ritz-Carlton Hotel Company, LLC is an American multinational company that operates the luxury hotel chain known as The Ritz-Carlton. The company has 108 luxury hotels and resorts in 30 countries and territories with 29,158 rooms, in addition to 46 hotels with 8,755 rooms planned for the future.

<span class="mw-page-title-main">Robert Summers (artist)</span> American painter (born 1940)

Robert Temple Summers II is an American artist in Cleburne, Texas. Summers, who works as a painter and sculptor, has created prominent bronze works displayed in places such as the Texas Ranger Hall of Fame and Museum, the Dallas Pioneer Park the Loews Anatole Hotel, Fair Park, Los Angeles International Airport, and Plano Texas' Baccus Plaza.

<span class="mw-page-title-main">The Ritz-Carlton Oʻahu, Turtle Bay</span> Resort in the Koolauloa District on the northern coast of the island of Oahu in Hawaii

The Ritz-Carlton O‘ahu, Turtle Bay, formerly the Turtle Bay Resort, is a luxury resort with cottages on the North Shore of Oahu island in Hawaii.

<span class="mw-page-title-main">TPC Craig Ranch</span> Golf course in McKinney, Texas, US

TPC Craig Ranch is a private golf club in the south central United States, located within the community of Craig Ranch in McKinney, Texas, north-northeast of Dallas.

Lakewood Country Club is a private country club in Dallas, Texas, United States, founded in 1912, and is now often referred to simply as Lakewood. It is located at the corner of Gaston and Abrams Avenues in Lakewood, Dallas, Texas, about five miles east, northeast of downtown Dallas. Lakewood Country Club hosted the Texas Victory Open, a PGA Tour golf tournament now known as the HP Byron Nelson Championship, in 1944, the only year the tournament was won by renowned professional golfer Byron Nelson, who is now the tournament's namesake.

<span class="mw-page-title-main">The Newbury Boston</span>

The Newbury Boston is a historic luxury hotel in Boston, Massachusetts. It opened in 1927 as The Ritz-Carlton Hotel. The property is a Boston landmark and anchors fashionable Newbury Street and the picturesque Boston Public Garden, located in the heart of the Back Bay.

Trinity Forest Golf Club is an 18-hole private golf club in the southern United States, located in Dallas, Texas.

<span class="mw-page-title-main">The Red Sea Project</span> Tourism destination in Saudi Arabia, Tabuk Province

The Red Sea Project, simply referred to as The Red Sea, is a planned tourism megaproject in the Red Sea coast of Saudi Arabia. The project, which is developed by Public Investment Fund-owned Red Sea Global, forms part of the Saudi Vision 2030 program. The project was announced by the Saudi Crown Prince Mohammad bin Salman in July 2017.

References

  1. https://hotelsmag.com/news/ritz-carlton-taking-over-at-las-colinas-resort/ [ bare URL ]
  2. "AT&T Byron Nelson" (PDF). GCSAA. Tournament fact sheets. May 2017. Retrieved April 28, 2018.
  3. "Course Rating and Slope Database™ - Four Seasons Resort & Club - TPC @ Las Colinas". USGA. Retrieved April 28, 2018.
  4. "Course Rating and Slope Database™ - Four Seasons Resort & Club - Cottonwood Valley". USGA. Retrieved April 28, 2018.
  5. https://www.chron.com/news/article/PRN-BentleyForbes-Acquires-The-Four-Seasons-1507636.php [ bare URL ]
  6. "Four Seasons to Conclude Management of Four Seasons Resort and Club Dallas at Las Colinas". Hotel-Online.
  7. "(PRN) BentleyForbes Acquires The Four Seasons Resort and Club in Las Colinas, Texas". Chron. Retrieved 2024-03-06.
  8. "BentleyForbes buys Texas Four Seasons Resort". www.bizjournals.com. Retrieved 2024-03-06.
  9. "New Owners BentleyForbes Hospitality Group Planning a $150 million Upgrade and Expansion of The Four Seasons Resort and Club Dallas at Las Colinas / December 2006". www.hotel-online.com. Retrieved 2024-03-06.
  10. "Las Colinas' Four Seasons sold to New York investment group". Dallas News. 2014-02-11. Retrieved 2024-03-06.
  11. "Lenders foreclose on Four Seasons Resort in Las Colinas". Dallas News. 2010-06-01. Retrieved 2024-03-06.
  12. "Las Colinas' Four Seasons sold to New York investment group". Dallas News. 2014-02-11. Retrieved 2024-03-06.
  13. Williams, Taylor (2018-11-06). "Extell Development Acquires 405-Room Hotel in Irving for $235M". REBusinessOnline. Retrieved 2024-03-06.
  14. Call, Brandon J. (2022-06-02). "Four Seasons Resort Dallas at Las Colinas Has a New Owner". D Magazine. Retrieved 2024-03-06.
  15. Williams, Taylor (2018-11-06). "Extell Development Acquires 405-Room Hotel in Irving for $235M". REBusinessOnline. Retrieved 2024-03-06.
  16. "Las Colinas' Four Seasons hotel sells to international investors". The Dallas Morning News. Retrieved 2022-12-22.
  17. "Ritz-Carlton taking over at Las Colinas resort". HOTELSMag.com. Retrieved 2024-03-06.
  18. "Las Colinas Four Seasons to become a Ritz Carlton after $55 million makeover". The Dallas Morning News. Retrieved 2022-12-22.
  19. "Marriott to rebrand Dallas-area Four Seasons as Ritz-Carlton". Hotel Management.
  20. "Ritz-Carlton completes Las Colinas hotel rebranding". Dallas News. 2024-01-23. Retrieved 2024-03-06.
  21. "Fans' favorite Crenshaw wins Byron Nelson title". Victoria Advocate. (Texas). Associated Press. May 2, 1983. p. 4B.
  22. "Crenshaw's narrow win a comeback". Eugene Register-Guard. (Oregon). UPI. May 2, 1983. p. 2B.
  23. "Billy Horschel edges Jason Day on first hole of Byron Nelson playoff". ESPN. Associated Press. May 21, 2017. Retrieved April 28, 2018.
  24. "TPC at Las Colinas: Byron Nelson Tour Site Blossoms". GolfTexas.com. Retrieved 2009-11-13.
  25. "Byron Nelson's Legacy Lives On". Golf Channel . May 19, 2009. Archived from the original on 2009-07-26. Retrieved 2009-11-13.