Most people who stay at hotels will never know it, but Denver-based Destination Hotels & Resorts manages some of the premier hotels in the nation.

The Hotel Del Coronado in San Diego, L’Auberge Del Mart Resort and Spa in Del Mar, Calif., The Argent Hotel in San Francisco, and the Royal Palms Hotel & Casitas in Phoenix, are a few of the 22 properties worth more than $1 billion in DH&R’s portfolio. DH&R is a subsidiary of Lowe Enterprises Inc., and is considered the largest independent hotel management company in the country.

The latest entry in the company’s stable of properties is the 640 all-suite Pointe South Mountain Resort in Phoenix. Unlike most of its other hotels, DH&R doesn’t have an ownership position in Pointe South, which is part of a new strategy by the company to diversify beyond ownership and development of hotels, DH&R spokeswoman Sally Cooper told Pointe South previously operated under the Hilton brand.

The hotel, owned by MONY/PSM Properties Inc., includes 95,000-sf of meeting space, 38,000-sf Phantom Spa and Fitness complex, 18-hole golf course, 10 tennis courts, on-site stables and four restaurants.

David Bland, MONY director of hotel investments, says DH&R has successfully repositioned hotels from chain affiliations to independent hotels. “The independent philosophy of Destination Hotels & Resorts complements MONY’s vision for the resort,” says Bland. “In a market abundant with chain-affiliated hotels, DH&R has garnered a reputation for delivering exceptional hotel experiences to its customers, while providing solid returns for their investors.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.