SAN DIEGO, June 18, 2025 - Blackstone Mortgage Trust Inc. has announced the completion of a transformative, multi-year, $550 million restoration project at the iconic Hotel del Coronado. This extensive renovation included a meticulous revitalization of the Victorian building, marking the culmination of a comprehensive property-wide upgrade. The project, aimed at preserving the hotel's historical charm while introducing modern comforts, involved updates to various areas such as guest rooms, dining venues, and event spaces. Key additions include the launch of Serẽa Coastal Cuisine, the Shore House oceanfront experience, the Southpointe event center, and a reimagined Spa & Salon. The restoration, executed with historical accuracy by top design and architecture talent, has created over 300 resort jobs and thousands of construction jobs. The project underscores Blackstone's commitment to maintaining Hotel del Coronado's legacy as a premier destination.
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