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Manchester Financial to build a new resort: $150m hotel and spa to open in Del Mar in '06.

Publication: San Diego Business Journal
Publication Date: 25-APR-05 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Manchester Financial to build a new resort: $150m hotel and spa to open in Del Mar in '06.(Manchester Financial Group Inc.)

Article Excerpt
Manchester Financial Group Inc., headed by real estate mogul Doug Manchester, plans to build the Grand Del Mar, which could be the last luxury resort built near the county's coastline.

The posh $150 million, 260-room hotel is scheduled to break ground adjacent to the Grand Del Mar Golf Club--formerly known as the Del Mar National Golf Club--on June 20. It is scheduled to open in December 2006.

Manchester said he is building a five-star quality property with a combination resort and golf course that will be "second to none" in the county.

It is on Grand Del Mar Way in San Diego, a half-mile south of state Route 56 off Carmel Country Road and 20 miles north of Downtown.

Hotel consultant Bob Rauch, the director of the Center for Hospitality and Tourism Research at San Diego State University, agrees...

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