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Bacara Resort & Spa in Goleta to become a Ritz-Carlton

By   /  Tuesday, September 12th, 2017  /  Latest news, Restaurants, South Coast, Tourism, Tri-County Economy  /  Comments Off on Bacara Resort & Spa in Goleta to become a Ritz-Carlton

Pacific Hospitality Group confirmed Sept. 12 that it had entered the final stages of a sale of the Bacara Resort & Spa in Goleta to a new buyer and its transition to a new management company but declined to provide names. Industry sources said that it had been bought by New York real estate investment Read More →

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The Foley effect: Wine baron rolls out members-only club at Bacara

By   /  Friday, October 4th, 2013  /  Features, Tourism, Wine & Viticulture  /  Comments Off on The Foley effect: Wine baron rolls out members-only club at Bacara

Foley launched the Food & Wine Society to take advantage of his diverse holdings in vineyards, wineries, vacation properties in Montana and his investment as a minority owner of Pacific Hospitality Group, which bought Bacara in February for an estimated $150 million to $180 million.

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Pacific Hospitality’s plan: New Bacara owners detail strategy

By   /  Friday, March 29th, 2013  /  Features, Tourism  /  Comments Off on Pacific Hospitality’s plan: New Bacara owners detail strategy

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New Bacara owners plan millions in upgrades

By   /  Friday, March 1st, 2013  /  Real Estate, Top Stories, Tourism  /  Comments Off on New Bacara owners plan millions in upgrades

The new owners of Bacara Resort & Spa in Goleta plan to spend millions of dollars to upgrade the 78-acre coastal resort. On Feb. 25, Irvine-based Pacific Hospitality Group confirmed it had purchased the 360-room Bacara Resort from Ohana Real Estate Investors and Rockpoint Group for an undisclosed amount. The deal marks a successful turnaround Read More →

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Bacara Resort sold to Pacific Hospitality Group

By   /  Monday, February 25th, 2013  /  Latest news, Real Estate, Tourism  /  Comments Off on Bacara Resort sold to Pacific Hospitality Group

Pacific Hospitality Group on Monday morning confirmed its purchase of the 78-acre Bacara Resort & Spa in Goleta. The Business Times first reported the pending sale of the 360-room resort last week. Pacific Hospitality, based in Irvine, already owns numerous high-end coastal properties. It purchased Bacara from Ohana Real Estate Investors and Rockpoint Group for Read More →

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