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San Manuel tribe invests in OC resort
Courtesy San Manuel Band of Mission Indians

San Manuel tribe invests in OC resort

The San Manuel Band of Mission Indians has purchased 40 percent of the Waldorf Astoria Monarch Beach Resort & Club in Dana Point,

The purchase by the tribe’s investment authority includes an option that will allow it to increase its ownership through future transactions, according to a statement on the tribe’s website.

The cost of the purchase was not disclosed.

Waldorf Astoria Monarch Beach overlooks the Pacific Ocean. It has 400 guest rooms and suites, a private beach club, the Waldorf Astoria Spa & Salon, three pools, and an 18-hole golf course.

“Investing in a luxury destination resort such as Waldorf Astoria Monarch Beach represents another milestone for our tribe, enabling us to continue executing our long-term diversification strategy,” said tribal Chairwoman Lynn Valbuena in the statement.

 

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