LOS ANGELES—sbe, a lifestyle hospitality company that develops, manages and operates hospitality venues, has launched Hyde Hotel & Residences in Coachella Valley, CA.
The resort will be developed by sbe’s development subsidiary Dakota Development Company, LLC in partnership with Beijing-based global real estate placement company Global House Buyer.
Debuting in early 2017, Hyde Hotel & Residences Coachella Valley will feature 350 guestrooms, comprised of 150 two-bedroom condo units with studio lockouts, 40 luxury suites, some with private plunge pools, and 10 luxury two-bedroom stand-alone villas; a Hyde Kitchen and Cocktails; a destination spa; and meeting and event facilities.
Hyde Hotels & Residences, an extension of sbe’s Hyde nightlife heritage brand, was developed to offer a genuine and immersive guest experience that re-creates the ambiance and sophistication of Hyde’s nightlife venues, according to the company. Similar to the current Hyde locations, elements of local art, attitudes, climate, and culture will be infused in each hotel and residential property. sbe will bring its signature Hyde Kitchen and Cocktails food and beverage concept to Palm Springs, introducing seasonal California cuisine and signature craft cocktails.
“The Palm Springs area has rapidly grown to be an elite leisure destination that we have had our sights set on for quite some time to develop a unique project that would appeal to our growing consumer base,” said Sam Nazarian, sbe founder and CEO. “Hyde Hotel & Residences has been conceptually designed to draw inspiration from its city and its surroundings, we are thrilled to introduce this brand to the Coachella Valley area.
“Hyde Hotel & Residences will be designed to immerse its residents and guests with design and amenities that showcase the best attributes of Palm Springs,” said Joe Faust, president of Dakota Development. “Coachella Valley combines leisure and luxury in a sophisticated, yet casual ambiance that will be showcased throughout the property.”
In partnership with The Related Group of Florida, the first Hyde Hotel & Residences will debut in Hollywood, FL, in 2017, with the development of Hyde Beach House Hollywood and Hyde Hotel & Residences Midtown Miami also underway.