A growing London-based hospitality company now owns a slice of paradise in Naples.
Henderson Park, based in the United Kingdom with a stateside office in Radnor, Pennsylvania, paid $218.4 million for the Naples Grande Hotel, plus $24.8 million for its 18-hole golf course and $4.8 million for the 15-court tennis center, according to the property deeds filed last week in Collier County.
Henderson Park owns hotels throughout much of Europe, totaling about 9,300 rooms, according to The Caterer, a news site that follows the hospitality industry in the United Kingdom. Edward Eban, director of capital partnerships for Henderson Park, and Paul Burke, general manager of Naples Grande since 2018, could not be reached for comment.
Northwood Hospitality, based in Denver, bought the properties in 2013 for $149 million. That’s a 46% increase in value over the past nine years.
The Naples Grande, which is operating as usual with rooms starting at $773 per night, is at 475 Seagate Drive in Naples and has 395 standard rooms and 29 tower suites with 50 villas. There are seven restaurants/bars, 12 spa rooms and three pools spread across 23 acres.
The upscale resort opened as The Registry Resort in 1988 and has changed hands a few times over the years. It was renamed Naples Grande Beach Resort before being rebranded as Waldorf Astoria Naples for a brief time. Its name reverted back to Naples Grande Beach Resort in late 2014.
