Going once, going twice, sold! MCR — the country’s 4th-largest hotel owner-operator — won the foreclosure auction for the 197-room Staybridge Suites Cathedral City Palm Springs, an IHG Hotel, on the Corona City Hall steps on April 7, 2021, at 9:30 AM. The acquisition marks MCR’s expansion into the California market as the Staybridge Suites joins MCR’s portfolio of 110 hotels across 33 states.
In the heart of the Coachella Valley, the all-suite hotel is just 10 minutes from Palm Springs Airport, 15 minutes from downtown Palm Springs and a two-hour drive to star-studded Los Angeles. If you’re searching for desert feels this summer, look no further! Next year, festival vibes will be in the air as Coachella and Stagecoach get rolling again.
Newly redesigned, the Palm Springs downtown plaza is renowned for its locally-owned restaurants, one-of-a-kind boutiques, art galleries and antique shops. A popular home to movie stars and Presidents (Dwight Eisenhower and Ronald Reagan both settled in the city) since the 1930s, the area is full of old Hollywood glamour. Stroll along Palm Canyon Drive and Museum Way to glimpse the Walk of the Stars, which honours more than 440 famous residents, including Elvis Presley, Lena Horne and Marilyn Monroe.
Take advantage of sunshiny SoCal’s annual 300-plus days of rays: Hike nearby Tahquitz Canyon or drive through the valley to Joshua Tree National Park, which is visited by more than 3 million travellers each year.