Ritz Carlton Rancho Mirage

Client
Chemical Bank.

Project Description
A five-star luxury resort with 286 guest rooms, extensive meeting and banquet facilities, spa and tennis club located in the California foothills overlooking Palm Springs, the Coachella Valley, and the San Jacinto Mountain range.

Scope of Work
Douglas Wilson Companies provided consulting, receivership and bankruptcy services required to transfer the assets of the Ritz Carlton. DWC performed a comprehensive financial analysis, developed, and implemented business and cash management plans. During the eight-month ownership transition period, DWC provided oversight and management services for the resort’s day-to-day operations. In addition, DWC coordinated the transfer of title and liquor licenses to the new owner.