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September 14, 2015

New Mexico’s Heritage Hotels acquires El Monte Sagrado

Albuquerque-based Heritage Hotels & Resorts has acquired El Monte Sagrado in Taos, New Mexico.

Albuquerque-based Heritage Hotels & Resorts has acquired El Monte Sagrado in Taos, New Mexico.

The property, which originally opened in 2003, will now join Palacio de Marquesa, Heritage Hotels & Resorts’ inn, creating a strong luxury lodging presence in the region.

Heritage Hotels & Resorts CEO Jim Long said: "El Monte Sagrado is the premiere property in Taos and northern New Mexico.

"El Monte Sagrado will remain the premier Taos resort property and enhance our presence in northern New Mexico."

According to Heritage, the company is planning to keep the design, history and character of El Monte Sagrado.

"El Monte Sagrado will remain the premier Taos resort property and enhance our presence in northern New Mexico."

El Monte Sagrado features 84 rooms, including 48 Taos mountain rooms, 18 Native American suites, six Casitas, eight global suites and four premiere suites.

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In addition, it provides 7,000ft² of function space, including the 2,400ft² Rio Grande Ballroom, the 1,400ft² Sandoval Room and the 784ft² Grand Bohemian Gallery.

The function space also includes a 350ft² mahogany panelled executive boardroom, a 766ft² library and a 255ft² private Mediterranean-inspired wine room.

Formerly owned and managed by Florida-based Kessler Collection, El Monte Sagrado received significant additional updates, additions and construction in 2007.

Kessler Collection chairman Richard C Kessler said: "The Kessler Collection has made a strategic decision to focus its attention on the many present opportunities for growth in the southern US.

"Taos has a very unique culture that demands management time. Because of this, we focused on finding a strong Western investor and operator who knows and lives in the southwest culture."

Constructed for a cost of more than $70m, the hotel currently employs 124 people in Taos.

Heritage Hotels & Resorts is claimed to be the largest, independently owned hotel brand in New Mexico.

It currently operates eight hotels in New Mexico, where El Monte Sagrado will be its ninth hotel. A tenth hotel of the company, the 118-room Hotel Chaco, is currently under construction near Old Town in Albuquerque.

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