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The John Hardy Group Completes $40 Million Renovation of The Ritz-Carlton, Laguna Niguel

[ATLANTA]-- The John Hardy Group (JHG) announced the completion of the $40 million renovation of the AAA Five Diamond Ritz-Carlton, Laguna, Niguel Resort, which has catered to the world's most discriminating guests for more than 21 years. JHG provided Owner’s Representation, Project Management and Project Accounting Services.

The $40 million dollar renovation involved the hotel’s grand entrance area; 393 guestrooms, including 30 suites and 38 Ritz-Carlton Club Level rooms; Restaurant 162'; 19 meeting rooms, which total 22,724 square feet of conference and banquet space, the spa’s 11 treatment rooms and one of the biggest changes at the property may have come about with the creation of a two-level fitness center that is perched atop a 150-foot bluff that overlooks the Pacific Ocean.

“We are extremely pleased with the results of this extensive renovation and believe our client, Strategic Hotel Capital, LLC has accomplished its goal in remaining ranked among the best resorts in the world,” says John R. Hardy, president and CEO of The John Hardy Group, located in Atlanta, Georgia.

About Strategic Hotel Capital, LLC

Strategic Hotel Capital, LLC is a private company whose principal shareholders are affiliates of Goldman, Sachs & Co. and investors advised by Prudential Real Estate Investors.

About The John Hardy Group

The privately held John Hardy Group, (JHG) headquartered in Atlanta, Georgia has earned its reputation as the leading global independent development services firm overseeing more than $5 billion of capital investment activities since 1992. JHG provides the following services to the hospitality real estate industry: JV Development, Real Estate Advisory, Development Management, Due Diligence Management, Project Management, Construction Management, Project Accounting, Owner’s Representation, Disaster Remediation, Prototype Development, Program Management, Development Cost Estimating/Contract Administration, Capital Expenditure Management, Fee Development, and Advisory Services such as, but not limited to Estimating, Disaster Remediation, Litigation Support, Turnkey Development Budgeting and Schedule Master-Planning, FF&E Coordination and Monitoring and more. Please visit their Web site at http://www.jhgi.com.