Miracle Springs
Resort & Spa
10625 Palm Drive Desert Hot Springs, CA 92240
PROPERTY SUMMARY
Investment Highlights
- Fee-Simple Acquisition of 110-Room Miracle Springs Resort & Spa, a premier wellness-oriented resort located in Desert Hot Springs within the highly desirable Greater Palm Springs hospitality market.
- Strong In-Place Cash Flow with Operational Upside - The Property is materially outperforming national lodging benchmarks with ~81% average occupancy and ~$5.5M in YE 2025 revenue, presenting immediate cash flow with additional upside through enhanced asset management, operational efficiencies, and targeted revenue management strategies.
- Irreplaceable Wellness Resort with Natural Mineral Springs – Features eight natural hot mineral pools sourced from Desert Hot Springs’ renowned aquifers, positioning the resort as a distinctive wellness destination within the Southern California resort market.
- Brand Conversion & ADR Growth Opportunity - Multiple soft-brand and franchise conversion pathways available, including Tapestry Collection by Hilton, Outset Collection by Hilton, VOCO by IHG, JDV by Hyatt, MOD by Sonesta, Ascend Collection by Choice Hotels, Dazzler Select by Wyndham offering the potential to expand distribution channels and drive ADR growth.
Location Highlights
- Strategic Location in a High-Demand Tourism Corridor – Benefiting from proximity to key regional demand drivers, including Joshua Tree National Park, Palm Springs Convention Center, Acrisure Arena, and major international events such as the Coachella Valley Music and Arts Festival and Stagecoach Festival.
- Premier Coachella Valley Leisure Destination – Year-round tourism supported by resorts, golf courses, wellness travel, and lifestyle attractions in the Greater Palm Springs market.
- Global Festival Demand – Major events, including the Coachella Valley Music and Arts Festival and Stagecoach Festival, drive seasonal compression and premium ADR growth.
- Convention, Golf & Resort Tourism – Corporate events at Palm Springs Convention Center and more than 100 championship golf courses across the Coachella Valley support diverse demand segments.
- Convenient Regional Access - Approximately 10 miles from Palm Springs International Airport, 25 miles from Joshua Tree National Park, and 7 miles from downtown Palm Springs, with nearby attractions including Long Canyon Trail, Fantasy Springs Resort Casino, and Agua Caliente Casino Palm Springs.