Sonoma Golf Club is not up for sale (part 3)

The 18-hole course has seen famous players including Sam Snead, Byron Nelson, Ken Venturi and Tom Watson.The 177-acre golf club is a joint venture between Crescent Real Estate and Highlands, which develops and manages residential communities built around golf courses..Sonoma Mission Inn is a separate partnership between Crescent and Fairmont Hotels.

Crescent bought the hotel in 1996, and Fairmont acquired a 20 percent stake in 2002 when it took over management duties..Crescent Real Estate spokesman John Goff didn't return calls seeking comment..Sonoma Mission Inn is Sonoma County's top grossing hotel property, according to county tourism officials. Built in 1927, it features gourmet restaurants, lush gardens and a European-style spa..Sonoma County's hospitality sector was hit hard by the economic downturn, falling more than 10 percent in 2009.

Business has improved since then, but it's still not back to pre-recession levels..Several Sonoma County hotels have gone into foreclosure or bankruptcy in the past two years..Sonoma Mission Inn's owners defaulted on a $55 million note due last Feb. 1. They've hired an Atlanta-based hotel brokerage to sell the property, Bloomberg reported Oct. 6..Operations at Sonoma Mission Inn won't be affected by the sale, Fairmont representatives said. Copyright 2011 PressDemocrat.com - All rights reserved. Restricted use only.

Sonoma Mission Inn is Sonoma County’s top grossing hotel property, according to county tourism officials. Built in 1927, it features gourmet restaurants, lush gardens and a European-style spa.
Sonoma County’s hospitality sector was hit hard by the economic downturn, falling more than 10 percent in 2009. Business has improved since then, but it’s still not back to pre-recession levels.
Several Sonoma County hotels have gone into foreclosure or bankruptcy in the past two years.
Sonoma Mission Inn’s owners defaulted on a $55 million note due last Feb. 1. They’ve hired an Atlanta-based hotel brokerage to sell the property, Bloomberg reported Oct. 6.
Operations at Sonoma Mission Inn won’t be affected by the sale, Fairmont representatives said.