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Heritage Hotels to acquire Eldorado

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Posted: Saturday, May 3, 2014 12:00 pm

The Eldorado Hotel & Spa, Santa Fe’s largest hotel, which was originally developed by the late Manhattan real estate scion Bill Zeckendorf Jr., is under contract to be sold to Heritage Hotels and Resorts, a New Mexico-based company that prides itself on owning properties that promote local culture and history.

Based in Albuquerque, Heritage Hotels and Resorts opened Hotel Albuquerque, originally called Sheraton Uptown, in 2005. It has since taken over The Lodge at Santa Fe, formerly the Radisson, as well as Hotel Chimayó and Hotel St. Francis, both near the Santa Fe Plaza.

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