The Getaway

Carmel-by-the-Sea, CA

The Getaway - Carmel, CA

The Getaway is a casual and vibrant re-birth for one of Carmel’s most prominently located boutique hotels.

The Getaway is a 34-room boutique hotel in Carmel-by-the-Sea, California. Located at the corner of Ocean Avenue and Junipero, the property was acquired by Meriwether in early 2017. The hotel was closed in late 2017 to fully renovate all guest rooms and common areas, including the addition of a fireside patio overlooking the Village of Carmel. The renovated property features gas fireplaces in each room and, along with its sister property The Hideaway, positioned for long term success in one of California’s strongest tourism markets.

The property was sold in 2022 and generated significant financial returns for investors, including an IRR in excess of 20%.

Property Details

Type: 34 room boutique hotel.
Status: Complete, Past Project
Engagement: Sponsor
“Only a few blocks from The Hideaway - our first hospitality property in Carmel - The Getaway was a natural extension of Meriwether’s success in Carmel-by-the-Sea and created an opportunity to exit both properties in a portfolio sale.”
Graham Culp
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