Now Tinder Co-founder Purchases Historic El Encanto Hotel For More Than Eighty Million Dollars

Monday, July 21, 2025

Justin Mateen, nan co-creator of nan uber-popular making love app Tinder (and his relative Tyler Mateen) and luxury recreation advisor Garrett Cayton person conscionable purchased a historical Santa Barbara, CA hotel. This legendary luxury edifice has been acquired from nan prestigious edifice group Belmond, a personnel of nan worldwide luxury elephantine LVMH for a value of $82.2 million. The acquisition is simply a monolithic alteration of guidance for LVMH successful that it is nan group’s departure from its only edifice plus successful nan United States.

Founded successful 1918, El Encanto is simply a hillside destination known for panoramic views of nan Pacific Ocean and passim Santa Barbara. The spot offers 90 individually designed bungalows nestled among lush, flowering gardens, and is frequented by immoderate of Hollywood’s astir well-know stars.

Preserving and Enhancing Historical Charm

Under nan caller ownership, El Encanto will acquisition meticulous renovations designed to heighten impermanent experiences while preserving nan hotel’s humanities integrity. The Mateen brothers, together pinch Cayton, scheme to run El Encanto arsenic an independent boutique hotel, positioning it wrong nan exclusive Leading Hotels of nan World collection.

Tyler Mateen expressed his profound appreciation for nan hotel’s authenticity, highlighting its chopped characteristic and unsocial appeal. He emphasized that nan upcoming renovations would thoughtfully respect and amplify nan property’s humanities beauty, aiming to sphere its practice for early generations.

Authentic Luxury successful a Prime Location

Garrett Cayton, affiliated pinch Coastline Travel Group and Virtuoso, praised El Encanto’s chopped authenticity and deep-rooted Californian charm. Cayton, who boasts extended acquisition visiting and recommending nan world’s finest luxury hotels, remarked that El Encanto offers a genuinely unparalleled blend of humanities richness and refined luxury. He emphasized that nan edifice epitomizes nan tone of California’s relaxed yet blase lifestyle, mounting it isolated from different luxury establishments successful nan region.

Justin Mateen underscored nan strategical value of El Encanto’s premier location adjacent Los Angeles, highlighting its convenient entree done nonstop flights from awesome U.S. cities. He noted nan hotel’s historical position arsenic a favored retreat during nan tallness of aged Hollywood glamour, emphasizing nan volition to heighten and observe this prestigious practice done dedicated finance and thoughtful refurbishment.

Comprehensive, Thoughtful Renovation Plans

The planned renewal will encompass an extended yet delicate rejuvenation of each facet of El Encanto, from impermanent bungalows to spa facilities, culinary offerings, and landscaping. The task will cautiously blend nan hotel’s old-world elegance pinch modern hospitality standards to supply guests pinch an unmatched acquisition of comfort, luxury, and nostalgia.

The renewal efforts will beryllium managed by Tyrone McKillen, a highly respected Santa Barbara-based developer pinch extended expertise successful luxury spot creation and construction. Additionally, acclaimed scenery designer Mark Rios has been appointed to heighten and revitalize nan hotel’s picturesque gardens and outdoor spaces, further elevating nan wide impermanent experience.

Minimal Disruption During Transition

Importantly, El Encanto will stay afloat operational passim nan renewal period. This attack ensures that guests tin proceed to bask nan hotel’s unsocial charm and hospitality without important disruption. Continuous improvements and subtle updates will beryllium implemented progressively, maintaining impermanent comfortableness and satisfaction.

A Vision for Future Excellence

This strategical acquisition by Justin Mateen, Tyler Mateen, and Garrett Cayton, backed by Culver Capital, signifies a dedication to reviving and enhancing 1 of California’s astir treasured landmarks. The trio’s mixed imagination focuses connected seamlessly blending historical luxury pinch modern enhancements, offering travelers an bonzer hospitality acquisition profoundly connected to nan region’s rich | taste heritage.

By revitalizing El Encanto, nan caller owners purpose to pull discerning travelers seeking an authentic Californian acquisition infused pinch elegance, history, and modern luxury.

Economic and Cultural Impact

The renewal and cognition of El Encanto are expected to supply a important economical boost to Santa Barbara. Increased tourism, employment opportunities, and section business maturation are anticipated outcomes of this eager revitalization project, reinforcing Santa Barbara’s position arsenic a premier luxury destination.