Since Carmel Valley celebrated its Centennial in 1989, world-class hotels have been emerging along its rural country road. Stonepine Estate Resort at the upper end of Carmel Valley Road which opened in 1987 has become a world-renowed hotel as has the Bernardus Lodge, a new luxury spa resort at the corner of Carmel Valley Road and Laureles Grade. Carmel Valley Ranch, a truly unrivaled destination among Carmel hotels and resorts, is renowned for its premier golf and tennis. Blue Sky Lodge and Country Garden Inns (which encompasses Acacia Lodge and Hidden Valley Inn) have been the backbone of lodging here for many years.