Entity Associated with Larry Ellison Pays $345MM for Incline Village Hyatt Regency
By Vladimir Bosanac
The natural, year-round beauty of Lake Tahoe has for decades attracted visitors from around the world and in droves from Bay Area cities. Now, one of the...
Ventana in Big Sur Sells for $148MM, or $2.5MM per Key
Achieves record $2.5 million per-key price for a North American resort
SAN FRANCISCO, June 17, 2021 -- Geolo Capital, the private equity investment arm of the John Pritzker family office,...
KSL Expands Hotel Acquisitions With a Purchase in Truckee for $30MM
By Jon Peterson
Interest in some hotel properties has been very high in the last year or so, as the impact on the industry from the COVID-19 pandemic bifurcates the market...
Irvine-Based Sunstone Hotel Investors to Pay $177.5MM for Four Seasons in Napa Valley
By Vladimir Bosanac
As the hotel industry continues its climb from the effects caused by the global COVID-19 pandemic, the California hotel sector is hitting record numbers. In one transaction,...
Alila Ventana Big Sur Sells Again After 3 Months, Reaching $150MM
By Vladimir Bosanac
After just three months of ownership, Hyatt Hotels Corporation has flipped the 59-room Alila Ventana Big Sur for $150 million, or around $2.608 million per room. This price...
PropTech: Prescient Leverages Replicability of Hospitality and Multifamily Development to Create Efficiencies in Construction
By Meghan Hall
As construction costs continue to rise, new tech is evolving in an effort to streamline processes and budgets. At Prescient, a hospitality- and multifamily-focused company, the goal...
Pebblebrook Hotel Trust Executes Contract to Sell Villa Florence San Francisco for $87.5MM
By Meghan Hall
Maryland-based Pebblebrook Hotel Trust has executed a contract to sell the Villa Florence San Francisco on Union Square Hotel. According to a statement from the company, the...
Park Hotels & Resorts Enters Contracts to Sell Two San Francisco Hotels for $303.5MM
TYSONS, Va., July 13, 2021 -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that it has entered into two separate, definitive contracts to sell the 360-room Le Meridien...
Rosewood San Francisco to Open in 2026
F4 Transbay Partners appoints ultra-luxury hospitality brand to open hotel in the Transbay District’s final skyscraper development
(SAN FRANCISCO) - Rosewood Hotels & Resorts® has been selected by F4 Transbay Partners (F4), a...
San Francisco Hyatt Regency To Undergo $50MM Redevelopment and Rebranding
SAN FRANCISCO (June 29, 2021) – Andrew Casperson, Senior Vice President of Operations of the hotel currently known as the Park Central Hotel, has announced that the hotel will undergo an...
