CA Transactions Dominated in Q2
Tuesday July 24th, 2012 - 6:58AM H
| | | | | | | | | | |
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
LOS ANGELES–Seven transactions over $10 million each or roughly 27% of the national total in the second quarter of 2012 took place in California, according to data compiled by LW Hospitality Advisors, LLC.
Heading the list was Loews Hotels & Resorts' acquisition from the CIM Group of the Renaissance Hotel & Spa in the Hollywood section of Los Angeles.
The remaining six transactions were the Marriott Del Mar in San Diego, Hilton Garden Inn San Francisco/Oakland Bay Bridge in Emeryville, Hotel Milano in San Francisco, Inn at Rancho Santa Fe in Rancho Santa Fe, Embassy Suites in Valencia and Colony Palms in Palm Springs.
Tags: • Hospitality • Ownership •
As we begin 2015, and what is expected to be a healthy year for the hotel industry with expansion, progress and innovation as key catalysts for growth, Hotel Business is right on board with that momentum, bringing you, with this issue, our own updated product.