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Pebblebrook Acquires Hotel Palomar LA for $78.7 Million

Pebblebrook Acquires Hotel Palomar LA for $78.7 Million

BETHESDA, Md.—Pebblebrook Hotel Trust has acquired the Hotel Palomar Los Angeles – Westwood for $78.7 million. The 264-room, upper upscale, full-service boutique hotel is located in the Westwood neighborhood of Los Angeles, Calif. The property will continue to be managed ...

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Value Place Expands into Chicago with 15 Hotels

Value Place Expands into Chicago with 15 Hotels

CHICAGO—Value Place has signed a long-term development agreement with Holladay Properties to build multiple hotels in the Chicago area. The South Bend, Indiana-based Holladay Properties has entered into a development agreement with Value Place Franchise Services to develop 15 hotels ...

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Tennessee Margaritaville Island Hotel Opening January

Tennessee Margaritaville Island Hotel Opening January

PIGEON FORGE, Tenn.—The new Margaritaville Island Hotel, located in Pigeon Forge on The Island, a shopping, dining, and entertainment complex, has opened phase one of the hotel with 55 guestrooms and suites. The grand opening of the 132-room property and ...

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Live! Hotel & Casino Awarded Gaming License in Philadelphia

Live! Hotel & Casino Awarded Gaming License in Philadelphia

BALTIMORE and BENSALEM, Pa.—The Pennsylvania Gaming Control Board has awarded the final Category 2 gaming license in the City of Philadelphia to The Cordish Companies and Greenwood Gaming and Entertainment Inc. for their proposed Live! Hotel & Casino Philadelphia project. ...

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