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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...

IHG to Develop InterContinental Hotel in Downtown Los Angeles

ATLANTA—InterContinental Hotels Group announces the signing of a new 900-room InterContinental Hotels & Resorts property in downtown Los Angeles, Calif. The luxury hotel will...

Los Angeles Lacks Sufficient Lodging

Although Los Angeles County has broken its own record for annual visitors three years in a row, it's losing ground to rivals in Orlando,...

R.D. Olson to Reposition LAX Office Building

IRVINE, Calif.—R.D. Olson Construction is commencing construction on a $44.5 million hotel project, the Residence Inn by Marriott at Los Angeles International Airport (LAX)...

The Line L.A. Hotel to Utilize EB-5 Financing

BEVERLY HILLS, Calif.—NMS Capital Group, a Beverly Hills based financial services firm, announced that its wholly-owned subsidiary, NMS Capital Securities has been engaged as...
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