Former Ace Hotel in downtown L.A. reopens as ‘Airbnb on steroids’

Former Ace Hotel in downtown L.A. reopens as ‘Airbnb on steroids’

The former Ace Hotel in downtown Los Angeles, which helped lead an economic revival on a historic stretch of Broadway a decade ago, has reopened as a minimal-service operation akin to Airbnb,... Read more »
Las Vegas’ Mirage Hotel & Casino pays out final jackpots: .6 million

Las Vegas’ Mirage Hotel & Casino pays out final jackpots: $1.6 million

Loose slots will take on a different meaning in the final week of the landmark Mirage Hotel & Casino. Before the 34-year-old Las Vegas Strip institution permanently shuts its doors on July... Read more »
Ty Warner’s Four Seasons Hotel NY Reopens As City’s Priciest Stay

Ty Warner’s Four Seasons Hotel NY Reopens As City’s Priciest Stay

The hotel is reestablishing itself as the city’s priciest hotel, with rates reaching $80,000 per night for its opulent Ty Warner penthouse suite, the “New York Post” reported Thursday. Whether it’s refining... Read more »
Kali Hotel Slated to Open in 2026 at Hollywood Park

Kali Hotel Slated to Open in 2026 at Hollywood Park

KPC Development Company has launched Kali Hotel and Rooftop, Autograph Collection, a lifestyle hotel at Hollywood Park in Inglewood. Located at 3737 Stadium Dr., the 300-key hotel reportedly is the only hotel permitted within the... Read more »
Sixty Collective Again Extends Loan on Beverly Hills Hotel

Sixty Collective Again Extends Loan on Beverly Hills Hotel

Sixty Collective keeps collecting extensions on a $38 million loan tied to its Sixty Beverly Hills hotel. The New York-based hospitality firm run by brothers Jason, Larry and Michael Pomeranc secured its... Read more »
Shopoff OK to Build Homes and Hotel in Huntington Beach

Shopoff OK to Build Homes and Hotel in Huntington Beach

Shopoff Realty Investments got the nod to build 250 homes and a 215-room boutique hotel atop a former oil tank farm in Huntington Beach. The Irvine-based developer led by Bill Shopoff was... Read more »
Universal City hotel expansion project clears city’s first hurdle

Universal City hotel expansion project clears city’s first hurdle

Construction of a new high-rise addition to the Hilton hotel in Universal City was approved by the Los Angeles Planning Commission, clearing a major hurdle for the long-planned expansion. The decision comes... Read more »
Gencom Makes NYC Debut with Deal for Thompson Central Park Hotel

Gencom Makes NYC Debut with Deal for Thompson Central Park Hotel

Miami-based investment firm Gencom acquired the 42-story Thompson Central Park, a 587-key hotel centrally situated on Manhattan’s Billionaires’ Row. At a purchase price reportedly north of $300 million, the deal marks Gencom’s debut... Read more »
Douglas Elliman to Market Units at Century Plaza Hotel

Douglas Elliman to Market Units at Century Plaza Hotel

Douglas Elliman has been tapped to market for lease the Fairmont Residences at the Reuben Brothers’ Century Plaza development in Century City.  The 56 hotel-branded apartments will only be available for lease,... Read more »
Historic Sportsmen’s Lodge hotel in Studio City may be demolished for 520-unit apartment complex

Historic Sportsmen’s Lodge hotel in Studio City may be demolished for 520-unit apartment complex

The historic Sportsmen’s Lodge in Studio City could be demolished to make way for a 520-unit residential complex and mixed-used development if the Los Angeles City Council approves the project Wednesday. Proponents... Read more »