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NEWS | Starwood sells W Los Angeles–Westwood to Pebblebrook Hotel Trust

Starwood Hotels & Resorts Worldwide, Inc. has completed the sale of W Los Angeles–Westwood to Pebblebrook Hotel Trust for USD 125 million. As part of the sale, Pebblebrook has agreed to continue with the planned property renovations to expand and re define the hotel’s living room,
bar and public spaces. Starwood has entered into a 40-year management agreement to continue operating the hotel under the W flag. “We continue to pursue opportunities to sell our owned real estate at the right time to the right owners in the best interest of shareholders,” said Simon Turner, President, Global Development, Starwood Hotels & Resorts Worldwide, Inc.

 “We already have a great working relationship with Pebblebrook Hotel Trust on The Westin Gaslamp Quarter, San Diego, W Boston and Sheraton Delfina Santa Monica, and are pleased to expand our partnership with this iconic property,” Turner added. The property is a full-service, luxury property with 258 modern, spacious suites; a SWEAT state-of-the-art fitness centre; a 7,000 square foot Bliss Spa; The Backyard restaurant and WET, a heated outdoor pool; among others. “We are thrilled to again be partnering with Starwood at W Los Angeles -Westwood. We look forward to future success together as we continue to improve

  Source


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