Jul
31
Starwood Capital Nabs West Hollywood Hotel
ByThe new 286-key property will ultimately be renamed 1 West Hollywood and become the fourth property in the chain’s award-winning, eco-conscious, luxury sustainable brand.
Starwood Capital Group has acquired The Jeremy West Hollywood Hotel, a newly constructed 286-key hotel in West Hollywood, Calif., from the CIM Group for a reported $280 million.
Although it will open this August as The Jeremy Hotel—over the course of the next year—it will be renamed as 1 West Hollywood and will become the fourth property in Starwood Capital’s award-winning eco-conscious luxury sustainable brand…