LOS ANGELES
Pebblebrook Hotel Trust recently 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.
The property will continue to be managed by Kimpton Hotels & Restaurants.
Hotel Palomar is located directly on Wilshire Boulevard, offering a diversity of demand generators and convenient access to tourist attractions, restaurants, nightlife and entertainment industry activity in Hollywood, West Hollywood, Beverly Hills, Century City, Downtown Los Angeles, Santa Monica and the Los Angeles International Airport.
Hotel amenities include a 40-foot outdoor pool and deck with poolside food and beverage service, a fitness center with floor-to-ceiling windows, a five-story, 435 space parking garage with valet parking, a 24-hour business center and in-room spa services.
The property offers eight distinct meeting rooms with over 5,000 square feet of flexible and elegant meeting space. The hotel’s signature dining concept, BLVD 16, serves three meals a day and features home-style American cooking and specialty handcrafted cocktails.
The acquisition of the Hotel Palomar brings the total number of properties in Pebblebrook's portfolio to 33 and marks its fifth investment in Los Angeles.