Tuesday, November 9, 2010

Hotel Monaco Bought

This may be old news, but it escaped us - Hotel Monaco has been bought by Pebblebrook Hotel Trust, a Real Estate Investment Trust that specializes in hotels.  The hotel will continue to be managed by Kimpton, however.

Pebblebrook reportedly bought the hotel for for $74 Million.  They also own the Doubletree in Bethesda and three other hotels in California, Georgia, and Minnesota.

2 comments:

  1. If you're looking for a place to stay, it's easy enough these days to search an online booking service and find a list of hotels ranked by price, with helpful-sounding star ratings attached.

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  2. To be able to save on your travel, book your reservation at least 21 days. Hotels offer lower rates for early bookers.

    ReplyDelete