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Hotel sign on top of a building
FinanceHospitalityIndustry NewsLos Angeles

Dauntless Capital Sells Pasadena Residence Inn for $65MM at $451,000 Per Key

Houston firm clears a 26 percent markup on a hotel it bought in 2021, defying a slumping Los Angeles hospitality market Dauntless Capital...

Hotel pool with palm trees and seating area
FinanceHospitalityIndustry NewsLos Angeles

Khanna Enterprises Acquires 469-Room Westin Long Beach for $42MM at Steep Discount

Irvine-based hotel operator picks up downtown convention hotel from Rockpoint and Highgate at roughly half its 2017 price tag Irvine-based Khanna Enterprises has...

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