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Pebblebrook Hotel Trust (PEB) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Pebblebrook Hotel Trust (NYSE: PEB)
Q1 2021 Earnings Call
Greetings, and welcome to the Pebblebrook Hotel Trust first quarter earnings conference call. [Operator Instructions]
It is now my pleasure to introduce your host, Mr. Raymond Martz, Chief Financial Officer. Thank you, sir. Please go ahead.SPONSORED:
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New Boutique Hotel The Alton Readies for Opening in Old Holiday Inn at Fisherman s Wharf (With New Restaurant on the Way)
Fisherman s Wharf is gaining a new boutique hotel managed by the Kimpton group, in one half of what was formerly a Holiday Inn at 495 Beach Street.
It seems that plans may be temporarily scaled back from what was previously reported in January 2020. At the time, we learned that Westbrook Partners had purchased the entire multi-building Holiday Inn complex and converted half of it into the 248-room Hotel Caza, which is managed by Highgate and faces Jones Street. The triangular property bound by Columbus, Jones, and Beach Streets meanwhile is becoming The Alton, which opens May 14 with 248 newly renovated rooms, managed by Kimpton and owned by Walnut Creek-based DiNapoli Capital Partners, as the SF Business Times reports.