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Hotel Solamar in San Diego sold to LaSalle Hotel Properties

Hotel SolamarSan Diego’s chic Hotel Solamar has been sold for $87 million. The property only opened in the Gaslamp Quarter in April of last year and the deal follows a strong recovery in the San Diego hotel industry since 9/11. The sum paid equates to around $370,000 per room, similar to the amount recently paid by Sunstone Hotel Investors for W San Diego.

Paul Johnson

Paul Johnson is Editor of A Luxury Travel Blog and has worked in the travel industry for more than 30 years. He is Winner of the Innovations in Travel ‘Best Travel Influencer’ Award from WIRED magazine. In addition to other awards, the blog has also been voted “one of the world’s best travel blogs” and “best for luxury” by The Telegraph.

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