Pebblebrook Hotel Trust Acquires Margaritaville Hollywood Beach Resort
September 23, 2021
Pebblebrook Hotel Trust acquired the 369-room Margaritaville Hollywood Beach Resort in Hollywood, Florida for $270 million from an affiliate of KSL Capital Partners, LLC. The oceanfront lifestyle resort will continue to be managed by Davidson Hospitality Group and becomes part of Pebblebrook's Curator Hotel & Resort Collection as the REIT seeks to expand its footprint in South Florida.
- Buyers
- Pebblebrook Hotel Trust
- Targets
- Margaritaville Hollywood Beach Resort
- Sellers
- An affiliate of KSL Capital Partners, LLC
- Industry
- Real Estate
- Location
- Florida, United States
- Transaction Type
- Divestiture
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