L.A. nightclub owner to launch luxury hotel chain

04/3/2007 | Los Angeles Times (tiered subscription model)

Sam Nazarian, the entrepreneur behind such trendy Los Angeles nightclubs as Hyde Lounge and Area, is planning a new brand of luxury hotels. The new chain, called SLS Hotels, will debut in early 2008 with the SLS Los Angeles, formerly Le Meridien at Beverly Hills, and Nazarian says he hopes to launch five hotels in five years.

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