The Redbury Hotel in Calif. is sold for $34 million

08/13/2013 | TravelPulse

The Redbury Hotel in Hollywood, Calif., has been purchased by Pebblebrook Hotel Trust for $34 million. The 57-room, all-suite property recorded 84% occupancy in 2012 as well as revenue per available room of $230 and average daily rate of $274.

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