California Hotel Investments

California Hotel Investments

California Hotel Investments

Hotel Equity Fund -West Hollywood CA Hotel Investments

West Hollywood CA – Hotel Market Report 2020

West Hollywood CA is a star in the U.S. hotel market. Of course, the city’s high-end options – its luxury sector – are just one example of the top-rated properties in West Hollywood.

This upscale lodging is designed to pamper guests with a spa experience, the ultimate amenities, and utmost in convenience. These spectacular hotels are the perfect hideaway and ideal place for luxury dreams.

The famous Sunset Strip is not a stranger to such luxurious accommodations. Therefore, West Hollywood will always attract guests from around the world who appreciate grand spaces and excellent service.

Travelers who have a passion for design, entertainment, and advertising seek out accommodation in this market. West Hollywood is not only upscale but it is also an extremely vibrant and dynamic marketplace.

West Hollywood is home to different types of hotels including accommodation which combines traditional luxury and a boutique element with “lifestyle” hotels in unique neighborhoods. In fact, West Hollywood first defined the “boutique hotel” with the origins of that lodging category in 1996.

Its present hotel options cover a variety of styles including game-changing retail/residential/hotel complexes, luxury urban resorts, and several other lodging types.

Visitors to West Hollywood hotels can enjoy everything from rooftop pool venues, private event spaces, and professional party planning, to relaxing spas, garden oasis, first-class fitness sessions, and state-of-the-art technology, to glamorous cocktail parties, and a ballroom with city views, etc.

West Hollywood hotels offer stunning vistas – the Hollywood Hills, Sunset Strip, and Downtown Los Angeles. Their menus offer the best in local and regionally sourced food; guests can enjoy sumptuous fine dining or delicious casual meals.

There has been a recent increase in the numbers of hotels in the Sunset Strip area. Extra lodging brings more people – and even more vitality – to the neighborhood. Of course, the West Hollywood market can always handle and absorb new supply.

The Strip has adapted to reflect modern times and today’s influences. Sunset Boulevard is experiencing a cultural rebirth, but there is an ever-present nod to its outstanding history; music lovers can still find a legendary “rock ‘n’ roll” hotel.

There is no doubt, however, that the billions of dollars put into recent real estate developments in the vicinity have definitely made quite a positive economic impact. There has been an influx of restaurants, apartments, and hotels into We-Ho. As well, this famous area has become revitalized with a new energy and diverse character.

The West Hollywood hotel sector saw a 15.1% rise in 2018 revenue reaching a total of $219 million. Overall demand was up by 13.5% in 2018 over the previous year.

During 2019, the average room rate in West Hollywood was more than $300 a night; this rate has grown steadily especially within the past five years. Hotel room tax generates the largest single revenue for the City of West Hollywood.

Travelers to Southern California (especially to Los Angeles) like to have their base in West Hollywood. After all, Beverly Hills (with its world-class shopping) is the We-Ho adjacent community.

Of course, there are also the beaches; tourists can get to the beaches of Venice, Santa Monica, Manhattan, and Malibu in just 20 minutes.

Not to mention the Hollywood attractions; the Hollywood Walk of Fame and Mann’s Chinese Theater are only two miles to the east.

Visitors can easily access LA’s gourmet dining and nightlife, as well as its fashion, art, culture, and entertainment – and just all the excitement and opportunities the nearby City of Angels has to offer everyone.

Since West Hollywood is in such a prime location situated between Beverly Hills and Hollywood, its visitors can easily take in the evolving LA scene. Yet you can always find a touch of Old Hollywood glamour in West Hollywood with its overall vibe, splendid architecture, classic appeal, and timeless attraction.

The West Hollywood neighborhood has its own local attractions including superb dining, charming shops, boutique stores, vintage spots, a design center, and much more. The spotlight always shines on this fabled district.

West Hollywood allows visitors to enjoy everything LA has to offer, but We-Ho has its own unique identity and one-of-a-kind experiences for travelers.

Within West Hollywood’s chic and charming hotels, tradition and style blend together creating a harmonious space.

As they enjoy personalized service, their guests can also savor the sights, sounds, and tastes of these local gems that offer a global experience of the highest standards.

West Hollywood hotels are a “must-stay” for all travelers who want a magical hotel experience.

HOTEL EQUITY FUND INVESTMENT PARTNERS

 

Acquisitions and Investments

Hotel Equity Fund is one of the top hotel investment in Europe, and now expanding to New York City, West Hollywood CA, South Beach Miami Florida, Chicago, San Francisco, Washington DC, London, Paris, Berlin, Toronto, Jerusalem and Tel Aviv Israel, with results that have consistently bested industry averages. Much of this success is a direct result of our focus on investor returns, individual assets, and aligning management with the individual needs of owners. Our combination of strong capitalization through Hotel Equity Fund, and a strong track record of experience offer a level of credibility that is nearly unmatched in the industry.

 

 

Investment Criteria

We are aggressively seeking new properties in New York CityWest Hollywood CASouth Beach Miami Florida, ChicagoLos Angeles, San FranciscoWashington DCLondon UKParis,  BerlinToronto ONMontréal Québec, Israel including Tel Aviv and Jerusalem, and feel that our centralized operation of business in New York offers the very type of responsiveness, professionalism and capital resources the industry has been seeking. Please click here to review the investment criteria.

 

Development Opportunities

Our Hotel Equity Fund owned hotel and resort development subsidiary, Hotel Equity Fund Development, has extensive experience in resort, hotel, and golf course development, with recent hotel development and hotel redevelopment projects totaling over $2 billion. Our projects are well known for meeting market demand and for attention to both design and operating detail. Our culture of “listening to the customer” is at the heart of our development process and has allowed properties to excel in both operating performance and value retention.

 

Boutique Hotel Investments

Boutique hotels, also known as lifestyle hotels, vary in shape and size; however, all boutique hotels rely heavily on creative energy and highly personalized service to compete in the overall hotel industry.

Hotel Equity Fund is a respected financial hotel investment firm, utilizing hotel equity funds to assist its hotel real estate developers and partners in gaining favorable returns on their investments. Hotel Equity Fund works with a range of hospitality firms to increase the efficiency and effectiveness of individual hotel properties, ranging from boutique hotels with excellent F&B, premium brands to mid to up-scale well-located properties.

Since 1980, the Hotel Equity Fund and Hotel Equity Fund Partners Investment Program have invested over $2 billion into quality hotel real estate properties with aggregate transaction capitalization of nearly $3 billion. By partnering experienced advisors with each investment partner, Hotel Equity Fund ensures that each property is equipped with a creative vision and practical management plan to achieve long-term financial sustainability and success.

 

Hotel Developments & Acquisitions

Hotel Equity Fund routinely assesses joint venture development opportunities which provide long-term alignment of interests for both Hotel Equity Fund and prospective partners in New York CityWest Hollywood CASouth Beach Miami Florida, Chicago, Los AngelesSan FranciscoWashington DC, Toronto Canada, LondonParis, Jerusalem and Tel Aviv Israel.

Experienced, multi-brand, investment-grade hotel developers, Hotel Equity Fund will take a project from dirt or acquiring an Landmark Building for hotel conversion to a stabilized hotel through hotel disposition. Offering a variety of hotel investment services, our specialized team can meet your unique hotel project requirements including, but not limited to, the following:

 

  • Assist in hotel site selection and property evaluation.

 

  • Evaluate benefits of and selection from available boutique brand or a national brands.

 

 

 

  • Make recommendations regarding legal entity and JV agreement options.Prepare preliminary hotel construction cost estimates.

 

  • Offer professional market study or appraisal recommendations.

 

  • Assist in selection and coordination of attorney, architect, civil engineer, project manager, general contractor,

 

  • FF&E procurement and interior design.

 

  • Provide construction, financing, permanent debt, refinancing and disposition roles.

 

  • Execute long-term management contract services.

Hotel Equity Fund’s proven investment methods mitigate risk and encourage success, combining our investment and management fluency with the strength and potential of partner assets. If you would like to read more about the positive impact we have made with our hotel equity fund, please explore the entirety of this website.