Loews Hotels: Loews, Metlife List Hollywood Hotel for $40M Discount

Unfortunately, it appears there's no more room at the Hotel California. Loews Hotels and Metlife Investment Management have listed the Loews Hollywood Hotel for sale at $125 million, roughly $40 million less what Loews paid for it in 2012. Loews acquired the 20-story, 625-key hotel, then called the Renaissance Hollywood Hotel, from CIM Group for [...]