Thursday, December 2, 2021

Hotel del Coronado Part of $6.5 Billion Acquisition Bid by Chinese Insurance Company

del_photo_aerialThe Loews Santa Monica Beach and the historic Hotel del Coronado near San Diego are being acquired by a Chinese insurance company as part of a $6.5-billion deal.

Read the entire LA Times story here.

Forbes:  Who Is Starwood Bidder China’s Anbang Insurance Group?

Editor’s Note:  This deal has not finalized yet.  More information will be available when it’s released.



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Coronado Times
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