SANTA MONICA, CA–LaSalle Hotel Properties has acquired the Viceroy Santa Monica here for $80.1 million.
Located one block from Santa Monica Beach, the 162-room full-service hotel is a conversion of the former Pacific Shores Hotel, which opened in 1967. The hotel was transformed into the Viceroy following a $20.3 million renovation in 2002. The property features two resaturants, two outdoor pools, a fitness center, a business center and approximately 2,000 square feet of meeting and event space.