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« What Does a Nudist Resort, Mid-Century Hotel and Former Brothel Have in Common? | Blog Home | Conventional Spending »

March 13, 2007

New Owner, Same Hotel

Looks like the 198-room Embassy Suites Palm Desert (across from Del Taco and near Dairy Queen and Panda Express ... I live according to landmarks) has been bought by Illinois-based investors Shamrock-Hostmark Hotel Fund LP.

According to a release from the company which didn't reveal the price paid, its the firm's fourth hotel - others are in Texas, Florida and New Jersey.

-- KIMBERLY PIERCEALL
kpierceall@PE.com

Posted by Kimberly Pierceall at 1:48 PM, March 13





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