Pacifica Companies completes La Valencia deal

On Monday, Pacifica Companies announced it had completed the acquisition of the La Valencia Hotel through its hotel ownership division, Prospect Hospitality LP.

Structural repairs at the La Valencia will be followed by interior rennovation. Photo: Dave Schwab


Pacific has managed the hotel since September 2010, when it acquired the option to opurchse the landmark hotel. The company has announced plans for a $10 million dollar renovation of the property, which will include updating guest rooms, food and beverage outlets, meeting space and spa. Work is expected to stat later this year, following exterior and structural work started in 2010.

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Posted by Staff on Sep 26, 2011. Filed under La Jolla, News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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