[LosAngelesBeauty]

^ This news is a bit uncomfy since the Chetrit Group is DEFINITELY not experienced in developing or running hotels! Give me one example that was successfully completed by them. I hope they're actively seeking another high-end hotel operator to partner with. I wouldn't mind a Thompson's actually (referring to the Hotel Chatter's comments). We'll have one in Beverly Hills and Downtown LA. Downtown LA needs to start competing with BH for higher-end clients who have money and attract money (business).