hilton la jolla torrey pines
Braemar Hotels & Resorts Closes Sale of Hilton La Jolla Torrey Pines for $165M
Braemar Hotels & Resorts | July 18, 2024
DALLAS, July 18, 2024 -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has closed on the previously announced sale of the Hilton La Jolla Torrey Pines for $165 million ($419,000 per key). Including anticipated capital expenditures of $40 million, the sale price represents a 7.2% capitalization rate on net operating income for the trailing twelve months ended March 31, 2024. The Company continues to evaluate the sale of two more hotels, subject to market conditions, to be completed in 2024 and 2025, respectively. "We are pleased to announce the closing of the sale of the Hilton...
Mario Thompson Appointed as Area Director of Sales and Marketing for Three San Diego Area Hilton Hotels
Hilton San Diego Bayfront | August 29, 2018
SAN DIEGO - Hilton San Diego Sales Complex has appointed Mario Thompson to the position of area director of sales and marketing for Hilton San Diego Bayfront, Hilton La Jolla Torrey Pines and DoubleTree by Hilton San Diego - Mission Valley. Thompson most recently served as the director of sales and marketing at the 757-room Hilton Baltimore. Mario joined Hilton in 2009 as a senior sales manager for the corporate and pharmaceutical markets at the 1249-room Hilton Atlanta. During his tenure at the downtown hotel, Thompson was promoted to assistant director of sales in 2011, and then to the director of sales position in 2012. In 2013, Mari...
