Travel

Pebblebrook Plans to Sell $1 Billion in Assets After Buying Hotel Real Estate Competitor

Facebook via Park Central Hotel New York

Pebblebrook intends to sell the Park Central Hotel New York shortly after it finishes its merger with the Park Central’s owner, LaSalle. Facebook via Park Central Hotel New York

Skift Take: Consolidation in the hospitality industry continues, as does the selling of real estate assets.

— Deanna Ting

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