Pebblebrook Hotel Trust PEB (the "Company") today announced that
it has acquired The Tuscan Fisherman's Wharf, a Best Western Plus Hotel
("The Tuscan") for $122.0 million. The 221-room hotel is located in the
heart of Fisherman's Wharf in San Francisco, California. The property
will continue to be managed by Kimpton Hotels & Restaurants ("Kimpton").
"We're excited about our acquisition of The Tuscan, which marks our
seventh hotel investment in the highly desirable San Francisco market
and our third in the dynamic Fisherman's Wharf submarket," said Jon
Bortz, Chairman and Chief Executive Officer of Pebblebrook Hotel Trust.
"The hotel's location is central to many popular area attractions
including Pier 39, Ghirardelli Square, and many dining and retail
See full press release
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