Pebblebrook Hotel Trust (NYSE: PEB, “Pebblebrook” or “the Company”) and Margaritaville Enterprises LLC announced the global lifestyle brand’s second west coast resort, The Margaritaville Hotel San Diego Gaslamp Quarter. The property is expected to open in 2021 in downtown San Diego, California.
Located in the heart of the Gaslamp Quarter, just blocks from Petco Park and the San Diego Convention Center, the hotel will feature 235 guest rooms as well as signature Margaritaville food and beverage concepts. Travelers can immerse themselves in the excitement of the city while staying in a truly urban oasis of laidback luxury.
The site of the property is currently home to Solamar Hotel. Following extensive renovations and a full conversion of the existing hotel, estimated at approximately $20.0 million, the Margaritaville Hotel San Diego Gaslamp Quarter will feature spaces reflecting the Margaritaville state of mind.
Pebblebrook acquired the Solamar Hotel in 2018 and will assist with the transition along with the resort’s current management company, Davidson Hotels & Resorts. Davidson Hotels & Resorts will operate the property as Solamar Hotel until the hotel is reflagged and will continue to manage the property following the completion of the renovation and rebranding program.