Westside Hotel Market Expanding
We still don’t have a business plan for the proposed UCLA hotel/conference center. But it is important to note that as the economy recovers, private hotel developers may add competitive capacity to the Westside market. For example, a 285-room hotel is planned in Santa Monica at 7th Street and Wilshire, essentially a conversion of an existing office building.
Details of the project are at:
http://www01.smgov.net/cityclerk/council/agendas/2012/20120320/s2012%200320%207-A.pdf
http://www01.smgov.net/cityclerk/council/agendas/2012/20120320/s2012%200320%207-A-1.pdf
http://www01.smgov.net/cityclerk/council/agendas/2012/20120320/s2012%200320%207-A-2.pdf
Some guests at UCLA events might even prefer to stay in Santa Monica:
[youtube=http://www.youtube.com/watch?v=x6CtZ4VkvgQ&w=320&h=195]