Pebblebrook Hotel Trust and Margaritaville Enterprises LLC announce the 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.
“We are excited to announce our second hotel in affiliation with Margaritaville in San Diego,” said Jon E. Bortz, Chairman, President and Chief Executive Officer of Pebblebrook Hotel Trust. “The downtown location in San Diego’s famed Gaslamp Quarter will provide convention goers, leisure guests and corporate travelers a unique experience in very close proximity to the city’s dining, entertainment and retail venues. We look forward to taking advantage of this ever-growing lifestyle affiliation, while also benefiting from operating synergies we believe will assist in significantly lifting the financial performance of this extremely well-located asset. The Gaslamp Quarter property will be a terrific complement to our Margaritaville Island Resort San Diego which was announced last year.”
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.