:
US: Gemstone Hotels & Resorts has assumed management of the 43-room Maison 140 hotel, in Beverly Hills, California.
The hotel was recently was acquired by the Chadha Family Trust which also owns the nearby Mosaic Hotel. Gemstone will now manage both hotels.
Gemstone principal Thomas Prins said: “Maison 140 is an outstanding addition to Gemstone’s growing collection of ‘one-of-a-kind’ hotels in top destination markets with high barriers to new entry. With the addition of this lifestyle hotel, we now can meet the needs of a different demographic: the younger, Beverly Hills visitor who is looking to sample all that the city has to offer, from a convenient, stylish hotel.”
Sandip Chadha, managing member of his family’s trust, said: “The hotel’s recent renovations, coupled with the synergies inherent in having a nearby sister property with a similar aesthetic, make this a logical additional to our portfolio. Based upon our results at The Mosaic Hotel, I’m confident that Gemstone will be able to expand upon the tremendous success of this very popular hotel and quickly attain the next level of exceptional customer experience and profitability in this very competitive hotel market.”
Located at 140 Lasky Drive in Beverly Hills, Maison 140 was built in 1939 as residential apartments owned by silent film star, Lillian Gish.
www.maison140BeverlyHills.com
www.gemstoneresorts.com
