Hacienda Hotel in L.A. sells for $26.9 million

The Hacienda Hotel in Los Angeles has been purchased by real-estate firm Rubicon Cos. for $26.9 million. The new owner reportedly plans to rebrand the 640-room property, which includes 25,000 square feet of meeting space, a pool, a spa and dining venues. Read the HotelsMag.com story here.

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