AEG completed the hotels in 2010 at a cost of about $1 billion. AEG is looking for a partner with deep experience in the hotel industry, Vice Chairman Ted Fikre said. In 2018, AEG proposed a $700-million addition to the hotel complex to include a 37-story hotel tower with 861 rooms. It would be built just south of L.A. Live’s Regal cinemas and would be connected by pedestrian bridges to the existing JW Marriott. The hotel expansion would also add 150,000 square feet of meeting space, including a 51,000-square-foot ballroom that AEG says would be the largest in Los Angeles.

Source: Los Angeles Times January 25, 2022 04:13 UTC