Sam Nazarian Buys Palihouse Hollywood But Will It Become an SLS Hotel?
Sam Nazarian officially has his hands full.
Aside from owning a string of Hollywood nightclubs and restaurants, the SLS Hotel, The Sahara Las Vegas and finishing construction on the SLS Miami not to mention at one point juggling a relationship with "actress" Kristin Cavalleri, he's now the new owner of what was to be the Palihouse Hollywood, a sister property to the Palihouse Holloway in West Hollywood. The LA Times reports:
Nazarian, perhaps best known for his trendy nightclubs catering to the young and stylish, will finish the hotel to suit his own taste before plunging into the competitive Hollywood hospitality market. Among his competition will be the juggernaut W Hollywood Hotel & Residences, which opened just a block away on Hollywood Boulevard in January.
Nazarian also told the paper that the hotel has no name or concept yet so we don't know yet if this will be another SLS Hotel. We think it probably won't be since SLS is technically a Starwood brand and Nazarian is looking to open this property and its restaurant within three to four months. Dayum!
As for Palihouse Hotels, this is a sad end to a bright expansion plan. There was also plans in the works for a Palihouse Venice hotel but we doubt that will ever open now.
[Photo: LA Times]