Even more interesting about this story is that for all the chatter about this project adding downtown LA rooms at just the right time -- Travel Weekly talks about the great growth of revenue per room in LA -- the City of Angels will actually come out of with about 375 less hotel rooms (the original Wilshire Grand had 1,275 rooms whereas the new hotel will have 900).
That said, something tells us the room rate thing will work itself out naturally, given the likelihood that the new hotel will be a pricey stay when it's all said and done. Should we take bets on what the rates will be? The hotel will feature a sky lobby on the 70th floor along with a restaurant, bar, and infinity pool. The exterior will be all decked out "Times Square style" with lights and advertisements.
To be honest, whether it's $100 or $300 a night, we're happy to see more renovations taking place in the downtown area. Anyone who's stayed or visited in the past few years knows it's been slowly gaining steam, and it's great to see the trend continue.
Photo: [Rendering via LADowntownNews.com and archicentral.com ]