Pacifica Host Acquires Aloft Ontario-Rancho Cucamonga

. February 21, 2011

February 17, 2011 - San Diego-based Pacifica Host Hotels announced today it has completed the acquisition of Aloft Ontario-Rancho Cucamonga in Rancho Cucamonga, Calif. Located minutes from the Ontario Convention Center and north of the Ontario International Airport, the urban-inspired hotel provides a fresh contemporary way for business and leisure travelers to enjoy sunny southern California.

Celebrated as the first Aloft hotel to debut in the U.S. in June 2008, Aloft Ontario-Rancho Cucamonga boasts 135 loft-like rooms, intuitive and accessible technology and a vibrant, social atmosphere. The hotel is in close proximity to shopping, restaurants and sports venues, including Ontario Mills Mall and Citizens Bank Arena, and provides easy access to Ontario International Airport. Guests can meet at re:mix lounge or w xyz(SM) bar and experience acoustic guitar performances on Wednesdays and DJ Diva nights on Thursdays; relax at Splash outdoor swimming pool; and work out at the spacious re:charge(SM) fitness center.

“We are excited to announce the acquisition of our first Aloft hotel and new relationship with Starwood Hotels & Resorts Worldwide, Inc.,” said Ash Israni, Chairman of Pacifica Companies. “Aloft Ontario-Rancho Cucamonga further diversifies and invigorates our portfolio of hotels with one of the fastest growing and most successful brands in the industry and increases our presence in southern California.”

Pacifica Host Hotels is the hotel ownership and management arm of Pacifica Companies. Its portfolio comprises more than 30 properties in Arizona, California, Florida, Texas and Utah and represents brands such as Marriott, Hilton, Crowne Plaza, Holiday Inn, Holiday Inn Express, Wyndham and Best Western. Other assets include independent properties at the Grand Canyon, on Catalina Island, in San Diego and Florida.

About Pacifica Companies
Founded in 1978, Pacifica Companies is a privately held, vertically integrated real estate developer, owner, investor and investment manager. The company has grown exponentially over three decades due to an unwavering commitment to opportunistic investing, maintaining high levels of liquidity, and having a knack for finding the right real estate at the right price. Pacifica has used this skill set to successfully partner with pension funds, institutional banks, investors, and real estate funds for strategic real estate investing ventures.

Pacifica's vast real estate portfolio includes hotels, mixed use projects, development projects, master planned communities, office, industrial buildings, retail shopping centers, senior housing assets, single tenant leases, multifamily for rent and sale projects and single-family communities throughout the United States, Mexico and India. For more information about Pacifica Companies, please visit www.pacificacompanies.com

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