Pacifica Host Hotels Opens Hampton Inn & Suites Arroyo Grande, CA
August 9, 2011 - San Diego-based Pacifica Host Hotels announced today it has completed construction and opened the brand new Hampton Inn & Suites Arroyo Grande near Pismo Beach, California. The Hampton Inn & Suites is ideally located on California's Central Coast, halfway between San Francisco and Los Angeles.
This hotel has been of great interest in the community as progress was halted midway through construction and the hotel sat unfinished for almost a year. Pacifica purchased the hotel in May and, with the help of Hilton Hotels, rapidly completed the hotel and opened on Friday, July 29th.
“We are thrilled to announce the opening of the Hampton Inn & Suites Arroyo Grande and our increased presence in California” said Ash Israni, Chairman of Pacifica Companies. This hotel, along with the previously purchased Inn at Morro Bay and the soon to be developed hotel project in Grover Beach, shows Pacifica's commitment to the Central California Coast region.
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 now in Morro Bay.
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
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
