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Local Hotel Investor Buys Hyatt Place Los Angeles LAX El Segundo Hotel

Washington Holdings Divests California Hospitality Property
The hotel was built in 2012 on nearly 2.2 acres in the Los Angeles Airport hospitality market of L.A. County. (CoStar)
The hotel was built in 2012 on nearly 2.2 acres in the Los Angeles Airport hospitality market of L.A. County. (CoStar)
By Matt Mendoza
CoStar Research
October 10, 2022 | 6:11 P.M.

Washington Holdings closed on its disposition of the Hyatt Place Los Angeles LAX El Segundo hotel at 750 N. Nash St. in El Segundo, California, for $49 million, or about $343,000 per key, to Welcome Group Inc.

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