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La Quinta Inn & Suites in Thousand Oaks Trades Hands

Highgate Hotels Divests 122 Rooms for $18.5 Million
The hotel was built in 1987 on over 3.1 acres in the Oxnard/Ventura hospitality market of Ventura County. (CoStar)
The hotel was built in 1987 on over 3.1 acres in the Oxnard/Ventura hospitality market of Ventura County. (CoStar)
By James Young
August 5, 2022 | 8:08 P.M.

Kamla Hotels and Maruti Investments acquired the 122-room hotel at 1320 Newbury Road in Thousand Oaks, California, for $18.5 million, or about $152,000 per door, from Highgate Hotels.

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