![]() To assist with the transition, Pebblebrook plans to spend $35 million on an extensive renovation that includes upgrades to the 462 casita-style guestrooms, enhancements to the hotel’s existing five pools, and the addition of attractions that should be inviting for guests and locals alike. ![]() Guests at Mission Bay’s Paradise Point resort will next year find themselves wasting away in Margaritaville, as the Jimmy Buffett hotel and restaurant brand will become the new name and face of the 44-acre vacation destination.Įarlier this month, Pepplebrook Hotel Trust, the publicly traded real estate investment trust that owns Paradise Point Resort & Spa, executed a licensing agreement with Margaritaville Holdings to convert the property to a Margaritaville Island Resort.
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