LaSalle company purchases Southernmost Hotel Collection $184M (Key West)
Sweeping changes to the lodging landscape of Key West continued this week with the $184.5 million sale of a downtown hotel collection. LaSalle Hotel Properties announced in a statement released Wednesday its purchase of the 260-room Southernmost Hotel Collection, which includes the Southernmost Hotel, Southernmost on the Beach and La Mer and Dewey House guesthouses. The deal also includes Southernmost Beach Cafe, the restaurant on South Beach at the foot of Duval Street that hotel operators lease from the city.
