REAL ESTATE
From Times Staff and Wire Reports
Ueberroth Firm to Merge With Doubletree: A hotel company partially owned by Peter Ueberroth agreed to the deal with the Phoenix-based hotel chain. The merger between Doubletree and Boston-based Guest Quarters Hotels Partnership will create a 96-property, 24,000-room chain. The company will be led by Ueberroth, former co-chairman of Rebuild L.A., and Richard Ferris, former chairman of United Airlines. The value of the proposed deal was not revealed.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.