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1k Views by The Los Angeles Times January 25, 2022, 1:00 am inThe Los Angeles Times

AEG to sell stake in L.A. Live hotels as the lodging industry recovers

AEG hopes to take advantage of a rebound in hotel prices to raise hundreds of millions of dollars to help fund a planned expansion of L.A. Live.

Aeg To Sell Stake In L.a. Live Hotels As The Lodging Industry Recovers

Los Angeles Times – by Roger Vincent

Entertainment giant AEG plans to raise hundreds of millions of dollars to help fund a planned expansion of the L.A. Live hospitality complex in downtown Los Angeles by selling part ownership in the Ritz-Carlton and JW Marriott hotels there.

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