Pacific Hospitality Group plans to renovate its AC Hotel in New Orleans during a six- to eight-month closure.
General Manager Skip Adams told the Times-Picayune in New Orleans that the work is needed to “correct construction issues” at the hotel, which opened in December 2014.
A partnership led by Irvine-based PHG bought the 220-room hotel in September 2015 for about $60 million from an affiliate of Dallas-based developer NewCrestImage LLC.
The NewCrestImage affiliate, Supreme Bright New Orleans LLC, purchased the property in 2013 for about $18 million and put $18 million into a renovation.
An unknown number of employees will lose their jobs during the work. The bar will stay open, the news report said.
The hotel building is 95 years old and once housed the New Orleans Cotton Exchange. It’s been a hotel under various names for about 13 years.
—Paul Hughes
