Los Angeles

Nikko Hotel

465 La Cienega Blvd.
Summary

The Nikko Hotel at Beverly Hills was built in 1991 in partnership with Third Millennium Group, Japan Airlines, Nikko Hotel Group, and with a construction loan from Kawasaki Leasing International. Shortly after construction Third Millennium sold its interest in the asset to its Japanese partners for a substantial profit.

Designed by AHT Architects, this five star hotel married Japanese style with traditional American comfort. After a successful eight year run as the Nikko, the property was sold to the French chain Le Méridien in 1999. Le Méridien completed a $15 million renovation which changed the décor to a distinctive combination of European luxury mixed with Los Angeles style.

In 2005, Starwood Hotels & Resorts acquired Le Mérdien, and in 2007 Starwood entered into an agreement with SBE Hotel Group to operate the property as the SLS Hotel, SBE Hotel Group CEO Sam Nazarian’s new luxury hotel lifestyle brand concept. Although the design and ownership has changed over the years, the property continues its proud tradition as Beverly Hill’s best location for
Hollywood parties, and the premier destination for luxury travelers.

Property Info
  • Type Hotel
  • Built 1991
  • Acquired 1991
  • Sold 1992
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