Eagle Four Partners and Lyon Living have acquired Newport Beach Marriott Hotel & Spa located in Newport Center adjacent to Fashion Island in Orange County, Calif. The financial terms were not disclosed; however, the seller was Host Hotels & Resorts.
The hotel is situated in Newport Beach, Calif., on 10 exceptional acres features sweeping views of the Pacific Ocean, Newport Harbor and the adjacent Newport Beach Country Club. Boasting 532 guestrooms, 32,000 square feet of indoor and outdoor venues, the hotel is ideal for corporate and social events. This leisure and group event hotel is conveniently located within Newport Center’s over 3 million square feet of class A office space and across from the 1.3 million-square-foot Fashion Island, Southern California’s premier shopping and dining destination, featuring more than 180 retail shops attracting 15 million visitors annually.
“As local owners and operators, we are thrilled to be acquiring the Newport Beac