BEVERLY HILLS, CA-The new owner of the Beverly Hilton Hotel, Oasis West Realty LLC, plans to restore the landmark hotel to its former glory with a renovation and repositioning project that will cost approximately $40 million to $60 million, Ted Kahan, president of Oasis, told a press briefing Tuesday at the hotel.
Kahan, whose company acquired the Beverly Hilton in December from entertainer Merv Griffin, says the cost estimate on the Oasis is only an approximation because the new
