Gemstone Acquires Berkeley's Hotel Durant

BERKELEY, CA/PARK CITY, UT—Gemstone Hotels & Resorts, a full-service hotel management company that specializes in owning and operating luxury and upscale urban hotels and resorts, has acquired the Hotel Durant in Berkeley Calif. The 144-room boutique hotel is adjacent to the University of California Berkeley campus. 

“Hotel Durant is an outstanding addition to Gemstone’s growing collection of ‘one-of-a-kind’ hotels in top destination markets with high barriers to new entry,” said  Thomas Prins, Gemstone principal.  “A boutique hotel set amidst a vibrant university campus meshes perfectly with the rest of our portfolio and allows us to meet the needs of our guests for an intimate, luxury experience in the greater San Francisco area.”