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BETHESDA, MD-DiamondRock Hospitality Co. has acquired the fee simple interest in Hotel Rex, a full-service boutique property in San Francisco, for $29.5 million. The 94-key hotel is located in the Union Square district of the city and is managed by Joie de Vivre Hospitality LLC. The hotel was built in 1907 and is fashioned after the San Francisco art and literary salons of the 1920-30s.

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