San Diego-based Pacifica Host Hotels is in the midst of a renovation of the historic La Valencia Hotel in La Jolla, which will include the addition of new suites and a signature spa in the final phase.

A complete room renovation of the 112-room luxury property was completed earlier this year, according to a statement from Pacifica Host, the hospitality management division of local developer Pacifica Cos.

The 87-year-old hotel is located at 1132 Prospect St. According to CoStar Group, Pacifica Cos. purchased the property in late 2011 for $41 million from Collins Property Co., led by the family of Harry Collins, which had overseen La Valencia for nearly seven decades.

Pacifica Host Hotels owns or operates more than 30 hospitality properties in five states, according to its website.

— SDBJ Staff Report