Hotel real estate investment trust Park Hotels & Resorts sold the 97-room W New Orleans–French Quarter in New Orleans, Louisiana, for approximately $24.1 million, or $249,000 per key. The REIT said it plans to use proceeds from the sale to repay debt.
Aspen Firm Buys W Hotel New Orleans-French Quarter
Park Hotel & Resorts Continues To Streamline Its Portfolio To Focus on Larger Assets
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