This roundup features the latest hotel transactions in the U.S. hotel industry.
Phoenix Downtown AC Marriott
Rooms: 199
Location: Phoenix
Price, Including Debt: N/A
Price Per Room: N/A
Buyer: Arbor Lodging Partners
Seller: NewcrestImage
Date of Transaction: Aug. 27, 2021
Takeaway: Phoenix-based hospitality brokerage firm NewGen Advisory represented both the buyer and seller in the deal.
AC Hotel by Marriott in Portland, Maine
Rooms: 178
Location: Portland, Maine
Price, Including Debt: $66.8 million
Price Per Room: $375,000
Buyer: Apple Hospitality REIT
Seller: N/A
Date of Transaction: Aug. 23, 2021
Takeaway: In total, Apple plans to own three hotels along Portland's waterfront.
Home2 Suites by Hilton Jacksonville Airport in Florida
Rooms: 106
Location: Jacksonville, Florida
Price, Including Debt: $11.5 million
Price Per Room: $108,491
Buyer: N/A
Seller: BPR Properties
Date of Transaction: Aug. 18, 2021
Takeaway: The unnamed buyer is a large private equity group. Hunter Hotel Advisors represented the seller.