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Xenia Ends Deal to Sell Austin, Texas, Hotel, Pushes Back Similar Sale Near Atlanta

Florida REIT Also Suspends Operations at Seven More Properties Amid Conornavirus Disruption
Xenia Hotels & Resorts said Friday its agreement to sell the 492-room Renaissance Austin Hotel had been terminated. (CoStar)
Xenia Hotels & Resorts said Friday its agreement to sell the 492-room Renaissance Austin Hotel had been terminated. (CoStar)
CoStar News
April 18, 2020 | 3:06 P.M.

A Florida real estate investment trust has ended an agreement to sell a Renaissance Hotel in Austin, Texas, and pushed back the closing on the sale of another Renaissance just outside of Atlanta as the coronavirus pandemic continues to impact the hospitality industry.

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