This roundup features the latest hotel transactions in the U.S. hotel industry.

Rooms: 378
Location: Scottsdale, Arizona
Price, Including Debt: $115.5 million
Price Per Room: $305,556
Buyer: Global Hospitality Investment Group
Seller: Southwest Value Partners
Date of Transaction: July 21, 2023
Takeaway: The hotel spans 23 acres.

Rooms: 198
Location: Flinstone, Maryland
Price, Including Debt: $56.1 million
Price Per Room: $283,333
Buyer: Century Casinos
Seller: Golden Entertainment
Date of Transaction: July 26, 2023
Takeaway: Century Casinos purchased the operations of Rocky Gap for $56.1 million, and Vici Properties purchased an interest in the land and buildings associated with Rocky Gap for roughly $203.9 million.

Rooms: 143
Location: Phoenix
Price, Including Debt: $21.5 million
Price Per Room: $150,000
Buyer: The Radco Companies
Seller: BRE hotels & Resorts
Date of Transaction: Aug. 4, 2023
Takeaway: The new owner will execute a property improvement plan, which will include the hotel's common areas, lobby, corridors and guest rooms.

Rooms: 98
Location: Dallas
Price, Including Debt: N/A
Price Per Room: N/A
Buyer: Affiliates of an unnamed Alabama-based developer with multiple holdings in the Sunbelt states.
Seller: McNeill Investment Group
Date of Transaction: Aug. 8, 2023
Takeaway: Mumford Company represented the seller.

Rooms: 117
Location: Pray, Montana
Price, Including Debt: $33 million
Price Per Room: N/A
Buyer: DiamondRock Hospitality
Seller: Chico Hot Springs Resort
Date of Transaction: Aug. 2, 2023
Takeaway: The $33 million purchase price includes the resort and an adjacent ranch. It is near Yellowstone National Park.

Rooms: 139
Location: Henderson, Nevada
Price, Including Debt: N/A
Price Per Room: N/A
Buyer: Braintree Group
Seller: MCR Hotels
Date of Transaction: July 27, 2023
Takeaway: The hotel sold as part of a three-hotel portfolio for an undisclosed price.

Rooms: 97
Location: Lehi, Utah
Price, Including Debt: N/A
Price Per Room: N/A
Buyer: Braintree Group
Seller: MCR Hotels
Date of Transaction: July 27, 2023
Takeaway: The hotel sold as part of a three-hotel portfolio for an undisclosed price.

Rooms: 94
Location: Lehi, Utah
Price, Including Debt: N/A
Price Per Room: N/A
Buyer: Braintree Group
Seller: MCR Hotels
Date of Transaction: July 27, 2023
Takeaway: The hotel sold as part of a three-hotel portfolio for an undisclosed price.

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