This roundup features the latest hotel transactions in the U.S. hotel industry.
DoubleTree by Hilton Hotel Austin
Rooms: 350
Location: Austin, Texas
Price, Including Debt: N/A
Price Per Room: N/A
Buyer: Mohr Capital
Seller: An undisclosed international real estate investment firm.
Date of Transaction: May 18, 2022
Takeaway: This is Mohr Capital's first hospitality investment.
DoubleTree Suites by Hilton Doheny Beach - Dana Point
Rooms: 196
Location: Dana Point, California
Price, Including Debt: N/A
Price Per Room: N/A
Buyer: Affiliates of Certares Real Estate Management and HRI Hospitality
Seller: Goldman Sachs & Co.
Date of Transaction: May 12, 2022
Takeaway: This is one of two hotels part of a portfolio buy.
Hilton San Antonio Hill Country
Rooms: 226
Location: San Antonio, Texas
Price, Including Debt: N/A
Price Per Room: N/A
Buyer: Affiliates of Certares Real Estate Management and HRI Hospitality
Seller: Goldman Sachs & Co.
Date of Transaction: May 12, 2022
Takeaway: This is one of two hotels part of a portfolio buy.
Wyndham Grand Orlando Resort Bonnet Creek
Rooms: 400
Location: Orlando, Florida
Price, Including Debt: $121 million
Price Per Room: $302,500
Buyer: Joint venture between Tishman Realty and Cross Lake Partners
Seller: Wyndham Hotels & Resorts
Date of Transaction: April 27, 2022
Takeaway: JLL's Hotels & Hospitality marked the property for Wyndham.
The Chancellor's House Hotel
Rooms: 38
Location: Oxford, Mississippi
Price, Including Debt: N/A
Price Per Room: N/A
Buyer: BNA Associates
Seller: Chancellor House
Date of Transaction: April 4, 2022
Takeaway: CBRE arranged the sale for the seller.
Dual-Branded Residence Inn and Fairfield Inn & Suites Boston Waltham
Rooms: 192
Location: Waltham, Massachusetts
Price, Including Debt: $27.7 million; $24 million
Price Per Room: $288,562; $247,897
Buyer: Mission Hill Hospitality
Seller: N/A
Date of Transaction: April 5, 2022
Takeaway: Island Hospitality was selected to operate the dual-branded properties.