Big Deals, April 2007
By Staff -- HOTELS Magazine, 4/1/2007
| Property Name |
Est. Sales Price US$ |
# of Rooms |
Month of Sale |
Buyer |
Seller |
Comments |
| ANA's 13 owned and leased hotels in Japan |
2.36 billion |
5,000 |
Apr-07 |
Morgan Stanley Real Estate Fund |
All Nippon Airways Co., Ltd |
|
| Protea Hotels of Africa* |
255
million |
9,000 |
Jul-07 |
Stella Group |
Protea Hotels |
An additional 3,000 rooms is in the development pipeline. |
| Boston Marriott Long Wharf Hotel |
228.2
million |
402 |
Apr-07 |
Sunstone Hotel Investors, Inc. |
Undisclosed |
|
| The Campton Place, San Francisco |
58
million |
110 |
Apr-07 |
The Indian Hotels Company Ltd. |
Kor Hotel Group |
|
| Traders Hotel Kunshan, China |
58
million |
387 |
Apr-07 |
Kingdom Hotel Investments |
First Shanghai Direct Investments and private investor |
|
|
N/D = Not Disclosed
Copyright (c) 2007 Global Hospitality Resources, Inc., San Diego, CA. Used with permission.
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