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Big Deals, May 2007

By Staff -- HOTELS Magazine, 5/1/2007

Property Name Est. Sales Price US$ # of Rooms Month of Sale Buyer Seller Comments
Scandic Hotel Chain 1.1 billion 132 hotels Apr-07 EQT Hilton Hotels Corporation
10 Hotels in Continental Europe 770
million		 3,330 Pending Morgan Stanley Real Estate Hilton Hotels Corporation Portfolio includes: Hilton Dresden, Hilton Dusseldorf, Hilton Weimar, Hilton Zurich Airport, Hilton Charles de Gaulle, Hilton Strasbourg, Hilton Luxembourg, Hilton Brussels, Hilton Barcelona, Los Zocos Club Resort
6 Sheraton Suites Hotels, USA Undisclosed 1,492 May-07 The Procaccianti Group Starwood Hotels & Resorts Worldwide, Inc. & IHV International "Locations: Alexandria (Old Town) Virginia, Columbus Ohio, Dallas (Market Center) Texas, Country Club Plaza
in Kansas City Missouri, Wilmington Delaware and Elk Grove Village IL."
Westin Atlanta Airport Hotel 74
million		 495 May-07 Interstate Hotels & Resorts Affiliates of The Blackstone Group  
Washington Marriott Hotel Undisclosed 472 May-07 Rockpoint Group & Highgate Hospitality Angelo, Gordon & Co., Amerimar Enterprises, and Greenebaum & Rose Associates

N/D = Not Disclosed

Copyright (c) 2007 Global Hospitality Resources, Inc., San Diego, CA. Used with permission.

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