Big Deals, August 2006

By Staff -- HOTELS Magazine, 8/1/2006

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Big Deals
August 2006

Property Name	Est. Sales Price US$M	# of Rooms	Month of Sale	Buyer	Seller
Hampton Inn Chelsea	$54	144	July, 06	Hersha Hospitality Trust	CNL Hotels & Resorts
Hotel Arts, Barcelona	$532	483	July, 06	Host Hotels & Resorts' joint venture	Consortium of owners lead by Javier Faus
Marriott Crystal Gateway, Arlington	$107	697	July, 06	Ashford Hospitality Trust, Inc.	N/A
Marriott Rancho Las Palmas Resort & Spa, Rancho Mirage	$56	444	July, 06	KSL Capital Partners, LLC	Strategic Hotels & Resorts, Inc.
Club Maeva Tulum, Riviera Maya	N/A	300	July, 06	Palace Resorts	N/A
Radisson Suite Beach Resort-Marco Island	$58	233	July, 06	Unrelated third party	Boykin Marco LLC
Sawgrass Marriott Ponte Vedra Beach Resort & Spa	N/A	508	July, 06	Redquartz Boundaries Ltd.	Interstate Hotels and Resorts and CIGNA Investments, Inc.