Big Deals - May 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.
