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. |
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Copyright (c) 2006 Global Hospitality Resources, Inc., San Diego, CA. Used with permission.