Two tapes · no invented prices

Next to each other. Not blended.

Pick two cited events. Harbor will not allocate a combined PSA into hotel prices. A gap is a question. Not an appraisal.

Next to each other. Not blended. A missing price stays a question.

Tape ATape B

Feb 18, 2026

Four Seasons Orlando + Four Seasons Jackson Hole — Host disposition

Unlinked house · Other U.S. markets · 569 keys · Luxury

$1.10B

$1,933,216 / key

Host IR: $1.1 billion for the 444-room Four Seasons Orlando and 125-room Four Seasons Jackson Hole. Portfolio tape. Harbor does not split the two houses. Excludes the Orlando condo development.

News / press releaseHost sold · 2026569 keys

Host Hotels & Resorts IR, February 18, 2026

Historical cited · 2026 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tape Market Swap sides

Jul 30, 2026

Hyatt Regency San Francisco — Sunstone disposition

Hyatt Regency San Francisco · San Francisco · 821 keys · Upper upscale

$279.0M

$339,829 / key

Sunstone Exhibit 99.1: $279 million gross for the 821-room Hyatt Regency San Francisco. Embarcadero convention atrium — not a Nob Hill palace PPK and not the $80 million Wharf Centric.

Public filingMorning blotter · 2025–26 Sunstone sold821 keys

Sunstone Hotel Investors Exhibit 99.1, August 6, 2026 (closed July 30)

Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tape Deal Frame Worksheet Market Swap sides

Estimate ↔ tape

The worksheet next to the filing

Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.

Tape: $1.10B
Worksheet: Pick a house
Gap: —