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Harborby Signalry

Two tapes · no invented prices · Marriott Charleston Town Center

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.

Nov 1, 2021

Marriott Charleston Town Center — Xenia disposition

Marriott Charleston Town Center · Charleston, West Virginia · 352 keys · Upper upscale

$5.0M

$14,205 / key

Xenia 8-K Exhibit 99.1: $5 million for the 352-room Marriott Charleston Town Center in Charleston, West Virginia. November 2021; day-of-month not named. Tertiary convention Marriott — not a Charleston, South Carolina historic PPK.

Public filingHistorical cited · 2021Issuer filing352 keys

Xenia Hotels & Resorts Form 8-K Exhibit 99.1, December 3, 2021 (November close; day unnamed)

Historical cited · 2021 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameWorksheetMarketSwap 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.

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 tapeDeal FrameWorksheetMarketSwap sides

Different houses. Do not average PPK across markets or structures.

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
$5.0M

$14,205 / key · 352 keys

Worksheet
$37.7M

$107,067 / key · Harbor defaults

Gap
+654%

Charleston, West Virginia · worksheet vs tape PPK

Xenia 8-K Exhibit 99.1: $5 million for the 352-room Marriott Charleston Town Center in Charleston, West Virginia. November 2021; day-of-month not named. Tertiary convention Marriott — not a Charleston, South Carolina historic PPK.

Public filingHistorical cited · 2021Issuer filing352 keys

Xenia Hotels & Resorts Form 8-K Exhibit 99.1, December 3, 2021 (November close; day unnamed)

Historical cited · 2021 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameShock the worksheetCompare tapes

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
$279.0M

$339,829 / key · 821 keys

Worksheet
$368.1M

$448,361 / key · Harbor defaults

Gap
+32%

San Francisco · worksheet vs tape PPK

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.

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 tapeDeal FrameShock the worksheetCompare tapes