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Harborby Signalry

West · resort

Big Sur / Monterey

Coastal inns where the comparable set is the California coast, not the MSA. Access and insurance dominate. Host’s 2021 Alila Ventana Big Sur $150 million / 59 tape is a named coastal Alila — not Post Ranch Inn. Harbor will not invent a Post Ranch price. Hersha’s 2016 Sanctuary Beach Resort $39.5 million / 60 tape is a named Monterey Bay inn — not that Alila Ventana PPK. Harbor will not invent a Carmel lock.

Hotels
3
Graph events
3
Cited prices
2
Desks
0

Hotels

Each house opens a labeled estimate. Defaults are assumptions — not an appraisal.

Big Sur / Monterey · Luxury

Alila Ventana Big Sur

59 keys · Big Sur · Alila

Coastal Big Sur Alila. Host bought the 59-key house in September 2021 for $150 million (Q3 2021 Exhibit 99.1). Day unnamed — Harbor uses the first of September. Seller unnamed. Use the $150 million named price, not the $415 million three-buy line. Not Post Ranch Inn — Harbor will not invent a Post Ranch price.

Big Sur / Monterey · Upscale

Sanctuary Beach Resort

60 keys · Monterey · Sanctuary Beach Resort

Monterey Bay beach inn. Hersha bought the 60-key house in late January 2016 for $39.5 million (Q4 2015 Exhibit 99.1 subsequent events). Harbor uses the first of January rather than inventing a closing day. Seller unnamed. Filing names Monterey — Harbor will not invent a Carmel lock. Use the $39.5 million hotel price, not the $14.7 million assumed loan. Not Host’s 2021 Alila Ventana Big Sur $150 million / 59 tape. Harbor will not invent a Post Ranch price.

Desks covering this market

Public coverage lists, not a claimed book. Open a desk for the graph timeline.

No public desk publishes coverage here. Harbor will not invent a book.

Public tape · 1 events

Transactions

Cited prices stay cited. Unknown stays unknown. Linked houses open the estimate worksheet.

Morning blotterCompare tapes

Public filingJan 1, 2016

Sanctuary Beach Resort — Hersha acquisition

Sanctuary Beach Resort · 60 keys · Upscale

Consideration

$39.5M

$658k / key

Hersha Exhibit 99.1 subsequent events: $39.5 million for the 60-room Sanctuary Beach Resort in Monterey, CA. Monterey Bay inn — not a Big Sur Alila PPK.

Hersha Hospitality Trust Exhibit 99.1, February 16, 2016 (late January 2016 close)

Hersha acquired the 60-room Sanctuary Beach Resort in Monterey, CA in late January 2016 for $39.5 million. Harbor uses the first of January rather than inventing a closing day. Harbor PPK is $39.5 million ÷ 60. The same subsequent-events paragraph names late January, the 60 rooms, and that hotel price. Use the $39.5 million hotel price, not the $14.7 million assumed loan. Seller unnamed. Filing names Monterey — Harbor will not invent a Carmel lock. Hotel Oceana stays off until a filing names keys with a hotel price. Hilton Garden Inn M Street stays off — that line is a contract. Holiday Inn Express Chester stays off until a filing names a calendar month, a hotel price, and keys together. Hyatt Place King of Prussia stays off until one paper names month, a hotel price, and keys together. Hersha’s November 2016 Residence Inn Framingham plus Residence Inn Norwood $47.0 million line stays combined. Hersha’s January 2017 Courtyard Alexandria plus Residence Inn Greenbelt $62.0 million line stays combined. Hersha’s June 8, 2017 three Hyatt House $130.5 million line stays combined. Hersha’s 2021 four-hotel $178.5 million line and August 2022 six-pack $435.9 million stay combined. Not Host’s 2021 Alila Ventana Big Sur $150 million / 59 tape. Harbor will not invent a Post Ranch price. Older than the 2025–26 blotter cut.

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