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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 · 3 events

Transactions

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

Morning blotterCompare tapes

Public filingHost boughtSep 1, 2021

Alila Ventana Big Sur — Host Hotels acquisition

Alila Ventana Big Sur · 59 keys · Luxury

Consideration

$150.0M

$2.5M / key

Host Q3 2021 Exhibit 99.1: $150 million for the 59-room Alila Ventana Big Sur. Coastal Alila — not a Post Ranch rumor PPK.

Host Hotels & Resorts Form 8-K Exhibit 99.1, third quarter 2021 (closed September 2021)

Host acquired the 59-room Alila Ventana Big Sur in September 2021 for a $150 million purchase price. Harbor uses the first of September rather than inventing a closing day. Harbor PPK is $150 million ÷ 59. The same Exhibit 99.1 names September with that house and, later in the paper, the 59 rooms with the $150 million price. Use the $150 million named price, not the $415 million Baker’s Cay + Houston + Alila line — that line stays combined. Seller unnamed. Not Post Ranch Inn — Harbor will not invent a Post Ranch price. Baker’s Cay $200 million / 200 and The Laura $65 million / 223 stay off until a filing names a close month with those prices and keys. The $551 million five-hotel sold line stays combined. Host’s $1.2 billion 2021 year line stays off. Hyatt Regency Austin, The Alida, Savannah, and Hotel Van Zandt stay on the corpus as already cited. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateBig Sur / MontereyCompare

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.

Open the tape →FramePacketEstimateBig Sur / MontereyCompare