Hotels only · No pay-to-rank · Advice first; verified when attested
Southeast · resort
Gulf leisure keys. Seasonality and drive-to Sunbelt feeders sit next to ADR. Chatham’s 2022 Hilton Garden Inn Destin Miramar Beach $31.0 million tape is an 111-key beachside buy — not Apple’s Tampa-Brandon Homewood $18.8 million tape and not Southwest Florida resort inventory. DiamondRock’s 2021 Henderson Beach Resort $112.5 million / 170 tape is a named Destin oceanfront — not that Garden Inn and not the 37-key Henderson Park Inn $27.5 million tape. Tranquility Bay stays off. Bourbon Orleans stays off.
Each house opens a labeled estimate. Defaults are assumptions — not an appraisal.
Destin / Miramar Beach · Upscale
111 keys · Miramar Beach · Hilton Garden Inn
Destin / Miramar Beach Garden Inn. Chatham bought the existing 111-key house on March 8, 2022 for $31.0 million (Q1 2022 8-K Exhibit 99.1). Seller unnamed. Not Apple’s Tampa-Brandon Homewood $18.8 million tape, not DiamondRock’s Henderson Beach Resort $112.5 million / 170 tape, and not Henderson Park Inn $27.5 million / 37. Chatham’s $80 million 2022 sales line stays combined.
Destin / Miramar Beach · Luxury
170 keys · Destin
Destin oceanfront Henderson Beach. DiamondRock bought the 170-key fee-simple house on December 23, 2021 for $112.5 million (January 10, 2022 8-K Item 8.01). Seller unnamed. Use the 170 owned rooms, not 216-room tables that fold in 46 third-party rental residences. Use the $112.5 million hotel price, not the $110.1 million net-including-prorations-and-costs line. Not Chatham’s Hilton Garden Inn Destin Miramar Beach $31.0 million / 111 tape and not Henderson Park Inn $27.5 million / 37. Tranquility Bay stays off (103 units vs 231 bedrooms). The $175.5 million two-Florida line stays combined.
Destin / Miramar Beach · Luxury
37 keys · Destin
Destin beachfront Henderson Park Inn. DiamondRock bought the 37-key house in July 2021 for $27.5 million (Q4 2021 Exhibit 99.1). Seller unnamed. Harbor uses the first of July rather than inventing a closing day. Use the $27.5 million named price, not the $26.4 million net-including-prorations-and-costs line. Not Henderson Beach Resort $112.5 million / 170 and not Chatham’s Hilton Garden Inn Destin Miramar Beach $31.0 million / 111. Bourbon Orleans stays off ($81 / $89.9 / $90.1 and 220 / 218 conflict). The $108.6 million Bourbon-plus-Park Inn line stays off this tape.
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
Cited prices stay cited. Unknown stays unknown. Linked houses open the estimate worksheet.
Hilton Garden Inn Destin Miramar Beach · 111 keys · Upscale
Consideration
$31.0M
$279k / key
Chatham Q1 2022 8-K Exhibit 99.1: $31 million for the existing 111-room Hilton Garden Inn Destin Miramar Beach. Beachside Garden Inn — not a Tampa Brandon Homewood PPK.
Chatham Lodging Trust Form 8-K Exhibit 99.1, quarter ended March 31, 2022 (closed March 8)
Chatham acquired the existing 111-room Hilton Garden Inn Destin Miramar Beach on March 8, 2022 for a $31.0 million purchase price. Harbor PPK is $31.0 million ÷ 111. Chatham rounded the same math to about $279,000 per key. Seller unnamed. Close day is the Q1 2022 10-Q. Not Apple’s Tampa-Brandon Homewood $18.8 million tape, not DiamondRock’s Henderson Beach Resort $112.5 million / 170 tape, and not Henderson Park Inn $27.5 million / 37. Chatham’s $80 million 2022 sales line stays combined. Older than the 2025–26 blotter cut.
Open the tape →FramePacketEstimateDestin / Miramar BeachCompare