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Harborby Signalry

Southeast · secondary

New Orleans

French Quarter irreplaceables and CBD convention boxes. Insurance, flood, and festival calendars are not footnotes. Park’s 2019 Le Meridien New Orleans $84.0 million / 410 tape is a named CBD Le Meridien — not Park’s 2021 W New Orleans – French Quarter $24 million / 97 tape and not the St. Charles Hilton $47 million tape. Adagio and Le Meridien San Francisco stay off. Ashford’s 2025 Le Pavillon $42.5 million / 226 tape is a named historic independent — Harbor will not invent a Poydras lock.

Hotels
6
Graph events
6
Cited prices
4
Desks
1

Hotels

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

New Orleans · Upper upscale

W New Orleans – French Quarter

97 keys · New Orleans · W Hotels

French Quarter W. Park sold the 97-key house in April 2021 for approximately $24 million (Q1 2021 10-Q subsequent events). Buyer unnamed. Not the St. Charles Hilton $47 million tape and not the family-held Monteleone. Day-of-month unnamed — Harbor uses the first of April.

New Orleans · Luxury

Le Pavillon

226 keys · New Orleans

Historic independent. Ashford sold the 226-key house on December 18, 2025 for $42.5 million in cash (8-K). Buyer unnamed as a Harbor party — the 8-K names 833 Poydras St. Prime Property, LLC. Use that cash hotel price, not the $41.3 million net-of-selling-expenses line. Harbor will not invent a Poydras lock. Not Park’s W New Orleans – French Quarter $24 million / 97 tape and not the St. Charles Hilton $47 million tape.

New Orleans · Upper upscale

Le Meridien New Orleans

410 keys · New Orleans · Le Méridien

CBD Le Meridien. Park sold the 410-key house in December 2019 for $84.0 million gross proceeds (Q2 2020 supplemental sold table). Buyer unnamed. Harbor uses the first of December rather than inventing a closing day. Not Park’s 2021 W New Orleans – French Quarter $24 million / 97 tape and not the St. Charles Hilton $47 million tape. Adagio and Le Meridien San Francisco stay off.

Desks covering this market

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

Public tape · 6 events

Transactions

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

Morning blotterCompare a cited single

Public filingDec 18, 2025

Le Pavillon — Ashford disposition

Le Pavillon · 226 keys · Luxury

Consideration

$42.5M

$188k / key

Ashford 8-K: $42.5 million in cash for the 226-room Le Pavillon. Historic independent — not a French Quarter W PPK and not a St. Charles Hilton PPK.

Ashford Hospitality Trust Form 8-K, December 18, 2025 (closed December 18)

Ashford sold the 226-room Le Pavillon in New Orleans, Louisiana on December 18, 2025 for $42.5 million in cash. Harbor PPK is $42.5 million ÷ 226. The same December 18, 2025 8-K names December 18, the 226 rooms, and that cash price. Use the $42.5 million hotel price, not the $41.3 million net-of-selling-expenses line. Buyer unnamed as a Harbor party — the 8-K names 833 Poydras St. Prime Property, LLC. Filing names New Orleans — Harbor will not invent a Poydras lock. The November 2025 three-hotel announcement stays combined. Embassy Suites Austin Arboretum stays off until a filing names month, the $13.5 million cash price, and keys together. Not Park’s W New Orleans – French Quarter $24 million / 97 tape and not the St. Charles Hilton $47 million tape.

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News / press releaseSunstone soldJun 5, 2025

Hilton New Orleans St. Charles — Sunstone disposition

Hilton New Orleans St. Charles · 252 keys · Upper upscale

Consideration

$47.0M

$187k / key

Sunstone IR: $47 million gross for the 252-room Hilton New Orleans St. Charles. CBD box — not a French Quarter irreplaceable.

Sunstone Hotel Investors IR / PR Newswire, June 9, 2025 (Q2 close dated June 5)

Sunstone’s Q2 2025 release dates the close to June 5, 2025 at a contractual $47.0 million, or about $187,000 per key. Harbor PPK is $47 million ÷ 252. Sunstone’s 10.1x / 8.7% lines and the 13.4x / 6.6% after estimated near-term capex are Sunstone’s narrative, not a second price. Insurance and flood belong next to any number you type yourself.

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Public filingPark soldApr 1, 2021

W New Orleans – French Quarter — Park disposition

W New Orleans – French Quarter · 97 keys · Upper upscale

Consideration

$24.0M

$247k / key

Park Q1 2021 10-Q subsequent events: approximately $24 million for the 97-room W New Orleans – French Quarter. French Quarter W — not a CBD Hilton PPK.

Park Hotels & Resorts Form 10-Q, quarter ended March 31, 2021 (sold April 2021)

Park sold the 97-room W New Orleans – French Quarter in April 2021 for gross proceeds of approximately $24 million. Harbor uses the first of April rather than inventing a closing day. Harbor PPK is $24 million ÷ 97. Park rounded the same math to about $249,000 per key. Buyer unnamed. Not the St. Charles Hilton $47 million tape. Adagio and Le Meridien San Francisco stay off — those papers do not name a single-hotel price and keys together. Indigo San Diego + Courtyard Capitol Hill $149 million and the $477 million year line stay combined. Older than the 2025–26 blotter cut.

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Public filingPark soldDec 1, 2019

Le Meridien New Orleans — Park disposition

Le Meridien New Orleans · 410 keys · Upper upscale

Consideration

$84.0M

$205k / key

Park Q2 2020 supplemental sold table: $84.0 million gross for the 410-room Le Meridien New Orleans. CBD Le Meridien — not a French Quarter W PPK and not the San Francisco Adagio / Le Meridien stay-off.

Park Hotels & Resorts Q2 2020 supplemental, Properties Sold table (December 2019 close; day unnamed)

Park sold the 410-room Le Meridien New Orleans in December 2019 for $84.0 million gross proceeds. Harbor uses the first of December rather than inventing a closing day. Harbor PPK is $84.0 million ÷ 410. Park rounded the same math to $205,000 per key. Buyer unnamed. Not Park’s 2021 W New Orleans – French Quarter $24 million / 97 tape and not the St. Charles Hilton $47 million tape. Adagio and Le Meridien San Francisco stay off — those papers do not name a single-hotel price and keys together. Hilton New Orleans Airport plus Embassy Suites Parsippany stay combined. Hilton São Paulo Morumbi stays off this row. Hilton Chicago/Oak Brook Suites and Homewood Suites Seattle Convention Center Pike Street stay off until a filing names a hotel price and keys together. Older than the 2025–26 blotter cut.

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