Andaz Maui + Grand Hyatt SF + Hyatt Regency Coconut Point — Host / Hyatt portfolio
Other U.S. markets · 1423 keys · Luxury
Consideration
$1.00B
$703k / key
Hyatt 8-K: aggregate purchase price under the three-property PSA of approximately $1.0 billion. Portfolio tape. Harbor does not split Andaz Maui from Grand Hyatt San Francisco.
Hyatt Hotels Corporation Form 8-K, March 29, 2018
Closed March 29, 2018. 301-key Andaz Maui (plus adjacent land), 668-key Grand Hyatt San Francisco, and 454-key Hyatt Regency Coconut Point sold to Host for approximately $1.0 billion. Hyatt attributed ~$800 million combined to Andaz + Grand Hyatt SF and ~$200 million to Coconut Point. Those attributions are Hyatt’s, not separately priced rooms-only deeds. Do not use the blended $702k/key as a single-house comp.