Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 138 of 282 · 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.
$150.0M
Cited consideration · 59 keys · $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)
Historical cited · 2021 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tape2021 cited corpus2021 cited filingsHost · 2021 filings
Source
Host Hotels & Resorts Form 8-K Exhibit 99.1, third quarter 2021 (closed September 2021)
https://www.sec.gov/Archives/edgar/data/1070750/000156459021054064/Exhibit99_1.htmEstimate ↔ tape
Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.
$2,542,373 / key · 59 keys
$2,775,802 / key · Harbor defaults
Big Sur / Monterey · worksheet vs tape PPK
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)
Historical cited · 2021 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
The house
Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.
Big Sur / Monterey · Luxury
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.
Same house or same market · 1
Same hotel first, then the same market and segment. Structure footnotes stay on the tape. This is not a paid comps service.
Post Ranch Inn · 40 keys · Luxury
Consideration
Not disclosed
Regional press, sale-conversation coverage
Sale conversations have been reported. Harbor will not convert a rumor into a price. Forty keys on a cliff are not a cap-rate story.