Public tape · 195 of 282 · 2018
Andaz Maui + Grand Hyatt SF + Hyatt Regency Coconut Point — Host / Hyatt portfolio
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.
$1.00B
Cited consideration · 1423 keys · $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
Historical cited · 2018 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tape2018 cited corpus2018 cited filingsHost · 2018 filings
- Corpus
- Historical cited · 2018
- Keys at tape
- 1423
- Segment
- Luxury
- Market
- Other U.S. markets
- Hotel
- Unlinked house
- Buyer
- Host Hotels & Resorts
- Seller
- Hyatt Hotels Corporation
Source
Hyatt Hotels Corporation Form 8-K, March 29, 2018
https://www.sec.gov/Archives/edgar/data/1468174/000119312518105011/d544321d8k.htmDesks on the graph
Attached when a press release or public pattern names the firm. Not an unpublished book.
Estimate ↔ tape
The worksheet next to the filing
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.
- Tape
- $1.00B
- Worksheet
- Pick a house
- Gap
- —
$702,741 / key · 1423 keys
No desk hotel on this tape
Other U.S. markets · worksheet vs tape PPK
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
Historical cited · 2018 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.