Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 89 of 282 · 2022
Xenia sold the 189-room Kimpton Hotel Monaco Denver in December 2022 for approximately $69.8 million. Harbor uses the first of December rather than inventing a closing day. Harbor PPK is $69.8 million ÷ 189. Use approximately $69.8 million, not the $68.1 million net. Buyer unnamed. Not Hotel Monaco Seattle $63.25 million and not Kimpton Hotel Monaco Chicago $36.0 million. Older than the 2025–26 blotter cut.
$69.8M
Cited consideration · 189 keys · $369k / key
Xenia FY2022 10-K: approximately $69.8 million for the 189-room Kimpton Hotel Monaco Denver. December 2022; day-of-month not named. Downtown Kimpton — not a Monaco Seattle PPK and not a Monaco Chicago PPK.
Xenia Hotels & Resorts Form 10-K for the year ended December 31, 2022 (December close; day unnamed)
Historical cited · 2022 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tape2022 cited corpus2022 cited filings
Source
Xenia Hotels & Resorts Form 10-K for the year ended December 31, 2022 (December close; day unnamed)
https://www.sec.gov/Archives/edgar/data/1616000/000161600023000025/xhr-20221231.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.
$369,312 / key · 189 keys
$310,839 / key · Harbor defaults
Denver · worksheet vs tape PPK
Xenia FY2022 10-K: approximately $69.8 million for the 189-room Kimpton Hotel Monaco Denver. December 2022; day-of-month not named. Downtown Kimpton — not a Monaco Seattle PPK and not a Monaco Chicago PPK.
Xenia Hotels & Resorts Form 10-K for the year ended December 31, 2022 (December close; day unnamed)
Historical cited · 2022 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.
Denver · Upper upscale
189 keys · Denver · Hotel Monaco
Downtown Denver Kimpton. Xenia sold the 189-key house in December 2022 for approximately $69.8 million (FY2022 10-K). Day-of-month unnamed — Harbor uses the first of December. Buyer unnamed. Use approximately $69.8 million, not the $68.1 million net. Not Hotel Monaco Seattle $63.25 million and not Monaco Chicago $36.0 million.
Same house or same market · 2
Same hotel first, then the same market and segment. Structure footnotes stay on the tape. This is not a paid comps service.
Hotel Teatro · 110 keys · Upper upscale
Consideration
$35.5M
$323k / key
RLJ Q2 2024 10-Q: $35.5 million for the 110-room Hotel Teatro, Denver. Downtown historic boutique — not a Monaco Denver PPK and not the Beacon Hill land line.
RLJ Lodging Trust Form 10-Q, quarter ended June 30, 2024 (closed June 13)
RLJ acquired the 110-room Hotel Teatro in Denver on June 13, 2024 for a purchase price of $35.5 million. Harbor PPK is $35.5 million ÷ 110. Use the $35.5 million purchase price, not the $36.116 million recorded cost after capitalized transaction costs. Seller unnamed. The $125.0 million Wyndham Boston Beacon Hill line is a land purchase, not a hotel tape. RLJ’s $20.8 million 2024 sold-pair proceeds line stays combined. Not Xenia’s 2022 Kimpton Hotel Monaco Denver $69.8 million tape. Older than the 2025–26 blotter cut.
The Brown Palace Hotel and Spa · 241 keys · Upper upscale
Consideration
Not disclosed
Property public site / Denver business press
Atrium palace. Regional ownership has rotated. No filing-grade price in this corpus.