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Public tape · 110 of 282 · 2022

Apr 1, 2022Historical cited · 2022

Kimpton Shorebreak Fort Lauderdale — DiamondRock acquisition

DiamondRock acquired the 96-room Kimpton Fort Lauderdale Beach Resort, located in Fort Lauderdale, Florida, on April 1, 2022 for $35.3 million. Harbor PPK is $35.3 million ÷ 96. The same May 5, 2022 8-K names April 1, the 96 rooms, and that price in Item 8.01. Later DiamondRock papers add Shorebreak to the house name. Use the $35.3 million hotel price, not DiamondRock’s $367,700/key rounding and not a yield line. Seller unnamed. Fee-simple beach boutique — not Apple’s 2015 Hampton Inn Fort Lauderdale $23.0 million / 156 tape and not the Huntington Beach Shorebreak. Tranquility Bay stays off (103 units vs 231 bedrooms). The $174 million three-resort 2022 line stays combined. Older than the 2025–26 blotter cut.

$35.3M

Cited consideration · 96 keys · $368k / key

DiamondRock 8-K: $35.3 million for the 96-room Kimpton Fort Lauderdale Beach Resort. Fort Lauderdale Beach Kimpton — not a downtown Hampton PPK.

Public filingHistorical cited · 2022Issuer filing96 keys

DiamondRock Hospitality Company Form 8-K, May 5, 2022 (closed April 1)

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

Keys at tape
96
Segment
Upper upscale
Buyer
DiamondRock Hospitality Company
Seller
—

Source

DiamondRock Hospitality Company Form 8-K, May 5, 2022 (closed April 1)

https://www.sec.gov/Archives/edgar/data/1298946/000129894622000050/drh-20220503.htm

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
$35.3M

$367,708 / key · 96 keys

Worksheet
$46.7M

$486,792 / key · Harbor defaults

Gap
+32%

Fort Lauderdale · worksheet vs tape PPK

DiamondRock 8-K: $35.3 million for the 96-room Kimpton Fort Lauderdale Beach Resort. Fort Lauderdale Beach Kimpton — not a downtown Hampton PPK.

Public filingHistorical cited · 2022Issuer filing96 keys

DiamondRock Hospitality Company Form 8-K, May 5, 2022 (closed April 1)

Historical cited · 2022 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameShock the worksheetCompare tapes

The house

Run the labeled estimate

Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.

Fort Lauderdale · Upper upscale

Kimpton Shorebreak Fort Lauderdale

96 keys · Fort Lauderdale · Kimpton

Fort Lauderdale Beach Kimpton. DiamondRock bought the 96-key house on April 1, 2022 for $35.3 million (May 5, 2022 8-K). The 8-K names the house Kimpton Fort Lauderdale Beach Resort; later DiamondRock papers add Shorebreak. Seller unnamed. Fee-simple beach boutique — not Apple’s 2015 downtown Hampton $23.0 million / 156 tape and not the Huntington Beach Shorebreak. Tranquility Bay stays off (103 units vs 231 bedrooms).