Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 91 of 282 · 2022
DiamondRock purchased the 40-room Lake Austin Spa Resort in Austin, Texas on November 21, 2022 for a net purchase price of $75.8 million. Harbor PPK is $75.8 million ÷ 40. The same Exhibit 99.1 names November 21, the 40 rooms, and that net price. Use the $75.8 million net line — Harbor will not invent a gross. Same-paper operating tables that print 41 rooms stay off this 40-room price sentence. Seller unnamed. Not Host’s Hyatt Regency Austin $161 million / 448 tape, not Hotel Van Zandt $246 million / 319, and not Chatham’s Domain Residence Inn $37.0 million or TownePlace $34.3 million tapes. Tranquility Bay stays off. The $174 million three-resort 2022 line stays combined. Older than the 2025–26 blotter cut.
$75.8M
Cited consideration · 40 keys · $1.9M / key
DiamondRock Q4 2022 Exhibit 99.1: $75.8 million net purchase price for the 40-room Lake Austin Spa Resort. Lake Austin spa — not a downtown convention Hyatt PPK.
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
DiamondRock Hospitality Company Exhibit 99.1, fourth quarter and year ended December 31, 2022 (closed November 21)
https://www.sec.gov/Archives/edgar/data/1298946/000129894623000009/exhibit9914q2022.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.
$1,895,000 / key · 40 keys
$2,409,000 / key · Harbor defaults
Austin · worksheet vs tape PPK
DiamondRock Q4 2022 Exhibit 99.1: $75.8 million net purchase price for the 40-room Lake Austin Spa Resort. Lake Austin spa — not a downtown convention Hyatt PPK.
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.
Austin · Luxury
40 keys · Austin
Lake Austin destination spa. DiamondRock bought the 40-key house on November 21, 2022 for a $75.8 million net purchase price (Q4 2022 Exhibit 99.1). Seller unnamed. Use that net line — Harbor will not invent a gross. Same-paper tables that print 41 rooms stay off this 40-room price sentence. Not Host’s Hyatt Regency Austin $161 million / 448, not Hotel Van Zandt $246 million / 319, and not Chatham’s Domain tapes.