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Harborby Signalry

Public tape · 49 of 282 · 2024

Jul 9, 2024Historical cited · 2024

Lorien Hotel & Spa — Xenia disposition

Xenia closed the 107-room Lorien Hotel & Spa in Alexandria on July 9, 2024 for a sale price of $30.0 million. Harbor PPK is $30.0 million ÷ 107. Use the $30.0 million sale price, not the $29.1 million net cash after costs. Xenia’s estimated $1.8 million gain is Xenia’s accounting, not a second hotel price. Buyer unnamed. Not DiamondRock’s Westin Washington D.C. City Center $92.0 million tape and not a Georgetown palace. Older than the 2025–26 blotter cut.

$30.0M

Cited consideration · 107 keys · $280k / key

Xenia Q2 2024 10-Q: $30.0 million sale price for the 107-room Lorien Hotel & Spa, Alexandria. Old Town boutique — not a City Center Westin PPK.

Public filingHistorical cited · 2024Issuer filing107 keys

Xenia Hotels & Resorts Form 10-Q, quarter ended June 30, 2024 (closed July 9)

Historical cited · 2024 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Deal FrameLiving packetLabeled estimateCompare this tape2024 cited corpus2024 cited filings

Keys at tape
107
Segment
Upper upscale
Buyer
—
Seller
Xenia Hotels & Resorts

Source

Xenia Hotels & Resorts Form 10-Q, quarter ended June 30, 2024 (closed July 9)

https://www.sec.gov/Archives/edgar/data/1616000/000161600024000073/xhr-20240630.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
$30.0M

$280,374 / key · 107 keys

Worksheet
$35.4M

$330,377 / key · Harbor defaults

Gap
+18%

Washington, D.C. · worksheet vs tape PPK

Xenia Q2 2024 10-Q: $30.0 million sale price for the 107-room Lorien Hotel & Spa, Alexandria. Old Town boutique — not a City Center Westin PPK.

Public filingHistorical cited · 2024Issuer filing107 keys

Xenia Hotels & Resorts Form 10-Q, quarter ended June 30, 2024 (closed July 9)

Historical cited · 2024 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.

Washington, D.C. · Upper upscale

Lorien Hotel & Spa

107 keys · Alexandria · Lorien Hotel & Spa

Old Town Alexandria boutique. Xenia closed the 107-key house on July 9, 2024 for $30.0 million (Q2 2024 10-Q). Buyer unnamed. Use the $30.0 million sale price, not the $29.1 million net. Not DiamondRock’s Westin Washington D.C. City Center $92.0 million tape and not a Georgetown palace PPK.

Same house or same market · 4

Related public tapes

Same hotel first, then the same market and segment. Structure footnotes stay on the tape. This is not a paid comps service.

Public filingFeb 19, 2025

Westin Washington D.C. City Center — DiamondRock disposition

Westin Washington D.C. City Center · 410 keys · Upper upscale

Consideration

$92.0M

$224k / key

DiamondRock Exhibit 99.1: $92.0 million for the 410-room Westin Washington D.C. City Center. Downtown City Center — not a Georgetown palace PPK.

DiamondRock Hospitality Exhibit 99.1, fourth quarter and year ended December 31, 2025

DiamondRock sold the 410-room Westin Washington D.C. City Center on February 19, 2025 for a contract price of $92.0 million. Harbor PPK is $92.0 million ÷ 410. Buyer unnamed. DiamondRock’s 11.2x Hotel EBITDA and cap-rate lines are DiamondRock’s narrative, not a second hotel price. Not a Georgetown tape. Courtyard Manhattan/Fifth Avenue is a later, separately named leasehold sale.

Open the tape →FramePacketEstimateWashington, D.C.Compare

Public filingPark soldFeb 1, 2020

Embassy Suites Washington DC Georgetown — Park disposition

Embassy Suites Washington DC Georgetown · 197 keys · Upper upscale

Consideration

$90.4M

$459k / key

Park Q2 2020 supplemental sold table: $90.4 million gross for the 197-room Embassy Suites Washington DC Georgetown. Georgetown Embassy — not a City Center Westin PPK.

Park Hotels & Resorts Q2 2020 supplemental, Properties Sold table (February 2020 close; day unnamed)

Park sold the 197-room Embassy Suites Washington DC Georgetown in February 2020 for $90.4 million gross proceeds. Harbor uses the first of February rather than inventing a closing day. Harbor PPK is $90.4 million ÷ 197. Park rounded the same math to $459,000 per key. Buyer unnamed. Filing names Washington, D.C. — Harbor will not invent a West End lock. Not DiamondRock’s Westin Washington D.C. City Center $92.0 million tape, not Xenia’s Lorien $30.0 million Old Town tape, and not a Palomar or Liaison PPK. Hilton New Orleans Airport plus Embassy Suites Parsippany stay combined. Adagio and Le Meridien San Francisco stay off. Hilton Chicago/Oak Brook Suites and Homewood Suites Seattle Convention Center Pike Street stay off until a filing names a hotel price and keys together. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateWashington, D.C.Compare

Public filingFeb 22, 2019

Hotel Palomar Washington, DC — Pebblebrook disposition

Hotel Palomar Washington, DC · 335 keys · Upper upscale

Consideration

$141.5M

$422k / key

Pebblebrook 8-K Exhibit 99.1: $141.5 million for the 335-room Hotel Palomar Washington, DC. Downtown Kimpton — not a Liaison PPK and not a Lafayette Square slice.

Pebblebrook Hotel Trust Form 8-K Exhibit 99.1, February 25, 2019 (closed February 22)

Pebblebrook closed the 335-room Hotel Palomar Washington, DC on February 22, 2019 for $141.5 million. Harbor PPK is $141.5 million ÷ 335. Buyer unnamed. Pebblebrook’s 14.9x / 5.9% 2018 lines are Pebblebrook’s narrative, not a second hotel price. The $252.5 million Palomar + Liaison proceeds line is the sum of two named 8-K prices — Harbor did not invent a split. Not Hotel Madera $23.3 million, not Liaison Capitol Hill $111.0 million, not Rouge $42.0 million, not Topaz $33.1 million, and not a slice of the $331.0 million InterContinental Buckhead + Sofitel Lafayette Square line. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateWashington, D.C.Compare

Public filingFeb 14, 2019

The Liaison Capitol Hill — Pebblebrook disposition

The Liaison Capitol Hill · 343 keys · Upper upscale

Consideration

$111.0M

$324k / key

Pebblebrook 8-K Exhibit 99.1: $111.0 million for the 343-room Liaison Capitol Hill. Capitol Hill box — not Fairmont Dallas $111.0 million and not a Lafayette Square slice.

Pebblebrook Hotel Trust Form 8-K Exhibit 99.1, February 14, 2019

Pebblebrook closed the 343-room Liaison Capitol Hill in Washington, D.C. on February 14, 2019 for $111.0 million. Harbor PPK is $111.0 million ÷ 343. Buyer unnamed. Pebblebrook’s 16.9x / 4.9% 2018 lines are Pebblebrook’s narrative, not a second hotel price. Not Hotel Madera $23.3 million, not Xenia’s Fairmont Dallas $111.0 million tape, not Hotel Palomar Washington $141.5 million, not Topaz $33.1 million, and not a slice of the $331.0 million InterContinental Buckhead + Sofitel Lafayette Square line. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateWashington, D.C.Compare