Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 130 of 282 · 2021
Xenia sold the 352-room Marriott Charleston Town Center in Charleston, West Virginia in November 2021 for $5 million. Harbor uses the first of November rather than inventing a closing day. Harbor PPK is $5 million ÷ 352. Use the $5 million sale price, not the $5.6 million FF&E replacement reserves Xenia retained. Buyer unnamed. Not historic Charleston, South Carolina, and not a gateway convention PPK. Older than the 2025–26 blotter cut.
$5.0M
Cited consideration · 352 keys · $14k / key
Xenia 8-K Exhibit 99.1: $5 million for the 352-room Marriott Charleston Town Center in Charleston, West Virginia. November 2021; day-of-month not named. Tertiary convention Marriott — not a Charleston, South Carolina historic PPK.
Xenia Hotels & Resorts Form 8-K Exhibit 99.1, December 3, 2021 (November close; day unnamed)
Historical cited · 2021 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Deal FrameLiving packetLabeled estimateCompare this tape2021 cited corpus2021 cited filings
Source
Xenia Hotels & Resorts Form 8-K Exhibit 99.1, December 3, 2021 (November close; day unnamed)
https://www.sec.gov/Archives/edgar/data/1616000/000161600021000140/exhibit991pressrelease-dec.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.
$14,205 / key · 352 keys
$107,067 / key · Harbor defaults
Charleston, West Virginia · worksheet vs tape PPK
Xenia 8-K Exhibit 99.1: $5 million for the 352-room Marriott Charleston Town Center in Charleston, West Virginia. November 2021; day-of-month not named. Tertiary convention Marriott — not a Charleston, South Carolina historic PPK.
Xenia Hotels & Resorts Form 8-K Exhibit 99.1, December 3, 2021 (November close; day unnamed)
Historical cited · 2021 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.
Charleston, West Virginia · Upper upscale
352 keys · Charleston · Marriott
Downtown Charleston, West Virginia convention Marriott. Xenia sold the 352-key house in November 2021 for $5.0 million (8-K Exhibit 99.1). Day-of-month unnamed — Harbor uses the first of November. Buyer unnamed. Use the $5.0 million sale price, not the $5.6 million FF&E reserves Xenia retained. Not historic Charleston, South Carolina, and not a gateway convention PPK.