Hilton Miami Airport Blue Lagoon — Park Hotels disposition
Hilton Miami Airport Blue Lagoon · 508 keys · Upper upscale
Consideration
$118.3M
$233k / key
Park IR: $118.25 million for the 508-room Hilton Miami Airport. Airport / Blue Lagoon — not a South Beach PPK.
Park Hotels & Resorts IR / GlobeNewswire, February 2, 2023
Park closed the 508-room Hilton Miami Airport for $118.25 million, or $233,000 per key as Park rounded it. Harbor PPK is $118.25 million ÷ 508. Later Park earnings date the effective sale to January 2023; the IR close date is February 2. MCR announced the buy. Airport box — not a South Beach lifestyle tape.
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