Only the tapes we can cite

Sunstone Hotel Investors — full-service disposition pattern

Boston · 320 keys · Upper upscale

Sunstone Hotel Investors 8-K / supplement

Sunstone discloses selected urban full-service sales. Read the filing for price, cap rate, and whether a ground lease traveled with the deed.

Open the tape →BostonCompare

Kimpton Hotel Monaco Denver — Xenia disposition

Kimpton Hotel Monaco Denver · 189 keys · Upper upscale

Xenia FY2022 10-K: approximately $69.8 million for the 189-room Kimpton Hotel Monaco Denver. December 2022; day-of-month not named. Downtown Kimpton — not a Monaco Seattle PPK and not a Monaco Chicago PPK.

Xenia Hotels & Resorts Form 10-K for the year ended December 31, 2022 (December close; day unnamed)

Xenia sold the 189-room Kimpton Hotel Monaco Denver in December 2022 for approximately $69.8 million. Harbor uses the first of December rather than inventing a closing day. Harbor PPK is $69.8 million ÷ 189. Use approximately $69.8 million, not the $68.1 million net. Buyer unnamed. Not Hotel Monaco Seattle $63.25 million and not Kimpton Hotel Monaco Chicago $36.0 million. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateDenverCompare

Lake Austin Spa Resort — DiamondRock acquisition

Lake Austin Spa Resort · 40 keys · Luxury

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.

DiamondRock Hospitality Company Exhibit 99.1, fourth quarter and year ended December 31, 2022 (closed November 21)

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.

Open the tape →FramePacketEstimateAustinCompare

Four Seasons Jackson Hole — Host Hotels acquisition

Four Seasons Resort and Residences Jackson Hole · 125 keys · Luxury

Host IR: $315 million for the 125-room Four Seasons Resort and Residences Jackson Hole. Host’s own 2022 purchase — not an allocated slice of the 2026 sale.

Host Hotels & Resorts IR, February 18, 2026 (recites November 1, 2022 purchase of $315 million)

Host’s February 2026 IR states it purchased the 125-room Four Seasons Jackson Hole on November 1, 2022 for $315 million. Host naming its own buy. Mountain luxury — not an Amangani 40-key boundary. The 2026 exit with Orlando is a separate $1.1 billion combined tape; Harbor does not split it.

Open the tape →FramePacketEstimateJackson HoleCompare

AC Hotel Louisville Downtown — Apple Hospitality acquisition

AC Hotel Louisville Downtown · 156 keys · Upscale

Apple 2022 10-K table: $51.0 million for the existing 156-room downtown AC Hotel. Downtown AC — not a Cincinnati river-city PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2022 (closed October 25)

Apple acquired the existing 156-room AC Hotel Louisville Downtown on October 25, 2022 for a $51.0 million gross purchase price. Harbor PPK is $51.0 million ÷ 156. Apple rounded the same math to about $327,000 per key. Use the table price, not transaction costs. Seller unnamed. Not the Pittsburgh AC $34.0 million tape. The $85.0 million Louisville + Pittsburgh line is the sum of two named 10-K prices. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateLouisvilleCompare

AC Hotel Pittsburgh Downtown — Apple Hospitality acquisition

AC Hotel Pittsburgh Downtown · 134 keys · Upscale

Apple 2022 10-K table: $34.0 million for the existing 134-room downtown AC Hotel. Downtown AC — not a University Circle Courtyard PPK.

Apple Hospitality REIT Form 10-K for the year ended December 31, 2022 (closed October 25)

Apple acquired the existing 134-room AC Hotel Pittsburgh Downtown on October 25, 2022 for a $34.0 million gross purchase price. Harbor PPK is $34.0 million ÷ 134. Apple rounded the same math to about $254,000 per key. Use the table price, not transaction costs. Seller unnamed. Not the Louisville AC $51.0 million tape. The $85.0 million Louisville + Pittsburgh line is the sum of two named 10-K prices. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimatePittsburghCompare

Bohemian Hotel Celebration — Xenia disposition

Bohemian Hotel Celebration, Autograph Collection · 115 keys · Upper upscale

Xenia Q3 2022 10-Q: approximately $27.8 million for the 115-room Bohemian Hotel Celebration, Autograph Collection. Celebration Autograph — not a Fairmont Dallas PPK.

Xenia Hotels & Resorts Form 10-Q, quarter ended September 30, 2022 (closed October 20)

Xenia closed the 115-room Bohemian Hotel Celebration, Autograph Collection on October 20, 2022 for approximately $27.8 million. Harbor PPK is $27.8 million ÷ 115. Use approximately $27.8 million, not the $25.5 million net. The approximately $0.3 million FF&E reserve Xenia retained is Xenia’s footnote, not a second hotel price. Buyer unnamed. Not Fairmont Dallas $111.0 million and not a South Beach luxury PPK. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateOrlandoCompare

Hotel Vintage Portland — Pebblebrook disposition

Hotel Vintage Portland · 117 keys · Upscale

Pebblebrook 8-K: $32.9 million for the 117-room Hotel Vintage Portland. Downtown boutique — not a Heathman PPK and not a Vintage Seattle PPK.

Pebblebrook Hotel Trust Form 8-K, September 14, 2022 (press dated September 15)

Pebblebrook closed the 117-room Hotel Vintage Portland on September 14, 2022 for $32.9 million to a third party. Harbor PPK is $32.9 million ÷ 117. Pebblebrook’s 11.7x / 7.1% 2019 lines are Pebblebrook’s narrative, not a second hotel price. Buyer unnamed in Pebblebrook’s filing — Harbor will not invent a desk from trade press. Not The Heathman Hotel $45.0 million (2023) and not Hotel Vintage Seattle $33.7 million (2023). Harbor will not invent a split of Pebblebrook’s $183.9 million Q3 2022 proceeds line — each house already has its own named price. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimatePortlandCompare

Hilton Garden Inn LAX/El Segundo — Park disposition

Hilton Garden Inn LAX/El Segundo · 162 keys · Upscale

Park Q3 2022 Exhibit 99.1: $37.5 million for the 162-room Hilton Garden Inn LAX/El Segundo. El Segundo Garden Inn — not a downtown Checkers PPK.

Park Hotels & Resorts Exhibit 99.1, third quarter 2022 (sold September)

Park sold the 162-room Hilton Garden Inn LAX/El Segundo in September 2022 for $37.5 million. Harbor uses the first of September rather than inventing a closing day. Harbor PPK is $37.5 million ÷ 162. The same Q3 2022 Exhibit 99.1 names September, the 162 rooms, and that price. Use the $37.5 million hotel price, not Park’s $231,000/key rounding. Buyer unnamed. Harbor will not invent a buyer from trade press. Not Hilton Checkers Los Angeles, not Summit’s Four Points San Francisco Airport $17.7 million / 101 tape, and not Hilton Garden Inn Chicago/Oakbrook Terrace $9.4 million / 128. 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. The $149 million 2022 proceeds line stays combined. The Hilton San Diego Bayfront joint-venture line and the DoubleTree Las Vegas Airport joint-venture share stay off. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateLos AngelesCompare

Hotel Spero — Pebblebrook disposition

Hotel Spero · 236 keys · Upscale

Pebblebrook 8-K: $71.0 million for the 236-room Hotel Spero. Union Square boutique — not a Marker PPK and not a Zoe Wharf PPK.

Pebblebrook Hotel Trust Form 8-K, August 25, 2022 (press dated August 26)

Pebblebrook closed the 236-room Hotel Spero on August 25, 2022 for $71.0 million to a third party. Harbor PPK is $71.0 million ÷ 236. Pebblebrook’s 9.1x / 9.8% 2019 lines are Pebblebrook’s narrative, not a second hotel price. Buyer unnamed in Pebblebrook’s filing — Harbor will not invent a desk from trade press. Not The Marker San Francisco $77.0 million, not Hotel Zoe Fisherman’s Wharf $68.5 million (2023), and not Sunstone’s $279 million Embarcadero Hyatt Regency. Harbor will not invent a split of Pebblebrook’s $183.9 million Q3 2022 proceeds line — each house already has its own named price. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateSan FranciscoCompare

Sofitel Philadelphia at Rittenhouse Square — Pebblebrook disposition

Sofitel Philadelphia at Rittenhouse Square · 306 keys · Luxury

Pebblebrook 8-K: $80.0 million for the 306-room Sofitel Philadelphia at Rittenhouse Square. Center City luxury — not a slice of the Q3 2022 proceeds line.

Pebblebrook Hotel Trust Form 8-K, August 2, 2022 (press dated August 3)

Pebblebrook closed the 306-room Sofitel Philadelphia at Rittenhouse Square on August 2, 2022 for $80.0 million to a third party. Harbor PPK is $80.0 million ÷ 306. Pebblebrook’s 10.0x / 8.6% 2019 lines are Pebblebrook’s narrative, not a second hotel price. Buyer unnamed. Harbor will not invent a split of Pebblebrook’s $183.9 million Q3 2022 proceeds line — each house already has its own named price. The $260.9 million 2022 year total stays combined. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimatePhiladelphiaCompare

Pebblebrook — illustrative lifestyle acquisition (see supplement)

Boston · 180 keys · Independent / boutique

Pebblebrook Hotel Trust investor supplement / 8-K

Pebblebrook often names price and cap rate on individual lifestyle hotels. Harbor points at the filing habit rather than freezing one year’s number as a permanent fact.

Open the tape →BostonCompare

21c Hotel Nashville — RLJ acquisition

21c Hotel Nashville · 124 keys · Upscale

RLJ 2022 10-K table: $59.0 million for the existing 124-room 21c Hotel Nashville. Downtown 21c — not a Motto Nashville PPK.

RLJ Lodging Trust Form 10-K for the year ended December 31, 2022 (closed July 29)

RLJ acquired the existing 124-room 21c Hotel Nashville on July 29, 2022 for a $59.0 million purchase price. Harbor PPK is $59.0 million ÷ 124. RLJ rounded the same math to about $476,000 per key. Use the table price, not transaction costs. Seller unnamed. Not Xenia’s W Nashville $328.7 million, not Motto Nashville $98.2 million, and not Union Station $56.0 million. The $49.9 million 2022 sold pair stays combined. Older than the 2025–26 blotter cut.

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Hilton Garden Inn Chicago/Oakbrook Terrace — Park disposition

Hilton Garden Inn Chicago/Oakbrook Terrace · 128 keys · Upscale

Park Q2 2022 Exhibit 99.1: $9.4 million for the 128-room Hilton Garden Inn Chicago/Oakbrook Terrace. West-suburban Garden Inn — not a Michigan Avenue PPK.

Park Hotels & Resorts Exhibit 99.1, second quarter 2022 (sold July)

Park sold the 128-room Hilton Garden Inn Chicago/Oakbrook Terrace in July 2022 for $9.4 million. Harbor uses the first of July rather than inventing a closing day. Harbor PPK is $9.4 million ÷ 128. The same Q2 2022 Exhibit 99.1 names July, the 128 rooms, and that price. Use the $9.4 million hotel price, not Park’s $73,000/key rounding and not the 10-Q “approximately $9 million” line. Buyer unnamed. Not a Michigan Avenue tape, not Summit’s Lombard or Hoffman Estates Hyatt Place, and not Hilton Garden Inn LAX/El Segundo $37.5 million / 162. 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. The $102 million April–June 2022 proceeds line and the $149 million 2022 proceeds line stay combined. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateChicagoCompare

The Marker San Francisco — Pebblebrook disposition

The Marker San Francisco · 208 keys · Upscale

Pebblebrook 8-K: $77.0 million for the 208-room The Marker San Francisco. Union Square boutique — not a Zoe Wharf PPK and not an Embarcadero convention PPK.

Pebblebrook Hotel Trust Form 8-K, June 28, 2022 (press dated June 28)

Pebblebrook closed the 208-room The Marker San Francisco on June 28, 2022 for $77.0 million to a third party. Harbor PPK is $77.0 million ÷ 208. Pebblebrook’s 10.0x / 8.8% 2019 lines and the $25.0 million planned renovation are Pebblebrook’s narrative, not a second hotel price. Buyer unnamed in Pebblebrook’s filing — Harbor will not invent a desk from trade press. Not Hotel Spero $71.0 million, not Hotel Zoe Fisherman’s Wharf $68.5 million (2023), and not Sunstone’s $279 million Embarcadero Hyatt Regency. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateSan FranciscoCompare

Gurney’s Newport Resort & Marina — Pebblebrook acquisition

Gurney’s Newport Resort & Marina · 257 keys · Luxury

Pebblebrook 8-K: $174.0 million for the 257-room Gurney’s Newport Resort & Marina. Newport resort — not a Watch Hill palace PPK.

Pebblebrook Hotel Trust Form 8-K, June 23, 2022 (closed June 23)

Pebblebrook completed the acquisition of the 257-room Gurney’s Newport Resort & Marina in Newport, Rhode Island on June 23, 2022 for $174.0 million from an unaffiliated third party. Harbor PPK is $174.0 million ÷ 257. The same June 23, 2022 8-K names June 23, the 257 rooms, and that price. Use the $174.0 million hotel price, not the revolving credit-facility draw. Seller unnamed. Filing names Newport, Rhode Island — Harbor will not invent a Goat Island lock. Later Newport Harbor Island Resort is a rebrand, not a second tape. Not The Chanler and not a Watch Hill palace PPK. Inn on Fifth stays off (hotel plus adjacent development parcel). Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateNewportCompare

The Confidante Miami Beach — Sunstone acquisition

The Confidante Miami Beach · 339 keys · Upper upscale

Sunstone Q2 2022 10-Q: $232.0 million contractual for the fee-simple 339-room The Confidante Miami Beach. Miami Beach Confidante — not a downtown Biscayne PPK.

Sunstone Hotel Investors Form 10-Q, quarter ended June 30, 2022 (closed June)

Sunstone purchased the fee-simple interest in the 339-room The Confidante Miami Beach, Florida in June 2022 for a contractual purchase price of $232.0 million. Harbor uses the first of June rather than inventing a closing day. Harbor PPK is $232.0 million ÷ 339. The same Q2 2022 10-Q names June, the 339 rooms, and that contractual price. Use the $232.0 million hotel price, not the $60 million renovation, not the $140.0 million credit-facility draw, and not the $0.5 million in-place allocation. Seller unnamed. Later Andaz Miami Beach is a rebrand, not a second tape. Not Host’s 2022 YVE $50 million / 242 downtown tape, not Pebblebrook’s 2023 Colonnade Coral Gables $63 million / 157 tape, and not Pebblebrook’s 2021 Margaritaville Hollywood Beach $270 million / 369 tape — that PPK is not a fee deed. The Hilton San Diego Bayfront 25% interest stays off. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateMiami / South BeachCompare

The Cosmopolitan of Las Vegas — Blackstone to MGM

The Cosmopolitan of Las Vegas · 3027 keys · Luxury

Total consideration: cash, assumed CMBS, and residual land — not rooms-only.

MGM Resorts press release (announced 2021; closed 2022)

MGM acquired The Cosmopolitan from Blackstone. Published consideration mixed cash, $3.68B CMBS assumption, and residual land. Hotel-casino. Do not use this PPK on a rooms-only boutique.

Open the tape →FramePacketEstimateLas VegasCompare

Sheraton New York Times Square Hotel — Host disposition

Sheraton New York Times Square Hotel · 1780 keys · Upper upscale

Host 10-Q: $373 million for the Sheraton New York Times Square Hotel, including a $250 million bridge loan. April 20, 2022 close per Host IR. Keys (1,780) from Host IR. Times Square convention box — not a palace PPK.

Host Hotels & Resorts Form 10-Q, quarter ended March 31, 2022 (April 20 close per Host IR; keys: Host IR 1,780-room)

Host sold the Sheraton New York Times Square Hotel in April 2022 for $373 million, including a $250 million bridge loan Host provided to the buyer. Host’s IR dated April 20, 2022 names the close as that day and the 1,780-room count — the sale 10-Q names the month and the $373 million, not the day or keys. Harbor PPK is $373 million ÷ 1,780. Use the $373 million sale price, not the $250 million seller loan. Host’s 28.0x / foregone-capex lines are Host’s narrative, not a second hotel price. Buyer unnamed in Host’s filing. Not the Marriott Marquis, not Host’s 2019 Westin Grand Central $302 million tape, and not Sunstone’s Hilton Times Square assignment. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateNew YorkCompare

Faena Hotel Miami Beach — reported capital conversations

Faena Hotel Miami Beach · 169 keys · Luxury

Miami trade press

Small luxury. Public consideration not disclosed in sources Harbor will stand behind. Listed as a news-level node only.

Open the tape →FramePacketEstimateMiami / South BeachCompare

YVE Hotel Miami — Host disposition

YVE Hotel Miami · 242 keys · Upscale

Host 10-Q: $50 million for YVE Hotel Miami, including $1 million of FF&E funds Host retained. April 2022; day-of-month not named. Keys (242) from Host’s 2014 IR. Downtown Biscayne — not a South Beach PPK.

Host Hotels & Resorts Form 10-Q, quarter ended March 31, 2022 (April close; day unnamed; keys: Host 2014 IR 242-room)

Host sold YVE Hotel Miami in April 2022 for $50 million, including $1 million of FF&E funds Host retained. Harbor uses the first of April rather than inventing a closing day. Harbor PPK is $50 million ÷ 242 from Host’s 2014 IR on the same house — the sale 10-Q does not restate keys. Use the $50 million sale price, not the $1 million FF&E Host kept. Buyer unnamed in Host’s filing. Not a South Beach luxury tape, not Host’s 2014 $57.5 million buy of the same house as b2, and not Sunstone’s 2022 Confidante Miami Beach $232.0 million / 339 tape. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateMiami / South BeachCompare

Kimpton Shorebreak Fort Lauderdale — DiamondRock acquisition

Kimpton Shorebreak Fort Lauderdale · 96 keys · Upper upscale

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

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

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.

Open the tape →FramePacketEstimateFort LauderdaleCompare

Hampton Inn & Suites Memphis – Shady Grove — Park disposition

Hampton Inn & Suites Memphis – Shady Grove · 131 keys · Upper midscale

Park Q1 2022 Exhibit 99.1: $11.5 million gross for the 131-room Hampton Inn & Suites Memphis – Shady Grove. Memphis Hampton — not a Peabody PPK.

Park Hotels & Resorts Exhibit 99.1, first quarter 2022 (sold April)

Park sold the 131-room Hampton Inn & Suites Memphis – Shady Grove in April 2022 for gross proceeds of $11.5 million. Harbor uses the first of April rather than inventing a closing day. Harbor PPK is $11.5 million ÷ 131. The same Q1 2022 Exhibit 99.1 names April, the 131 rooms, and that gross price. Use the $11.5 million hotel price, not Park’s $88,000/key rounding. Buyer unnamed. Not Apple’s 2018 Hampton Inn & Suites Memphis $39.0 million / 144 tape, not Apple’s 2021 Hilton Garden Inn Memphis $38.0 million / 150 tape, and not The Peabody. 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. The $102 million April–June 2022 proceeds line and the $149 million 2022 proceeds line stay combined. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateMemphisCompare

W Nashville — Xenia acquisition

W Nashville · 346 keys · Luxury

Xenia 8-K Exhibit 99.1: $328.7 million for the 346-key W Nashville. Gulch W — not a Motto Nashville PPK and not a 21c PPK.

Xenia Hotels & Resorts Form 8-K Exhibit 99.1, March 29, 2022 (closed March 29)

Xenia acquired the 346-key W Nashville on March 29, 2022 for a $328.7 million purchase price. Harbor PPK is $328.7 million ÷ 346. Xenia rounded the same math to about $950,000 per key. Rooms sit with that named price in the same 8-K exhibit. Use the $328.7 million exhibit price, not the 8-K body’s “approximately $328.7 million (subject to customary adjustments)” line as a second hotel price. Seller unnamed as a Harbor party — the 8-K names Nashville Gulch, LLC; Harbor will not invent a desk beyond that paper. Not Motto Nashville $98.2 million, not 21c Hotel Nashville $59.0 million, and not Union Station $56.0 million. Older than the 2025–26 blotter cut.

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Hilton Garden Inn Destin Miramar Beach — Chatham Lodging acquisition

Hilton Garden Inn Destin Miramar Beach · 111 keys · Upscale

Chatham Q1 2022 8-K Exhibit 99.1: $31 million for the existing 111-room Hilton Garden Inn Destin Miramar Beach. Beachside Garden Inn — not a Tampa Brandon Homewood PPK.

Chatham Lodging Trust Form 8-K Exhibit 99.1, quarter ended March 31, 2022 (closed March 8)

Chatham acquired the existing 111-room Hilton Garden Inn Destin Miramar Beach on March 8, 2022 for a $31.0 million purchase price. Harbor PPK is $31.0 million ÷ 111. Chatham rounded the same math to about $279,000 per key. Seller unnamed. Close day is the Q1 2022 10-Q. Not Apple’s Tampa-Brandon Homewood $18.8 million tape, not DiamondRock’s Henderson Beach Resort $112.5 million / 170 tape, and not Henderson Park Inn $27.5 million / 37. Chatham’s $80 million 2022 sales line stays combined. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateDestin / Miramar BeachCompare

The Venetian Resort Las Vegas — Sands to Apollo / VICI

The Venetian Resort Las Vegas · 7092 keys · Upper upscale

Ops to Apollo affiliates; real estate to VICI. Includes expo and gaming.

Las Vegas Sands / VICI Properties press releases, 2021–2022

Las Vegas Sands sold The Venetian Resort. Structure split operations and real estate. $6.25B is not a rooms-only hotel sale. Expo, retail, and gaming are inside the number.

Open the tape →FramePacketEstimateLas VegasCompare

Sheraton Boston Hotel — Host disposition

Sheraton Boston Hotel · 1220 keys · Upper upscale

Host 10-Q: $233 million for the Sheraton Boston Hotel, including a $163 million bridge loan. February 2022; day-of-month not named. Keys (1,220) from Host IR. Back Bay convention box — not a Park Plaza PPK.

Host Hotels & Resorts Form 10-Q, quarter ended March 31, 2022 (February close; day unnamed; keys: Host IR 1,220-room)

Host sold the Sheraton Boston Hotel in February 2022 for $233 million, including a $163 million bridge loan Host provided to the buyer. Harbor uses the first of February rather than inventing a closing day. Harbor PPK is $233 million ÷ 1,220 from Host’s IR — the sale 10-Q does not restate keys. Use the $233 million sale price, not the $163 million seller loan and not the $12 million gain. Host’s 14.2x / foregone-capex lines are Host’s narrative, not a second hotel price. Buyer unnamed in Host’s filing. Not Sunstone’s $370 million Park Plaza tape and not Chatham’s Billerica Homewood. Older than the 2025–26 blotter cut.

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Hyatt Centric Chicago Magnificent Mile — Sunstone leasehold disposition

Hyatt Centric Chicago Magnificent Mile · 419 keys · Upper upscale

Sunstone Exhibit 99.1: $67.5 million contractual for the leasehold interest in the 419-room Hyatt Centric Chicago Magnificent Mile. Leasehold — not a fee palace PPK.

Sunstone Hotel Investors Exhibit 99.1, February 22, 2022 (closed February 1)

Sunstone sold the leasehold interest in the 419-room Hyatt Centric Chicago Magnificent Mile on February 1, 2022 for a contractual sale price of $67.5 million. Harbor PPK is $67.5 million ÷ 419 and is a leasehold number — do not apply it as a fee-simple Magnificent Mile rooms deed. Use the $67.5 million contractual price, not the $67.231 million net (which includes a $4.0 million December 2021 deposit). Sunstone’s 13.3x / 5.6% 2019 lines are Sunstone’s narrative, not a second hotel price. Buyer unnamed. Embassy Suites Chicago + Hilton Garden Inn Magnificent Mile $129.5 million pair stays combined. Not a suburban Lombard or Hoffman Estates Hyatt Place. Older than the 2025–26 blotter cut.

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Chicago Athletic Association — AJ Capital hold / brand overlay

Chicago Athletic Association · 241 keys · Independent / boutique

Trade press, AJ Capital / Pendry overlay

Adaptive reuse. Brand overlay (Pendry) is not a real-estate sale. Harbor records the house without inventing a price.

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Kimpton Hotel Monaco Chicago — Xenia disposition

Kimpton Hotel Monaco Chicago · 191 keys · Upper upscale

Xenia Q1 2022 10-Q: $36.0 million for the 191-room Kimpton Hotel Monaco Chicago. January 2022; day-of-month not named. Downtown Kimpton — not a Monaco Seattle PPK and not a leasehold Mag Mile PPK.

Xenia Hotels & Resorts Form 10-Q, quarter ended March 31, 2022 (January close; day unnamed)

Xenia sold the 191-room Kimpton Hotel Monaco Chicago in January 2022 for $36.0 million. Harbor uses the first of January rather than inventing a closing day. Harbor PPK is $36.0 million ÷ 191. Use the $36.0 million sale price, not a net-proceeds line. Buyer unnamed. Not Hotel Monaco Seattle $63.25 million, not Kimpton Hotel Monaco Denver $69.8 million, and not Sunstone’s Hyatt Centric Magnificent Mile $67.5 million leasehold. Older than the 2025–26 blotter cut.

Open the tape →FramePacketEstimateChicagoCompare