Hotel Business

MAY 23, 2025

The sale is expected to be completed in June and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all. When adjusted for the company’s anticipated CapEx, the sale price represents a 3.2% capitalization rate on net operating income or 23.6x

Net Operating Income 59

Net Operating Income Sales Process Sales Dining 59

Hotel Business

DECEMBER 4, 2024

The sale is expected to be completed in January and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all. When adjusted for the company’s anticipated capital expenditures, the sale price represents a 5.9%

Net Operating Income 59

Net Operating Income Sales Process Sales Closing 59

Hotel Business

FEBRUARY 29, 2024

The sale is expected to be completed in March and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all. 31, 2023, the hotel’s net income was $2.3 million, its net operating income was $14.9 2023 hotel EBITDA.

Net Operating Income 59

Net Operating Income Sales Process Sales Closing 59

Hotel Business

APRIL 29, 2024

has closed on the sale of the 85-room Hampton Inn Lawrenceville in Lawrenceville, GA, for $8.1 The sale price represented a 6% capitalization rate on trailing 12-month net operating income through March. Ashford Hospitality Trust Inc. million ($95,300 per key). appeared first on hotelbusiness.com.

Net Operating Income 69

Net Operating Income Sales Process Sales Closing 69