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DiamondRock Hospitality Completes Sale of Westin Washington, D.C. City Center

Lodging

19, 2025, it completed the sale of the 410-room Westin Washington, D.C. The sales price represents an 11.2x percent capitalization rate on 2024 hotel net operating income, or a capitalization rate of 5.6 The sales price represents an 11.2x City Center for a contract price of $92.0

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MCR Completes Sale of Residence Inn by Marriott Philadelphia Langhorne

Lodging

NEW YORK—MCR announced it has completed the sale of the 100-room Residence Inn by Marriott Philadelphia Langhorne located in Langhorne, Pennsylvania for $22.1 By completing its business plan, MCR doubled the hotel’s net operating income throughout its ownership. million, or $221,000 per key.

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Pebblebrook Hotel Trust Closes Sale of Hotel Monaco Seattle

Lodging

BETHESDA, Maryland—Pebblebrook Hotel Trust announced that it closed on the sale of the 189-room Hotel Monaco Seattle in Seattle, Washington, for $63.3 For the trailing twelve months ended March 31, 2023, the hotel’s net operating income was $1.6 million sales price reflecting a 30.7x million to a third party.

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Sunstone Hotel Investors Completes Sale of Hilton New Orleans St. Charles

Lodging

announced that it has completed the sale of the 252-room Hilton New Orleans St. Charles for a gross sale price of $47 million, or approximately $187,000 per key. The sale price represents a 10.1x percent cap rate on 2024 Hotel Net Operating Income. ALISO VIEJO, California—Sunstone Hotel Investors, Inc.

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Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update

Lodging

announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 The sale price represented a 6.0 percent capitalization rate on trailing 12-month net operating income through March 2024. DALLAS, Texas—Ashford Hospitality Trust, Inc. million ($95,300 per key).

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Pebblebrook completes sale of Hotel Zoe Fisherman’s Wharf

Hotel Business

Pebblebrook Hotel Trust has closed on the sale of the 221-room Hotel Zoe Fisherman’s Wharf in San Francisco for $68.5 30, the hotel’s net loss was $1.2 million, its net operating income was $2.2 30, the hotel’s net loss was $1.2 million, its net operating income was $2.2

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Braemar to sell Seattle Marriott Waterfront for $145M

Hotel Business

Including anticipated capital expenditures of $7 million, the sale price represents an 8.1% capitalization rate on net operating income for the trailing 12 months ended May 31. “We are pleased to announce the planned sale of the Marriott Seattle Waterfront,” said Richard J.