Embassy Suites by Hilton Sarasota sells to Kolter Hospitality

This roundup features the latest hotel deals in the US hospitality industry.


Rooms: 180
Location: Sarasota, Florida
Price, including debt: N/A
Price per room: N/A
Buyer: Kolter Hospitality
Seller: N/A
Trade date: April 25, 2022
Takeaway: The hotel has 3,262 square feet of flexible meeting space.


Rooms: 200
Location: Orlando, Florida
Price including debt: N/A
Price per room: N/A
Buyer: HKB Investment Group
Seller: Sun Vista Hotels
Trade date: April 22, 2022
Takeaway: DHS Hotel Advisors represented the seller and Marcus & Millichap represented the buyer.


Rooms: 1,780
Location: New York
Price including debt: $373 million
Price per room: $210,000
Buyer: Joint venture between MCR and Island Capital Group
Seller: Host Hotels & Resorts
Transaction date: April 20, 2022
Takeaway: Host is providing a $250 million bridge loan to the joint venture.


Rooms: 192
Location: Waltham, MA
Price, including debt: N/A
Price per room: N/A
Buyer: Mission Hill Hospitality
Seller: N/A
Trade date: April 5, 2022
Takeaway: Island Hospitality operates the hotel.


Rooms: 38
Location: Oxford, Mississippi
Price, including debt: N/A
Price per room: N/A
Buyer: BNA Associates
Seller: Sendero Energy
Trade date: April 5, 2022
Takeaway: CBRE hosted the sale.


Rooms: 56
Location: Chatham, MA
Price including debt: $18 million
Price per room: $321,429
Buyer: Procaccianti Companies
Seller: Chatfield Company
Transaction date: March 31, 2022
Takeaway: The hotel is managed by TPG Hotels, Resorts & Marinas.

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