The Georgetown Company buys the Hutton Hotel in Nashville

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


Rooms: 250
Location: Nashville, Tennessee
Price: N/A
Price per room: N/A
Buyer: The Georgetown Company
Seller: N/A
Transaction date: January 20, 2022
Takeaway: The all-cash purchase is the first through the billion-dollar hotel investment platform launched in 2021 in partnership with hotel management company First Hospitality.


Rooms: 122
Location: Kailua-Kona, Hawaii
Price including debt: $21 million
Price per room: $172,131
Buyer: Shapery Enterprises
Seller: Kimi Family
Transaction date: January 19, 2022
Takeaway: JLL marketed the property on behalf of the Kimi family.


The Hyatt Centric Wall Street New York, formerly Andaz Wall Street, has been sold for $85 million. (CoStar/James Hooker)

Rooms: 253
Location: New York
Price including debt: $85 million
Price per room: $334,704
Buyer: Navika Group of Companies and Blue Sky Hospitality Solutions Management Company
Seller: N/A
Transaction date: January 18, 2022
Takeaway: The hotel was previously known as Andaz Wall Street and rebranded as Hyatt Centric Wall Street New York.


KHP Capital Partners has purchased The Press Hotel, Autograph Collection, in Portland, Maine. (Costar)

Rooms: 110
Location: Portland, Maine
Price, including debt: N/A
Price per room: N/A
Buyer: KHP Capital Partners
Seller: Fathom Companies
Transaction date: January 12, 2022
Takeaway: JLL marketed the property on behalf of Fathom Companies.


Rooms: 117
Location: New Orleans, Louisiana
Price, including debt: N/A
Price per room: N/A
Buyer: Angevin & Co. and GBX Group
Seller: Joe Jaeger

Trade date: January 10, 2022
Takeaway: Buyers specialize in preserving and operating historic real estate in urban markets.


RLJ Lodging Trust bought the Moxy Denver Cherry Creek for $51.3 million. (Costar)

Rooms: 170
Location: Denver, Colorado
Price including debt: $51.3 million
Price per room: $301,000
Buyer: RLJ Lodging Trust
Seller: BMC Investments
Trade date: January 10, 2022
Takeaway: The hotel opened at the end of 2017.


RLJ has sold the DoubleTree Hotel Metropolitan New York for $169 million. (Costar)

Rooms: 764
Location: New York
Price including debt: $169 million
Price per room: $221,204
Buyer: Hawkins Way Capital
Seller: RLJ
Trade date: January 10, 2022
Takeaway: As a result of this sale, the company owns two hotels in New York.


Rooms: 103
Location: Marathon, Florida
Price including debt: $63 million
Price per room: $611,650
Buyer: DiamondRock Hospitality Company
Seller: N/A
Transaction date: January 6, 2022
Takeaway: The property is a resort with 1,000 linear feet of shoreline.


Rooms: 170; 103
Location: Destin, Florida
Price including debt: $112.5 million
Price per room: $661.7 million
Buyer: DiamodRock Hospitality Company
Seller: N/A
Transaction date: December 23, 2021
Takeaway: The Henderson Beach Resort is next to the beachfront Henderson Park Inn, which DiamondRock bought earlier in 2021.

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