Napa Valley Marriott Hotel & Spa Sells for $72 Million

Lighthouse Lodging Group Inc. sold the Napa Valley Marriott Hotel and Spa in Napa, CA. Inland American Lodging Group Inc., an affiliate of Inland American Real Estate Trust, purchased the 275-room property for $ 72 million, or approximately $ 261,000 per room.

“The Napa Valley Marriott is an excellent addition to our portfolio in a key destination market in Northern California, a region not heavily represented in Inland American’s lodging portfolio…
National Commercial Real Estate News From CoStar Group