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 M
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Walton Street To Sell Denver Marriott for $119M

An affiliate of Walton Street Capital agreed to sell the Denver Marriott City Center in downtown Denver, CO, for $ 119 million, or approximately $ 194,000 per room. Chesapeake Lodging Trust (NYSE:CHSP), a lodging REIT, is the buyer. The transaction is set to close next month. Walton T
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