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Downtown Blackstone hotel acquired in portfolio deal Downtown Blackstone hotel acquired in portfolio deal https://www.recenter.tamu.edu/news/newstalk-texas/?Item=167682017-06-06T05:00:00Z2017-06-06T18:55:00Z

​​FORT WORTH – The Courtyard Fort Worth Downtown Blackstone hotel is part of a group of properties that have been acquired by Summit Hotel Properties Inc. from Xenia Hotels & Resorts Inc.

The two companies announced June 5, 2017 that Summit has acquired an 812-guestroom, five-hotel portfolio from Xenia for $163 million.

The portfolio includes: 
  • 203-guestroom Courtyard Fort Worth Downtown/Blackstone;
  • 123-guestroom Courtyard Kansas City Country Club Plaza; 
  • 182-guestroom Courtyard Pittsburgh Downtown;
  • 116-guestroom Hampton Inn & Suites Baltimore Inner Harbor; and
  • the 188-guestroom Residence Inn Baltimore Downtown/Inner Harbor. 
The closing of the transaction is subject to customary closing conditions and is expected to occur by early July 2017.
Fort Worth Business Press
Dallas-Fort Worth-Arlington
Hotel
http://www.fortworthbusiness.com/news/downtown-fort-worth-hotel-acquired-by-austin-group/article_412c66f4-49fa-11e7-8562-9f7eb1963c71.html

​Want more da​ta? ​See DFW Hotel Market Research. 

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