Transaction, USA | Host Hotels & Resorts acquiert 1 Hotel Central Park et finalise l’acquisition du Ritz-Carlton O’ahu, Turtle Bay
🏡 Host Hotels & Resorts acquired full ownership of the 234-room 1 Hotel Central Park for approximately $265 million in cash. The property is expected to rank among the host's top 10 assets based on estimated full-year 2024 outcomes, with a predicted RevPAR (Revenue per Available Room) of $545, a total RevPAR of $735, and an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) per key over $100,000. Opened in 2015, the LEED Certified 1 Hotel Central Park is a luxury sustainable hotel with 234 keys, including 25 suites and a recently added 5-key penthouse. Host Hotels & Resorts also plans a $680 million full-ownership acquisition of the 450-room Ritz-Carlton O’ahu Turtle Bay.
Partager