Article - 189 Room Hotel Monaco Seattle in Seattle, WA Sold for $63.3 Million - For the trailing twelve months ended March 31, 2023, the hotels net operating income was $1.6 million, and its Hotel EBITDA was $2.1 million, with the $63.3 million sales price reflecting a 30.7x EBITDA multiple and a 2.5% net operating income capitalization rate.
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For the Three Months Ended March 31, 2023 and 2022
Three Months Ended March 31,
2023
2022
Basic and diluted income per share:
Net income per share available to common stockholders. | May 2, 2023
/PRNewswire/ Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced results for the quarter ended March 31, 2023. First Quarter.
Pebblebrook Hotel Trust today announced that on March 28, 2023, it closed on the sale of the 157-room Hotel Colonnade Coral Gables, Autograph Collection in Coral Gables, FL for $63.0 million to a. | March 29, 2023
/PRNewswire/ Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has completed the acquisition of the luxury.