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Westin Annapolis hotel sold for $51 million to firm led by Naval Academy graduate

Westin Annapolis hotel sold for $51 million to firm led by Naval Academy graduate
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Want To Buy A Historic Hotel? The Sale Of The Property Is Just The Beginning Of The Money You'll Have To Shell Out

Though overall investment volume for new properties is down almost 70%, according to CoStar Group, hotel and hospitality investors are not letting a lack of bank funding and high-interest rates stall their enthusiasm to buy already existing properties. A recent report from JLL showed record sales this year for existing high-quality assets located in desirable and growing markets. But what's being done with the properties after purchase has become a talking point for many investors and hospitalit ....

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Westin Annapolis Hotel in Maryland Sold

Article - Westin Annapolis Hotel in Maryland Sold - District Hospitality Partners, a privately held hospitality investment group that owns properties nationwide, announced today the acquisition of the Westin Annapolis. ....

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