M&A Deal Summary |
|
|---|---|
| Date | 2011-05-16 |
| Target | Radisson Lexington Hotel |
| Sector | Restaurants |
| Buyer(s) | Diamondrock Hospitality |
| Deal Type | Add-on Acquisition |
| Deal Value | 335M USD |
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| Category | Company |
|---|---|
| Sector | Real Estate |
| Employees | 30 |
| Revenue | 1.0B USD (2022) |
Diamondrock Hospitality is a self-advised real estate investment trust (REIT) that is an owner of a portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company owns 27 premium quality hotels with over 11,000 rooms. Diamondrock Hospitality is based Bethesda, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 10 |
| Sector (Restaurants) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 8 |
| State (New York) | 1 of 1 |
| Country (United States) | 1 of 10 |
| Year (2011) | 1 of 1 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-07-09 |
The Westin San Diego
San Diego, California, United States The Westin San Diego is a 436-room full-service hotel located in downtown San Diego featuring over 19,000 square feet of meeting space. The hotel opened in 1991 as part of a San Diego mixed-use facility and was converted to the Westin brand in 2007 after undergoing a major renovation. The hotel is within walking distance of several major group and leisure demand generators, including the San Diego Convention Center, Seaport Village, Little Italy, Gaslamp Quarter and is across the street from the new Federal Courthouse (expected to open in late 2012). |
Buy | - |
