Boston Park Plaza sells for $370M, will rebrand as Hilton hotelmanagement.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hotelmanagement.net Daily Mail and Mail on Sunday newspapers.
Article - Parks Hospitality Holdings Acquires Boston Park Plaza Hotel - Rebrands Hotel to Hilton Flag - Located at 50 Park Plaza in Boston s central Back Bay neighborhood, the 1,060-key property will see the property transition to Hilton Boston Park Plaza as part of a post-acquisition rebranding initiative.
Aliso Viejo-based Sunstone Hotel Investors (NYSE: SHO) on Thursday completed the sale of the 1,060-room Boston Park Plaza hotel, now a Hilton property, for $370 million, or approximately $350,000 per key.
Article - 1,060 Room Boston Park Plaza Hotel Sold for $370 Million - Sunstone Hotel Investors, Inc. (NYSE: SHO) today announced that it has completed the sale of the 1,060-room Boston Park Plaza for a gross sale price of $370 million, or approximately $350,000 per key.