The resort itself sold for $27 million, which included the 117-room, 153-acre resort. The adjacent ranch, a 595-acre parcel purchased for approximately $6 million.
DiamondRock Hospitality acquired Chico for $33 million, according to a press release. The 153-acre, 117-room resort was purchased for $27 million along with the 595-acre adjacent ranch for $6 million.
The resort itself sold for $27 million, which included the 117-room, 153-acre resort. The adjacent ranch, a 595-acre parcel purchased for approximately $6 million.
DiamondRock Hospitality (NYSE:DRH – Get Rating) and Arbor Realty Trust (NYSE:ABR – Get Rating) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, valuation, institutional ownership, risk, profitability, dividends and analyst recommendations. Valuation and Earnings This table compares DiamondRock Hospitality and […]