trending Market Intelligence /marketintelligence/en/news-insights/trending/aFDN0ZI-woQawaXJlClPnw2 content esgSubNav
In This List

Xenia Hotels & Resorts pays $190M for Hyatt Regency Portland

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Blog

Insight Weekly: Stocks limp into 2023; GCC banks set for rebound; deep-sea mining faces pushback

Infographic

Infographic: The Big Picture 2023 Sustainability Outlook

Blog

The Big Picture for 2023: Assessing Investment Trends and the Impact of Investor Activism


Xenia Hotels & Resorts pays $190M for Hyatt Regency Portland

Xenia Hotels & Resorts Inc. paid $190 million to acquire the newly constructed 14-story, 600-room Hyatt Regency Portland at the Oregon Convention Center.

The hotel and resort real estate investment trust funded the purchase of the Hyatt-managed hotel with cash available on its balance sheet and its senior unsecured credit facility.

Separately, the REIT sold the 409-room Marriott Griffin Gate Resort & Spa in Lexington, Ky., for $51.5 million and the 113-room Marriott Chicago for $10.0 million.