Hotel deals continue in Manhattan

2019-03-11 Tag: Manhattan

Manhattan,Hotel deals continue in Manhattan

Manhattan saw six hotel transactions total roughly $741 million in the fourth quarter of 2018, according to PWC’s Manhattan Lodging Index.

The biggest deal of the quarter was the sale of the 934-room Park Central Hotel on 18 November. That property sold for $366.2 million, equating to $392,045 per key.



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