Brynn holds XHR 17.81: During the 12 months ended June 30, revenue per available room was $235, according to Xenia.

Sage Hospitality will continue to manage the hotel following the sale, according to a news release from Xenia. The company owns 49 hotels comprising 13,054 rooms across 20 states and the District of Columbia, and has a majority interest in two hotels under development. The expansion also includes the construction of a new six-story wing featuring 96 additional guest rooms, more than 7,000 square feet of indoor meeting space, nearly 1,700 square feet of outdoor patio space and a three-level parking garage. The hotel is in close proximity to Fenway Park and Boston University and, upon completion of its current expansion project, will include 245 rooms. The transaction is expected to close in early 2016. The hotel will continue to be managed by Sage Hospitality.


Raina:
Today, Sage Hospitality manages hotels under the Marriott, Starwood, Hilton and Hyatt brands in addition to operating a growing number of independent, non-branded properties.

Karen:
About Xenia Hotels & Resorts, Inc.

Son:
Sage Hospitality has managed the hotel since 2012.  Sage currently manages two additional hotels in the Xenia portfolio, the Marriott Napa Valley Hotel & Spa and the Residence Inn Denver City Center.

Andera:
The restaurants and retail space are not being acquired in this transaction.

Deidre:
The Hotel Palomar underwent an adaptive reuse in 2009 from a former historic office building.

Kristel:
Aside form the 84 guestrooms, it holds 36 expansive suites and 10 riverfront one- and two- bedroom condominiums.

Emelia:
The 97-key Canary Hotel in downtown Santa Barbara, Calif.

Kerstin:
Unless, otherwise mentioned by the undersigned writer.

Clarissa:
The company funded the acquisitions with cash and its line of credit.

Allen:
In addition to these three hotels, Kimpton currently manages four other Xenia hotels, the Lorien Hotel in Alexandria, VA, and  three Hotel Monaco properties in Chicago, IL, Denver, CO, and Salt Lake City, UT.

Xenia Hotels & Resorts Inc. (NYSE:XHR)
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