The transaction generated approximately $46.0 million in net proceeds for the Company after transaction costs. As part of Marriott International's family of brands, we have implemented a multi-pronged approach to meet the health and safety requirements of our "Commitment to Clean" standards. Le Residence Inn Boston est un hôtel au bord de l'eau, qui se situe près du Freedom Trail, de l'USS Constitution, du TD Banknorth, du Parc Fenway et du quartier des théâtres. Residence Inn Boston Cambridge offers extended-stay suites with kitchens near Massachusetts Institute of Technology. Article - Residence Inn Boston Cambridge Sold For $107.5 Million - Xenia Hotels & Resorts, Inc. (NYSE: XHR) last week announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million, or approximately $486,500 per key. Xenia Hotels Resorts, Inc. (NYSE: XHR ) ("Xenia" or the "Company") today announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million , or approximately $486,500 per key. The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel EBITDA and … This transaction, which exemplifies our focus on value creation for our shareholders and our continued dedication to our long-term strategy, has created additional balance sheet flexibility during this unprecedented time.”. The rooms are all equipped with a double sofa bed and a flat-screen satellite TV. A hot breakfast is served each morning in the hotel’s restaurant, while a reception is provided in the evenings. WiFi and an evening social are free, and this hotel also features a gym. Residence Inn by Marriott Boston Cambridge: Feeling Safe - See 533 traveler reviews, 191 candid photos, and great deals for Residence Inn by Marriott Boston Cambridge at Tripadvisor. Book now at 32 restaurants near Residence Inn by Marriott Boston Cambridge on OpenTable. Treating others like we'd like to be treated. No booking fees. Xenia's hotels are in the luxury and upper upscale segments, and operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, and Hilton, as well as leading independent management companies including The Kessler Collection and Sage Hospitality. Enjoy free WiFi, free parking, and a 24-hour fitness center. Maps & Transportation A, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Residence Inn Marriott Boston Cambridge Aparthotel; Residence Inn Marriott Boston Cambridge; Resince riott Boston Cambridg; Policies State tax ID - C0014440491. About Xenia Hotels & Resorts, Inc.Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States. "We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio," commented Marcel … Residence Inn Boston Cambridge. L'hôtel dispose d'une réception ouverte 24 heures sur 24, d'une cheminée en plein air et d'un stockage des bagages. All guest accommodations at Residence Inn Boston Cambridge feature a fully equipped kitchen. 1. Photo: Tony Webster, CC BY 2.0. Sorry, your blog cannot share posts by email. See 535 traveler reviews, 234 candid photos, and great deals for Residence Inn by Marriott Boston Cambridge, ranked #8 of 21 hotels in Cambridge and rated 4 of 5 at Tripadvisor. Vous pouvez également compter sur un wi-fi gratuit pour rester connecté tout au long de votre séjour. Volpe Center est située à 670 pieds à l'est de Residence Inn by Marriott Boston Cambridge. האורחים נהנים ממידות נוחות. L'hôtel accepte les animaux de compagnie et vous propose aussi des chambres traitées contre les allergies. All guest accommodations at Residence Inn Boston Cambridge feature a fully equipped kitchen. “We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio,” commented Marcel Verbaas, Xenia’s Chairman and Chief Executive Officer. by Released Xenia Hotels & Resorts has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Mass., for $107.5 million. “We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio,” commented Marcel … BOSTON– Holliday Fenoglio Fowler, L.P. (HFF) announced the sale of the 120-suite Residence Inn Boston Downtown Seaport located in the Fort Point neighborhood of Boston, Massachusetts.. For more information on Xenia's business, refer to the Company website at www.xeniareit.com. Watertown’s Brand New Extended Stay Hotel – Where Boston Meets Cambridge. Find the travel option that best suits you. The rooms are all equipped with a double sofa bed and a flat-screen satellite TV. Jumpstart Pack Contents, Stock Market Worksheet Answers, Compiz Reloaded Ubuntu, Matrix Socolor Swatch Book For Sale, Ugly Dumpling Upstairs Or Downstairs, Sarus Crane Story, Benefits Of Trout Vs Salmon, Game Dev Studio Engine, " /> The transaction generated approximately $46.0 million in net proceeds for the Company after transaction costs. As part of Marriott International's family of brands, we have implemented a multi-pronged approach to meet the health and safety requirements of our "Commitment to Clean" standards. Le Residence Inn Boston est un hôtel au bord de l'eau, qui se situe près du Freedom Trail, de l'USS Constitution, du TD Banknorth, du Parc Fenway et du quartier des théâtres. Residence Inn Boston Cambridge offers extended-stay suites with kitchens near Massachusetts Institute of Technology. Article - Residence Inn Boston Cambridge Sold For $107.5 Million - Xenia Hotels & Resorts, Inc. (NYSE: XHR) last week announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million, or approximately $486,500 per key. Xenia Hotels Resorts, Inc. (NYSE: XHR ) ("Xenia" or the "Company") today announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million , or approximately $486,500 per key. The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel EBITDA and … This transaction, which exemplifies our focus on value creation for our shareholders and our continued dedication to our long-term strategy, has created additional balance sheet flexibility during this unprecedented time.”. The rooms are all equipped with a double sofa bed and a flat-screen satellite TV. A hot breakfast is served each morning in the hotel’s restaurant, while a reception is provided in the evenings. WiFi and an evening social are free, and this hotel also features a gym. Residence Inn by Marriott Boston Cambridge: Feeling Safe - See 533 traveler reviews, 191 candid photos, and great deals for Residence Inn by Marriott Boston Cambridge at Tripadvisor. Book now at 32 restaurants near Residence Inn by Marriott Boston Cambridge on OpenTable. Treating others like we'd like to be treated. No booking fees. Xenia's hotels are in the luxury and upper upscale segments, and operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, and Hilton, as well as leading independent management companies including The Kessler Collection and Sage Hospitality. Enjoy free WiFi, free parking, and a 24-hour fitness center. Maps & Transportation A, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Residence Inn Marriott Boston Cambridge Aparthotel; Residence Inn Marriott Boston Cambridge; Resince riott Boston Cambridg; Policies State tax ID - C0014440491. About Xenia Hotels & Resorts, Inc.Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States. "We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio," commented Marcel … Residence Inn Boston Cambridge. L'hôtel dispose d'une réception ouverte 24 heures sur 24, d'une cheminée en plein air et d'un stockage des bagages. All guest accommodations at Residence Inn Boston Cambridge feature a fully equipped kitchen. 1. Photo: Tony Webster, CC BY 2.0. Sorry, your blog cannot share posts by email. See 535 traveler reviews, 234 candid photos, and great deals for Residence Inn by Marriott Boston Cambridge, ranked #8 of 21 hotels in Cambridge and rated 4 of 5 at Tripadvisor. Vous pouvez également compter sur un wi-fi gratuit pour rester connecté tout au long de votre séjour. Volpe Center est située à 670 pieds à l'est de Residence Inn by Marriott Boston Cambridge. האורחים נהנים ממידות נוחות. L'hôtel accepte les animaux de compagnie et vous propose aussi des chambres traitées contre les allergies. All guest accommodations at Residence Inn Boston Cambridge feature a fully equipped kitchen. “We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio,” commented Marcel Verbaas, Xenia’s Chairman and Chief Executive Officer. by Released Xenia Hotels & Resorts has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Mass., for $107.5 million. “We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio,” commented Marcel … BOSTON– Holliday Fenoglio Fowler, L.P. (HFF) announced the sale of the 120-suite Residence Inn Boston Downtown Seaport located in the Fort Point neighborhood of Boston, Massachusetts.. For more information on Xenia's business, refer to the Company website at www.xeniareit.com. Watertown’s Brand New Extended Stay Hotel – Where Boston Meets Cambridge. Find the travel option that best suits you. The rooms are all equipped with a double sofa bed and a flat-screen satellite TV. Jumpstart Pack Contents, Stock Market Worksheet Answers, Compiz Reloaded Ubuntu, Matrix Socolor Swatch Book For Sale, Ugly Dumpling Upstairs Or Downstairs, Sarus Crane Story, Benefits Of Trout Vs Salmon, Game Dev Studio Engine, " />
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residence inn boston cambridge sale

Xenia Hotels & Resorts, Inc. (NYSE: XHR) today announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million, or approximately $486,500 per key.The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel EBITDA and net operating income, respectively. For additional information or to receive press releases via email, please visit our website at www.xeniareit.com. You'll be one block from the subway. The Residence Inn by Marriott Boston Watertown. 847 CAMBRIDGE, MA — Xenia Hotels & Resorts, Inc. announced it has sold the 221-room Residence Inn Cambridge in Cambridge, MA for a price of $107.5 million, or approximately $486,500 per key. ORLANDO, Fla., Oct. 1, 2020 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million, or approximately $486,500 per key. With a stay at Residence Inn by Marriott Boston Cambridge in Cambridge (MIT), you'll be a 5-minute walk from Kendall Square and 12 minutes by foot from Massachusetts Institute of Technology (MIT). How many nights? Proceeds from the sale will be utilized to repay borrowings under the Company's credit facilities and for general corporate purposes. Residence Inn By Marriott Boston Cambridge is 1.1 km from Harvard Bridge and features a picnic area and a tennis court. Xenia Hotels & Resorts Sells Residence Inn Boston Cambridge For $107.5 Million, Click to share on LinkedIn (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to email this to a friend (Opens in new window), Cabot, Cabot & Forbes Acquires 4.4-acre Parcel in Cambridge, West Shore LLC Makes the Company’s 30th Acquisition, Hampton Inn & Suites by Hilton Coming Soon to Arsenal Yards in Watertown, Nauset Completes ‘907 Main’ Boutique Hotel in Central Square, Kimpton Marlowe Hotel’s Guestroom Renovation Nears Completion in Cambridge, BRA Approves $586 million in new projects, Dakota Partners Closes on Depot Village in Hanson, MA. Distinguish your lifestyle from others - Regatta Riverview Residences offers a blend of sophisticated living and lavish amenities. Watertown’s Brand New Extended Stay Hotel – Where Boston Meets Cambridge. Xenia scoops $107.5 million on Massachusetts hotel sale 02 OCTOBER 2020 9:18 AM Xenia Hotels & Resorts announced it has sold to an unnamed buyer the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts, for $107.5 million. The Company also retained the approximately $3.8 million balance in the FF&E reserve. Il Residence Inn dista 9 km dall'Aeroporto Internazionale Logan e vanta un facile accesso ai trasporti pubblici grazie alla stazione della linea T Kendall/MIT, ubicata a solo 100 metri. CAMBRIDGE, MA — Xenia Hotels & Resorts, Inc. announced it has sold the 221-room Residence Inn Cambridge in Cambridge, MA for a price of $107.5 million, or approximately $486,500 per key. The Residence Inn Boston Cambridge features an indoor pool and a 24-hour fitness center. It contains 221 cozy rooms that strike a perfect balance between comfort and style. Sort. The Company also retained the approximately $3.8 million balance in the FF&E reserve. Proceeds from the sale will be utilized to repay borrowings under the Company’s credit facilities and for general corporate purposes. You can identify these statements by the fact that they do not relate strictly to historical or current facts. The Ray and Maria Stata Center or Building 32 is a 720,000-square-foot academic complex designed by Pritzker Prize-winning architect Frank Gehry for the Massachusetts Institute of Technology. When would you like to travel? Experience a refreshing getaway at Residence Inn Boston Cambridge. Le John A. Volpe National Transportation Systems Center ou plus simplement Volpe Center est un centre de recherche américain dédié aux transports et situé à Cambridge dans le Massachusetts. Compare reviews and find deals on hotels in with Skyscanner Hotels. Accommodations at this 3-star hotel have kitchens with full-sized refrigerators/freezers, stovetops, microwaves, and cookware/dishes/utensils. Residence Inn by Marriott Boston Cambridge is a popular choice amongst travelers in Cambridge (MA), whether exploring or just passing through. RI-Cambridge-GM, General Manager at Residence Inn by Marriott Boston Cambridge, responded to this review Responded January 2, 2020. The Company owns 38 hotels comprising 11,024 rooms across 16 states. Residence Inn Boston Cambridge is located at Six Cambridge Center, 120 Broadway - on the corner of Broadway and Ames Streets in Cambridge, Massachusetts. ... the Residence Inn Boston Cambridge in Cambridge. In connection with the transaction, the buyer assumed the $60.3 million mortgage collateralized by the hotel. If you're driving, limited on-site parking with in/out access is available for a fee. Hub 50 House (West End) Millennium Tower; 50 Liberty Seaport; 22 Liberty Seaport; Echelon Seaport; The Archer Residences; St Regis Residences; PIER 4; List Property; Language . Just make sure to check this property's cancellation policy for the exact terms and conditions. Residence Inn Boston Cambridge - Book online Residence Inn Boston Cambridge in Middlesex County, best price guarantee, no booking fee on Traveloka ORLANDO, Fla., Oct. 1, 2020 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million, or approximately $486,500 per key. Check prices, photos and reviews. Dear dalmoz, Thank you for recently staying with us and for taking the time to let us know about your stay. The previously announced sale of Marriott Napa Valley Hotel & Spa is expected to close before the end of October in accordance with the terms of the purchase and sale agreement that the Company executed in August. We are dedicated to providing you with superior service when it comes to purchasing your new home in the areas most exquisite residence. The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel EBITDA and net operating income, respectively. Le Residence Inn Boston Braintree est un hôtel familial proposant des chambres équipées d'une climatisation, d'un réfrigérateur et d'une kitchenette. Book now! Dates. The Company also retained the approximately $3.8 million balance in the FF&E reserve. Other factors that could cause results to differ are described in the filings made from time to time by the Company with the U.S. Securities and Exchange Commission and include the risk factors and other risks and uncertainties described in the Company's Annual Report on Form 10-K for the year ended December 31, 2019, its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020 and June 30, 2020 and its Current Reports on Form 8-K. The previously announced sale of Marriott Napa Valley Hotel & Spa is expected to close before the end of October in accordance with the terms of the purchase and sale agreement that the Company executed in August. The brand new Residence Inn by Marriott Boston Watertown is NOW OPEN! With complimentary Wi-Fi, a convenient hotel Market and well-equipped fitness center, Residence Inn Boston Cambridge has everything you need for a relaxing extended stay in a historic city. Residence Inn By Marriott Boston Cambridge 42.364053 , -71.088037 120 Broadway, Six Cambridge Center , Cambridge , Massachusetts , United States , 02142 show map This press release contains statements as to the Company's beliefs and expectations of the outcome of future events that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended . Residence Inn by Marriott Boston Cambridge, choses à faire près sur Tripadvisor : consultez 19 061 avis et 8 906 photos de voyageurs pour connaître tout ce qu'il y a à découvrir près de Residence Inn by Marriott Boston Cambridge à Cambridge, Massachusetts. How many nights? Massachusetts Institute of Technology (MIT) is minutes away. With a stay at Residence Inn by Marriott Boston Cambridge in Cambridge (MIT), you'll be a 5-minute walk from Kendall Square and 12 minutes by foot from Massachusetts Institute of Technology (MIT). Residence Inn Boston Cambridge inspires effortless relaxation with spacious hotel rooms and suites with fully equipped kitchens and ergonomic workspace. Massachusetts Institute of Technology (MIT) is minutes away. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. Book your stay and enjoy free hot breakfast and WiFi. Get the best deals on Residence Inn by Marriott Boston Cambridge. The Residence Inn by Marriott Boston Watertown. Residence Inn Boston Cambridge Sold For $107.5 Million Xenia Hotels & Resorts, Inc. (NYSE: XHR) last week announced it has sold the 221-room Residence Inn Boston Cambridge in … Le week-end, après avoir fait la grasse matinée, sortez de votre résidence étudiante de Study Inn Cambridge et rendez-vous au Museum of Cambridge situé en bas de votre rue. Xenia Hotels & Resorts (NYSE: XHR) sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for $107.5M, or ~$486,500/key. CAMBRIDGE, MA — Xenia Hotels & Resorts, Inc. announced it has sold the 221-room Residence Inn Cambridge in Cambridge, MA for a price of $107.5 million, or approximately $486,500 per key. Residence Inn by Marriott Boston Cambridge is a 3-star property in Cambridge, MA. There are numerous cafés and restaurants within short walking distance of the hotel. This hotel is 1.2 mi (1.9 km) from Massachusetts General Hospital and 1.5 mi (2.5 km) from The Freedom Trail. Residence Inn by Marriott Boston Cambridge, Cambridge Photo : Residence Inn Boston Cambridge - Living Room - Découvrez les 8 877 photos et vidéos de Residence Inn by Marriott Boston Cambridge prises par des membres de Tripadvisor. It has always been our guiding principle. Residence Inn Boston Cambridge is located at Six Cambridge Center, 120 Broadway - on the corner of Broadway and Ames Streets in Cambridge, Massachusetts. Smart televisions come with premium cable channels and Netflix. Now $118 (Was $̶1̶5̶0̶) on Tripadvisor: Residence Inn by Marriott Boston Cambridge, Cambridge. Ray and Maria Stata Center is situated 1100 feet southwest of Residence Inn by Marriott Boston Cambridge. Eight Boston Architecture Firms Make to the List of Top 50... Market Basket Supermarket Coming to Maynard Crossing, Simon Announces 114,000-Square Foot Athletic Lifestyle Resort at Northshore Mall. Children (Maximum: 8 total … Elle dispose d'une vaste jetée, d'une piscine intérieure chauffée, d'un jacuzzi et d'une salle de sport accessible 24h/24. Book the Residence Inn Boston Needham - Stay at this 3-star business-friendly hotel in Needham. Il Residence Inn by Marriott Boston Cambridge sorge a solo 1,6 km dai musei e dalle attrazioni del centro di Boston. Residence Inn Boston Cambridge . Enjoy easy payment options and 24/7 customer service. These risks and uncertainties include, but are not limited to, the effects of the COVID-19 pandemic, including on the demand for travel, transient and group business (including, but not limited to, government-imposed travel or meeting restrictions), and levels of consumer confidence in the safety of travel as a result of the pandemic; the length of the COVID-19 pandemic and severity of such pandemic in the United States; the pace of economic recovery and the recovering of consumer confidence following the COVID-19 pandemic; our ability to implement cost-containment strategies; the adverse effects of the COVID-19 pandemic on our business or the market price of our common stock; and our ability to service, restructure or refinance our debt; our ability to be in compliance with our debt covenants; our ability to access capital on acceptable terms or at all and uncertainty in both the debt and equity capital markets; and the outcome of legal proceedings or other disputes. Cision Distribution 888-776-0942 Xenia Hotels & Resorts Inc. has sold the Residence Inn Boston Cambridge in Cambridge, Mass., in a transaction valued at $107.5 million. View deals for Residence Inn by Marriott Boston Cambridge, including fully refundable rates with free cancellation. The cheapest way to get from Boston / Logan Airport to Residence Inn by Marriott Boston Cambridge costs only $3, and the quickest way takes just 6 mins. "The sale of this hotel is the culmination of a highly competitive process, and we are pleased with the outcome given current market fundamentals. Residence Inn by Marriott Boston Cambridge offers 221 accommodations with coffee/tea makers and hair dryers. Image via Google Street View. Popular Hotel Amenities and Features. Residence Inn Boston Cambridge is located close to many iconic Boston landmarks. WiFi and an evening social are free, and this hotel also features a gym. “We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio,” said Marcel Verbaas, Xenia’s chairman and CEO. View deals for Residence Inn by Marriott Boston Cambridge, including fully refundable rates with free cancellation. 1 Room: 1 Adult, /Room 0 Children /Room. Guests enjoy a free breakfast, complimentary Wi-Fi, grocery shopping service and event space for meetings, weddings and social affairs. The transaction generated approximately $46.0 million in net proceeds for the Company after transaction costs. Guests praise the comfy beds. Rooms & Guests. … Located on Arsenal Street, this hotel is in an up and coming area of Watertown that will surely provide a top tier extended stay guest experience. Explore reviews, photos & menus and find the perfect spot for any occasion. The property has connecting/adjoining rooms, which are subject to availability and can be requested by contacting the property using the number on the booking confirmation. From To Date Flexible Date Search Check-in MM/dd/yy-Check-out MM/dd/yy. English; Español; عربى; 中文; Browse Boston Apartments For Sale. Examinez les artefacts locaux qui sont exposés dans ce lieu datant du XVIIème siècle, avant de traverser le fleuve pour rejoindre le parc Jesus Green. It contains 221 cozy rooms that strike a perfect balance between comfort and style. from 8 AM - 9 PM ET, Copyright © 2020 PR Newswire Association LLC. This hotel is 1.2 mi (1.9 km) from Massachusetts General Hospital and 1.5 … It’s an ideal location for students, business travelers, families, couples, and just about anyone else looking to enjoy a relaxing getaway in Boston. A Florida-based investment group has agreed to buy Boston’s expanding Hotel Commonwealth for $136 million. This hotel is part of the Marriott rewards program so be sure to sign up for the program before your stay or while you’re onsite to take advantage of the many benefits of rewards membership. At Residence Inn Boston Cambridge, we live by the Golden Rule. Post was not sent - check your email addresses! The Company also retained the approximately $3.8 million balance in the FF&E reserve. Guests praise the comfy beds. כמה דקות הליכה אל המכון הטכנולוגי של מסצ'וסטס ‏(MIT). The Company also retained the approximately $3.8 million balance in the FF&E reserve. Both business travelers and tourists can enjoy the property's facilities and services. Residence Inn By Marriott Boston Cambridge is 1.1 km from Harvard Bridge and features a picnic area and a tennis court. Residence Inn Boston Cambridge Sold For $107.5 Million. The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel EBITDA and net operating income, respectively. Image via Google Street View Xenia Hotels & Resorts Inc. has sold the Residence Inn Boston Cambridge in Cambridge, Mass., in a transaction valued at $107.5 million. Punctuate a satisfying day of business or exploration by stopping by The Residence Inn Mix™ social event, available three nights per week. “The sale of this hotel is the culmination of a highly competitive process, and we are pleased with the outcome given current market fundamentals. The Hampton Inn Boston-Cambridge hotel is located near MIT, Harvard Square and downtown Boston. The property offers 221 apartment-style hotel accommodations with fully equipped kitchens, separate living spaces, and a thoughtful collection of modern amenities.

The transaction generated approximately $46.0 million in net proceeds for the Company after transaction costs. As part of Marriott International's family of brands, we have implemented a multi-pronged approach to meet the health and safety requirements of our "Commitment to Clean" standards. Le Residence Inn Boston est un hôtel au bord de l'eau, qui se situe près du Freedom Trail, de l'USS Constitution, du TD Banknorth, du Parc Fenway et du quartier des théâtres. Residence Inn Boston Cambridge offers extended-stay suites with kitchens near Massachusetts Institute of Technology. Article - Residence Inn Boston Cambridge Sold For $107.5 Million - Xenia Hotels & Resorts, Inc. (NYSE: XHR) last week announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million, or approximately $486,500 per key. Xenia Hotels Resorts, Inc. (NYSE: XHR ) ("Xenia" or the "Company") today announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million , or approximately $486,500 per key. The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel EBITDA and … This transaction, which exemplifies our focus on value creation for our shareholders and our continued dedication to our long-term strategy, has created additional balance sheet flexibility during this unprecedented time.”. The rooms are all equipped with a double sofa bed and a flat-screen satellite TV. A hot breakfast is served each morning in the hotel’s restaurant, while a reception is provided in the evenings. WiFi and an evening social are free, and this hotel also features a gym. Residence Inn by Marriott Boston Cambridge: Feeling Safe - See 533 traveler reviews, 191 candid photos, and great deals for Residence Inn by Marriott Boston Cambridge at Tripadvisor. Book now at 32 restaurants near Residence Inn by Marriott Boston Cambridge on OpenTable. Treating others like we'd like to be treated. No booking fees. Xenia's hotels are in the luxury and upper upscale segments, and operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, and Hilton, as well as leading independent management companies including The Kessler Collection and Sage Hospitality. Enjoy free WiFi, free parking, and a 24-hour fitness center. Maps & Transportation A, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Residence Inn Marriott Boston Cambridge Aparthotel; Residence Inn Marriott Boston Cambridge; Resince riott Boston Cambridg; Policies State tax ID - C0014440491. About Xenia Hotels & Resorts, Inc.Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States. "We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio," commented Marcel … Residence Inn Boston Cambridge. L'hôtel dispose d'une réception ouverte 24 heures sur 24, d'une cheminée en plein air et d'un stockage des bagages. All guest accommodations at Residence Inn Boston Cambridge feature a fully equipped kitchen. 1. Photo: Tony Webster, CC BY 2.0. Sorry, your blog cannot share posts by email. See 535 traveler reviews, 234 candid photos, and great deals for Residence Inn by Marriott Boston Cambridge, ranked #8 of 21 hotels in Cambridge and rated 4 of 5 at Tripadvisor. Vous pouvez également compter sur un wi-fi gratuit pour rester connecté tout au long de votre séjour. Volpe Center est située à 670 pieds à l'est de Residence Inn by Marriott Boston Cambridge. האורחים נהנים ממידות נוחות. L'hôtel accepte les animaux de compagnie et vous propose aussi des chambres traitées contre les allergies. All guest accommodations at Residence Inn Boston Cambridge feature a fully equipped kitchen. “We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio,” commented Marcel Verbaas, Xenia’s Chairman and Chief Executive Officer. by Released Xenia Hotels & Resorts has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Mass., for $107.5 million. “We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio,” commented Marcel … BOSTON– Holliday Fenoglio Fowler, L.P. (HFF) announced the sale of the 120-suite Residence Inn Boston Downtown Seaport located in the Fort Point neighborhood of Boston, Massachusetts.. For more information on Xenia's business, refer to the Company website at www.xeniareit.com. Watertown’s Brand New Extended Stay Hotel – Where Boston Meets Cambridge. Find the travel option that best suits you. The rooms are all equipped with a double sofa bed and a flat-screen satellite TV.

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