Xenia Hotels & Resorts Acquires Hyatt Regency Grand Cypress In Orlando For $205.5 Million
May 30, 2017 – Xenia Hotels & Resorts, Inc. (NYSE: XHR) (“Xenia” or the “Company”) today announced its acquisition of the 815-key Hyatt Regency Grand Cypress in Orlando, Florida from an affiliate of Hyatt Hotels Corporation for a purchase price of $205.5 million, or approximately $252,000per key. The acquisition was funded with cash available on the Company’s balance sheet…
