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3. 10.
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4. 9.
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5. 8.
Total United States In Construction – Rooms in Thousands 2002 – 2004
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6. 8.
Total United States Rooms Under Construction by Scale – In Thousands December 2004
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7. 8. Top 10 Markets – Rooms Under Construction (000’s) December 2004
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8. Major Buyers in 2004 (by Dollar of Acquisition) Company7.
Major Buyers in 2004 (by Dollar of Acquisition)
Company
Source: HVS Lodging Databank
Numbers of
Hotels
Rooms
Total
Transaction
Average Price
Per Room
Highland Hospitality Corp. 14 4,184 $502,000,000 $119,981
Ashford Hospitality Trust 7 1,644 $190,000, ,572
Diamond Rock Hospitality 4 1,053 $159,000, ,997
HEI Hospitality Fund 5 1,056 $ 157,000, ,674
Does not include HEI JV purchases
Equity Inns $ 74,000, ,065
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9. 6.
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10. 5.
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11. 5.
European Hotel Values 2004 – Winners & Losers
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12. 5.
European Hotel Values 2004 – Winners & Losers
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13. 4.
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14. 3.
Varying Tastes
and
Expertise Need
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15. Major Sellers in 2004 (by Dollar of Transaction) Company2.
Numbers of
Hotels
Rooms
Total
Transaction
Average Price
Per Room
Major Sellers in 2004 (by Dollar of Transaction)
Company
Source: HVS International
Wyndham International 10 3,757 $321,000,000 $ 85,441
Host Marriott Corporation 5 1,592 $125,000, ,518
FelCor Lodging Trust 6 1,943 $110,000, ,613
MeriStar Hospitality Corporation $ 57,000, ,202
Affiliates of W.I> Realty I, L.P $ 47,000, ,796
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16. Ten Largest Sales - Price per Room - 20042.
Ten Largest Sales - Price per Room
Location
Rooms
Price Per
Room
Buyer
Ten Largest Sales - Price Per Room
Rank
Source: HVS Lodging Databank
Individual Hotel
1 Plaza Hotel New York, NY 805 $839,000 El Ad Properties NY, LLC
2 Fairmont Kea Lani Wailea, HI 450 $789,000 Host Marriott
3 Four Seasons Wailea, HI 380 $737,000 MSD Capital, LP
4 Kona Village Resort Kailua-Kona, HI 380 $480,000 Ty Warner Hotels & Resorts
5 Ritz-Carlton Half Moon Bay 261 $477,000 Strategic Hotel Capital, LLC
6 Harrah’s Casino Shreveport, LA 514 $370,000 Boyd Gaming Corporation
7 Conrad Miami Miami, FL 203 $320,000 E.I. American Real Estate Corp.
8 El Encanto Santa Barbara, CA 83 $313,000 Orient Express Hotels, LTD
9 Intercontinental Central Park South New York, NY 207 $307,000 Anbau Enterprises, Inc.
10 Argyle Hotel West Hollywood, CA 64 $289,000 Kingston Klein Hotel Group, LLC
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17. 1.
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18. Major Hotel Transactions1.
Major Hotel Transactions
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