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Host Hotels & Resorts Inc. Acquires Four Seasons Orlando Resort For $610M

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SOLD
$610,000,000

Florida

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Hotel
Sold 05/04/2021
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Property Image
SOLD

Host Hotels & Resorts Inc. Acquires Four Seasons Orlando Resort For $610M

10100 Dream Tree Blvd, Orlando, FL, USA

See Similar Deals
Hotel
Sold 05/04/2021
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Summary

FLORIDA
Asset Type:Hotel
Transaction Type:Sale

The Four Seasons Orlando resort, located within Walt Disney World in Orlando, was sold for a record-breaking sale price of $610,000,000. The property is situated at 10100 Dream Tree Blvd and is classified as a Hotel/Resort. The transaction took place on 05/04/2021.

Summary of Transaction Details:

  • Property Type: Hotel/Resort
  • Transaction Amount: $610,000,000
  • Address: 10100 Dream Tree Blvd
  • Market: Orlando

The seller of the property was Four Seasons Hotels, Dune Real Estate Partners, and Silverstein Properties Inc. On the other hand, the buyer was Host Hotels & Resorts Inc. The sale of the Four Seasons Orlando resort set a new record with an impressive sale price of $610,000,000.

Notably, Four Seasons purchased the land from Disney in 2008 and later brought on Silverstein Properties and Dune RE Partners in 2011 as development partners. Despite the ownership change, Four Seasons retains a 30% ownership stake and full operational control over the resort. This transaction marks a significant milestone in the Orlando hotel industry, surpassing the previous record sale for hotels in the area. Trinity Real Estate Investments and Elliott Management Corporation held the previous record with their purchase of the Grande Lakes Orlando Resort for $620,000 per key, amounting to $900,000,000 in 2018.

This sale showcases the high demand and value of the Four Seasons Orlando resort, achieving an impressive price of approximately $1.4 million per key. With its prime location within Walt Disney World, luxurious amenities, and Four Seasons' renowned reputation, the property proves to be an appealing investment in the thriving Orlando market.

Players

SELLER

Details

SOLD
IMAGE: Tal Kerret, Prince Al Waleed bin Talal Al Saud, Bill Gates, Mickey Mouse & Larry Silverstein DATE: 05/04/2021 ADDRESS: 10100 Dream Tree Blvd (@FSOrlando @WaltDisneyWorld) MARKET: Orlando ASSET TYPE: Hotel/Resort SELLER: @FourSeasons Hotels, Dune Real Estate Partners; @SilversteinProperties Inc. BUYER: Host Hotels & Resorts Inc. SALE PRICE: $610,000,000 KEYS: 444 ~ PPK: $1,373,874 🔥 🤯 NOTE: The @FSOrlando resort, located within @WaltDisneyWorld sold for a record breaking ~$1.4M per Key 🤯 👀 💰 (beating the previous record sale for hotels in Orlando, held by Trinity Real Estate Investments & Elliott Management Corporation for their purchase of the Grande Lakes Orlando Resort ~$620,000 per Key/$900M in 2018.) @FourSeasons purchased the land in 2008 from Disney, and brought on @SilversteinProperties & Dune RE Partners in 2011 as development partners. Four Seasons retained a 30% ownership stake and full operational control over the resort.

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