Lodging Capital Partners Acquires Hilton Alexandria Old Town From Ashford Hospitality Trust For $58M
Virginia
See Similar DealsLodging Capital Partners Acquires Hilton Alexandria Old Town From Ashford Hospitality Trust For $58M
1767 King Street
See Similar DealsSummary
The property asset involved in this transaction is a hotel located at 1767 King Street in Alexandria, VA. The hotel is the Hilton Alexandria Old Town, consisting of 252 rooms and a price of $58,000,000. This translates to a price per key of $230,159.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $58,000,000
- Market: Alexandria, VA
- Buyer: Lodging Capital Partners
- Seller: Ashford Hospitality Trust
- Keys: 252
- PPK: $230,159
The deal involved Lodging Capital Partners acquiring the property from Ashford Hospitality Trust. The seller recorded a significant loss on the property, having previously purchased it for $111,000,000 in 2018, resulting in a preliminary non-recurring loss and an operating income loss of $28.4 million in 2025.
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