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Acquisitions

3 Months Ended

Mar. 31, 2017

8.	Acquisitions

Business Combinations

On March 7, 2017, we acquired the 305-room W Hollywood for $219 million. On February 16, 2017, we acquired the 347-room Don CeSar, including the adjacent Beach House Suites for $214 million.

Asset Acquisitions

On March 24, 2017, we purchased the ground lease at the Miami Marriott Biscayne Bay for $38 million.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

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+ Details