Xenia Sells Fairmont Dallas For $111M To Refocus Portfolio And Avoid $80M Capex
12/4 00:05
(RTTNews) - Xenia Hotels & Resorts (XHR) Friday has sold the 545-room Fairmont Dallas for $111 million, or approximately $203,670 per key, reflecting an 8.6x Hotel EBITDA multiple and a 10% cap rate for the 12 months ending February 2025—excluding an estimated $80 million in upco...