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New Deal


Announced

Completed

Innisfree Hotels completed the acquisition of the Hampton Inn & Suites by Hilton.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Hotels and Motels

Completed

Friendly

Single Bidder

condominiums

Acquisition

Domestic

United States

Majority

Private

Synopsis

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Innisfree Hotels, an operator of beachfront hotels and resorts, completed the acquisition of the Hampton Inn & Suites by Hilton, a 94-room property in St. Augustine-Vilano Beach. Financial terms were not disclosed. "The Hampton Inn & Suites St. Augustine-Vilano Beach fits perfectly into our beachfront and beach-oriented portfolio. If other great properties like it become available, we would very much like to have more presence in the area," Jeremy Skinner, Innisfree Hotels Regional Director of Operations.

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