Certares and Belcourt Capital Partners to acquire Hilton Boston Back Bay for $171m.

Certares, an investment management company, and Belcourt Capital Partners to acquire Hilton Boston Back Bay, an investment company, for $171m. "Boston is one of the only true 'seven-day-a-week' lodging markets in the US, with demand driven by a diverse set of corporate and leisure travelers. The city is home to major corporate tenants, world-class colleges and universities, numerous leading medical centers, state-of-the-art life science facilities and a wealth of after-work and weekend leisure activities, making this an incredibly attractive investment," Nolan Hecht, Certares Senior Managing Director and Head of Real Estate.