Inland American Lodging Group, Inc. (IALG), a wholly owned supplementary of Inland American Real Estate Trust, Inc. (“Inland American”), proclaimed today that it has acquired the former Westin City Center in Dallas for $50 million, or around $123,000/key. Upon acquisition, the hotel was immediately rehabilitated into a full-service Marriott hotel and is now recognized as the Dallas Marriott City Center. Marriott is managing the hotel under a new long-term concord.
Subsequent the attainment of the Dallas Marriott City Center, Inland American Real Estate Trust has 15,331 hotel rooms, including 53 hotels under a variety of Marriott brands.
Concerning Inland American Lodging Advisor, Inc.
Inland American Lodging Advisor, Inc., located in Orlando, FL, focuses on obtaining and asset managing a branch out portfolio of lodging properties on behalf of Inland American Real Estate Trust, Inc. Inland American Lodging Advisor, Inc. at present oversees 105 hotels branded under various Marriott, Hilton, Starwood, Hyatt, IHG and Choice brands that are managed either by the brand’s managers or self-governing third-party management companies.
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