Oak Brook, Ill. – Inland American Lodging Group, Inc., a wholly owned subsidiary of Inland American Real Estate Trust, Inc., today announced that it has acquired the 107-room luxury boutique Lorien Hotel & Spa in Alexandria, Va., for a purchase price of approximately $45 million.
Inland American Real Estate Trust, Inc. Announces the Purchase of the Loews New Orleans Hotel (pdf link).
Oak Brook, Ill. – Inland American Lodging Group, Inc., a wholly owned subsidiary of Inland American Real Estate Trust, Inc., today announced that it has acquired the 23-story, 285-room Loews New Orleans for a purchase price of $74.5 million, or approximately $261,000 per key.