DiamondRock Hospitality Company (NYSE:DRH) today announced that it has acquired the fee-simple interest in the Chico Hot Springs Resort, a lifestyle resort in Paradise Valley, Montana and near Yellowstone National Park. The purchase price for the Resort and adjacent ranch is $33 million.
Evermore Partners and New Castle Hotels & Resorts have acquired the Montana Marriott Portfolio - a 105-key AC Hotel by Marriott, a 175-key Residence Inn by Marriott, and The Mercantile, a collection of approximately 20,000 square feet of high quality, in-line retail located in downtown Missoula, Montana.
epresenting the Seller of this Recently Updated Franchise Hotel in the Heart of Montana
Michelle Kennedy, Principal/Designated Broker, and the CIP Team worked closely with the Buyer and Seller and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.
MCR has acquired the 146-room Hilton Garden Inn Missoula in the heart of the northern Rockies. The hotel is in the city of Missoula, just down the road from Missoula International Airport.
Joseph P. Kennedy Named Hotel Broker of the Year
Representing the Seller of this Upscale Glamping Resort Destination Near Yellowstone National Park