Lowndes Advises Xenia Hotels & Resorts on $28 Million Sale of Bohemian Hotel Celebration
Lowndes represented Orlando-based Xenia Hotels & Resorts, Inc. in its $27.75 million sale of the Bohemian Hotel Celebration, Autograph Collection, a 115-room boutique hotel located in Celebration, Fla.
Located on 2.34 acres minutes from the Walt Disney World Resort, the luxury hotel is affiliated with the Marriott family of brands and features a heated outdoor pool, a lakeside restaurant and 4,835 square feet of meeting space.
Xenia is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. Xenia's 33 hotels are in the luxury and upper upscale segments, and are operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton, The Kessler Collection, and Davidson.
The Lowndes team advising Xenia on the transaction was led by Rich Fildes and included Logan Opsahl.