About Xenia Hotels & Resorts, Inc.Xenia Hotels & Resorts, Inc. 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 U.S. lodging markets as well as key leisure destinations in the United States. A hot breakfast is served each morning in the hotel’s restaurant, while a reception is provided in the evenings. Il Residence Inn dista 9 km dall'Aeroporto Internazionale Logan e vanta un facile accesso ai trasporti pubblici grazie alla stazione della linea T Kendall/MIT, ubicata a solo 100 metri. Find the travel option that best suits you. Residence Inn Boston Cambridge is located at Six Cambridge Center, 120 Broadway - on the corner of Broadway and Ames Streets in Cambridge, Massachusetts. A Florida-based investment group has agreed to buy Boston’s expanding Hotel Commonwealth for $136 million. The Company also retained the approximately $3.8 million balance in the FF&E reserve. Xenia's hotels are in the luxury and upper upscale segments, and operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, and Hilton, as well as leading independent management companies including The Kessler Collection and Sage Hospitality. Enjoy easy payment options and 24/7 customer service. כמה דקות הליכה אל המכון הטכנולוגי של מסצ'וסטס ‏(MIT). ORLANDO, Fla., Oct. 1, 2020 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million, or approximately $486,500 per key. Massachusetts Institute of Technology (MIT) is minutes away. How many nights? Rooms . Just make sure to check this property's cancellation policy for the exact terms and conditions. Xenia Hotels & Resorts has sold the Residence Inn Boston Cambridge hotel in Cambridge, Massachusetts, for $107.5 million in a transaction that marks the sale … It’s an ideal location for students, business travelers, families, couples, and just about anyone else looking to enjoy a relaxing getaway in Boston. You can identify these statements by the fact that they do not relate strictly to historical or current facts. There are numerous cafés and restaurants within short walking distance of the hotel. Experience a refreshing getaway at Residence Inn Boston Cambridge. Xenia Hotels & Resorts Inc. has sold the Residence Inn Boston Cambridge in Cambridge, Mass., in a transaction valued at $107.5 million. About Residence Inn Boston Cambridge 100 Broadway, Kendall Square, Cambridge, MA The Residence Inn Boston Cambridge is a 15-story hotel located in the heart of Kendall Square. Residence Inn Boston Cambridge is located close to many iconic Boston landmarks. If you're driving, limited on-site parking with in/out access is available for a fee. Residence Inn Boston Cambridge is an extended-stay hotel close to many of the city’s most popular attractions. Maps & Transportation Maps & Transportation "The sale of this hotel is the culmination of a highly competitive process, and we are pleased with the outcome given current market fundamentals. The brand new Residence Inn by Marriott Boston Watertown is NOW OPEN! For more information on Xenia's business, refer to the Company website at www.xeniareit.com. Proceeds from the sale will be utilized to repay borrowings under the Company’s credit facilities and for general corporate purposes. Residence Inn Boston Cambridge inspires effortless relaxation with spacious hotel rooms and suites with fully equipped kitchens and ergonomic workspace. The cheapest way to get from Boston / Logan Airport to Residence Inn by Marriott Boston Cambridge costs only $3, and the quickest way takes just 6 mins. Residence Inn by Marriott Boston Cambridge offers 221 accommodations with coffee/tea makers and hair dryers. “We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio,” commented Marcel Verbaas, Xenia’s Chairman and Chief Executive Officer. Residence Inn Boston Cambridge. View deals for Residence Inn by Marriott Boston Cambridge, including fully refundable rates with free cancellation. from 8 AM - 9 PM ET, Copyright © 2020 PR Newswire Association LLC. Our guests praise the breakfast and the helpful staff in our reviews. English; Español; عربى; 中文; Browse Boston Apartments For Sale. A hot breakfast is served each morning in the hotel’s restaurant, while a reception is provided in the evenings. Book now! Xenia Hotels & Resorts, Inc. (NYSE: XHR) last week announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million, or approximately $486,500 per key. CAMBRIDGE, MA — Xenia Hotels & Resorts, Inc. announced it has sold the 221-room Residence Inn Cambridge in Cambridge, MA for a price of $107.5 million, or approximately $486,500 per key. CAMBRIDGE, MA — Xenia Hotels & Resorts, Inc. announced it has sold the 221-room Residence Inn Cambridge in Cambridge, MA for a price of $107.5 million, or approximately $486,500 per key. "We are pleased to have completed the sale of Residence Inn … L'hôtel dispose d'une réception ouverte 24 heures sur 24, d'une cheminée en plein air et d'un stockage des bagages. lengthOfStay. All guest accommodations at Residence Inn Boston Cambridge feature a fully equipped kitchen. 1. Residence Inn By Marriott Boston Cambridge is 1.1 km from Harvard Bridge and features a picnic area and a tennis court. The Company also retained the approximately $3.8 million balance in the FF&E reserve. The Company also retained the approximately $3.8 million balance in the FF&E reserve. The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel EBITDA and net operating income, respectively. Adults (Maximum: 8 total guests/room) Guest Count Guest Count. The Hampton Inn Boston-Cambridge hotel is located near MIT, Harvard Square and downtown Boston. This transaction, which exemplifies our focus on value creation for our shareholders and our continued dedication to our long-term strategy, has created additional balance sheet flexibility during this unprecedented time.". Xenia Hotels & Resorts, Inc. (NYSE: XHR) today announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million, or approximately $486,500 per key.The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel EBITDA and net operating income, respectively. Proceeds from the sale will be utilized to repay borrowings under the Company's credit facilities and for general corporate purposes. Beds feature premium bedding. The property has connecting/adjoining rooms, which are subject to availability and can be requested by contacting the property using the number on the booking confirmation. You'll be one block from the subway. The Company owns 38 hotels comprising 11,024 rooms across 16 states. Photo: Tony Webster, CC BY 2.0. "We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio," commented Marcel Verbaas, Xenia's Chairman and Chief Executive Officer. Hub 50 House (West End) Millennium Tower; 50 Liberty Seaport; 22 Liberty Seaport; Echelon Seaport; The Archer Residences; St Regis Residences; PIER 4; List Property; Language . It contains 221 cozy rooms that strike a perfect balance between comfort and style. This press release contains statements as to the Company's beliefs and expectations of the outcome of future events that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended . View deals for Residence Inn by Marriott Boston Cambridge, including fully refundable rates with free cancellation. Rooms & Guests. The Company also retained the approximately $3.8 million balance in the FF&E reserve. Except as required by law, the Company does not undertake, and hereby disclaims, any obligation to release publicly any revisions to forward-looking statements made by it to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events. The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel’s 2019 Hotel EBITDA and net operating income, respectively, the company said in a statement. At Residence Inn Boston Cambridge, we live by the Golden Rule. Cision Distribution 888-776-0942 Children (Maximum: 8 total … Room Count Room Count. Xenia Hotels & Resorts (NYSE: XHR) sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for $107.5M, or ~$486,500/key. Dear dalmoz, Thank you for recently staying with us and for taking the time to let us know about your stay. See 535 traveler reviews, 234 candid photos, and great deals for Residence Inn by Marriott Boston Cambridge, ranked #8 of 21 hotels in Cambridge and rated 4 of 5 at Tripadvisor. Le Residence Inn Boston Braintree est un hôtel familial proposant des chambres équipées d'une climatisation, d'un réfrigérateur et d'une kitchenette. The rooms are all equipped with a double sofa bed and a flat-screen satellite TV. 847 CAMBRIDGE, MA — Xenia Hotels & Resorts, Inc. announced it has sold the 221-room Residence Inn Cambridge in Cambridge, MA for a price of $107.5 million, or approximately $486,500 per key. by Released Xenia Hotels & Resorts has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Mass., for $107.5 million. RI-Cambridge-GM, General Manager at Residence Inn by Marriott Boston Cambridge, responded to this review Responded January 2, 2020. Book now at 32 restaurants near Residence Inn by Marriott Boston Cambridge on OpenTable. That passion holds true now more than ever. Residence Inn By Marriott Boston Cambridge is 1.1 km from Harvard Bridge and features a picnic area and a tennis court. WiFi and an evening social are free, and this hotel also features a gym. Le Residence Inn Boston est un hôtel au bord de l'eau, qui se situe près du Freedom Trail, de l'USS Constitution, du TD Banknorth, du Parc Fenway et du quartier des théâtres. ... the Residence Inn Boston Cambridge in Cambridge. Looking for Residence Inn Boston Cambridge? Popular Hotel Amenities and Features. Elle dispose d'une vaste jetée, d'une piscine intérieure chauffée, d'un jacuzzi et d'une salle de sport accessible 24h/24. From To Date Flexible Date Search Check-in MM/dd/yy-Check-out MM/dd/yy. Sort. The Residence Inn Boston Cambridge features an indoor pool and a 24-hour fitness center. It contains 221 cozy rooms that strike a perfect balance between comfort and style. Il Residence Inn by Marriott Boston Cambridge sorge a solo 1,6 km dai musei e dalle attrazioni del centro di Boston. Relax and recharge in expansive apartment-style hotel accommodations with fully equipped kitchens, separate living spaces and a thoughtful collection of modern amenities. Examples of these statements include, but are not limited to, statements regarding the status and outcome of certain asset sale transactions, the suspension of operations at our hotel properties, the anticipated impact of the COVID-19 pandemic on travel, transient and group demand, the anticipated impact of such pandemic on our results of operations, and the resulting amount of cancellation and attrition fees and cost-containment efforts. “We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio,” commented Marcel … Residence Inn by Marriott Boston Cambridge: Feeling Safe - See 533 traveler reviews, 191 candid photos, and great deals for Residence Inn by Marriott Boston Cambridge at Tripadvisor. Watertown’s Brand New Extended Stay Hotel – Where Boston Meets Cambridge. Eight Boston Architecture Firms Make to the List of Top 50... Market Basket Supermarket Coming to Maynard Crossing, Simon Announces 114,000-Square Foot Athletic Lifestyle Resort at Northshore Mall. ORLANDO, Fla., Oct. 1, 2020 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million, or approximately $486,500 per key. This transaction, which exemplifies our focus on value creation for our shareholders and our continued dedication to our long-term strategy, has created additional balance sheet flexibility during this unprecedented time.”. BOSTON– Holliday Fenoglio Fowler, L.P. (HFF) announced the sale of the 120-suite Residence Inn Boston Downtown Seaport located in the Fort Point neighborhood of Boston, Massachusetts.. The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel EBITDA and … Guests praise the comfy beds. Residence Inn By Marriott Boston Cambridge 42.364053 , -71.088037 120 Broadway, Six Cambridge Center , Cambridge , Massachusetts , United States , 02142 show map Residence Inn Boston Cambridge - Book online Residence Inn Boston Cambridge in Middlesex County, best price guarantee, no booking fee on Traveloka Punctuate a satisfying day of business or exploration by stopping by The Residence Inn Mix™ social event, available three nights per week. The HFF team represented the seller, Norwich Partners, LLC, and procured the buyer, Claremont Companies. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. Get the best deals on Residence Inn by Marriott Boston Cambridge. The Residence Inn by Marriott Boston Watertown. These risks and uncertainties include, but are not limited to, the effects of the COVID-19 pandemic, including on the demand for travel, transient and group business (including, but not limited to, government-imposed travel or meeting restrictions), and levels of consumer confidence in the safety of travel as a result of the pandemic; the length of the COVID-19 pandemic and severity of such pandemic in the United States; the pace of economic recovery and the recovering of consumer confidence following the COVID-19 pandemic; our ability to implement cost-containment strategies; the adverse effects of the COVID-19 pandemic on our business or the market price of our common stock; and our ability to service, restructure or refinance our debt; our ability to be in compliance with our debt covenants; our ability to access capital on acceptable terms or at all and uncertainty in both the debt and equity capital markets; and the outcome of legal proceedings or other disputes. The previously announced sale of Marriott Napa Valley Hotel & Spa is expected to close before the end of October in accordance with the terms of the purchase and sale agreement that the Company executed in August. This hotel is 1.2 mi (1.9 km) from Massachusetts General Hospital and 1.5 mi (2.5 km) from The Freedom Trail. L'hôtel accepte les animaux de compagnie et vous propose aussi des chambres traitées contre les allergies. Watertown’s Brand New Extended Stay Hotel – Where Boston Meets Cambridge. Treating others like we'd like to be treated. Now $118 (Was $̶1̶5̶0̶) on Tripadvisor: Residence Inn by Marriott Boston Cambridge, Cambridge. “We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio,” said Marcel Verbaas, Xenia’s chairman and CEO. Vous pouvez également compter sur un wi-fi gratuit pour rester connecté tout au long de votre séjour. Compare reviews and find deals on hotels in with Skyscanner Hotels. Residence Inn by Marriott Boston Cambridge, choses à faire près sur Tripadvisor : consultez 19 061 avis et 8 906 photos de voyageurs pour connaître tout ce qu'il y a à découvrir près de Residence Inn by Marriott Boston Cambridge à Cambridge, Massachusetts. All guest accommodations at Residence Inn Boston Cambridge feature a fully equipped kitchen. Yes, Residence Inn by Marriott Boston Downtown / South End does have fully refundable rooms available to book on our site, which can be cancelled up to a few days before check-in. The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel EBITDA and net operating income, respectively. With complimentary Wi-Fi, a convenient hotel Market and well-equipped fitness center, Residence Inn Boston Cambridge has everything you need for a relaxing extended stay in a historic city. Check prices, photos and reviews. With a stay at Residence Inn by Marriott Boston Cambridge in Cambridge (MIT), you'll be a 5-minute walk from Kendall Square and 12 minutes by foot from Massachusetts Institute of Technology (MIT). Smart televisions come with premium cable channels and Netflix. Enjoy free WiFi, free parking, and a 24-hour fitness center. It’s nice to know that your pets are welcome here, too. This hotel is part of the Marriott rewards program so be sure to sign up for the program before your stay or while you’re onsite to take advantage of the many benefits of rewards membership. Residence Inn Boston Cambridge Sold For $107.5 Million. Both business travelers and tourists can enjoy the property's facilities and services. Xenia scoops $107.5 million on Massachusetts hotel sale 02 OCTOBER 2020 9:18 AM Xenia Hotels & Resorts announced it has sold to an unnamed buyer the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts, for $107.5 million. Massachusetts Institute of Technology (MIT) is minutes away. This hotel is 1.2 mi (1.9 km) from Massachusetts General Hospital and 1.5 … If you're driving, limited on-site parking with in/out access is available for a fee. “The sale of this hotel is the culmination of a highly competitive process, and we are pleased with the outcome given current market fundamentals. Distinguish your lifestyle from others - Regatta Riverview Residences offers a blend of sophisticated living and lavish amenities. Residence Inn by Marriott Boston Cambridge is a 3-star property in Cambridge, MA. Other factors that could cause results to differ are described in the filings made from time to time by the Company with the U.S. Securities and Exchange Commission and include the risk factors and other risks and uncertainties described in the Company's Annual Report on Form 10-K for the year ended December 31, 2019, its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020 and June 30, 2020 and its Current Reports on Form 8-K. Examinez les artefacts locaux qui sont exposés dans ce lieu datant du XVIIème siècle, avant de traverser le fleuve pour rejoindre le parc Jesus Green. This property advises that enhanced cleaning … 1 Room: 1 Adult, /Room 0 Children /Room. Service-minded staff will welcome and guide you at Residence Inn by Marriott Boston Cambridge. The transaction generated approximately $46.0 million in net proceeds for the Company after transaction costs. We are dedicated to providing you with superior service when it comes to purchasing your new home in the areas most exquisite residence. Sorry, your blog cannot share posts by email. It has always been our guiding principle. Book your stay and enjoy free hot breakfast and WiFi. … Le John A. Volpe National Transportation Systems Center ou plus simplement Volpe Center est un centre de recherche américain dédié aux transports et situé à Cambridge dans le Massachusetts. The Company also retained the approximately $3.8 million balance in the FF&E reserve. In connection with the transaction, the buyer assumed the $60.3 million mortgage collateralized by the hotel. The property offers 221 apartment-style hotel accommodations with fully equipped kitchens, separate living spaces, and a thoughtful collection of modern amenities.

Residence Inn by Marriott Boston Cambridge is a popular choice amongst travelers in Cambridge (MA), whether exploring or just passing through. Book the Residence Inn Boston Needham - Stay at this 3-star business-friendly hotel in Needham. No booking fees. Residence Inn Boston Cambridge is located at Six Cambridge Center, 120 Broadway - on the corner of Broadway and Ames Streets in Cambridge, Massachusetts. W Boston Residences; Whittier Place; View All Buildings New Developments . The brand new Residence Inn by Marriott Boston Watertown is NOW OPEN! The Residence Inn by Marriott Boston Watertown. La Residence Inn Boston Harbor on Tudor Wharf vous accueille dans un hôtel du port de Boston proposant uniquement des suites à seulement 4,8 km de l'aéroport de Boston et à quelques pas du centre-ville. Residence Inn Boston Cambridge Sold For $107.5 Million Xenia Hotels & Resorts, Inc. (NYSE: XHR) last week announced it has sold the 221-room Residence Inn Boston Cambridge in … WiFi and an evening social are free, and this hotel also features a gym. צפו במבצעים עבור Residence Inn by Marriott Boston Cambridge, כולל החזר מלא על המחירים עם ביטול חופשי. All Rights Reserved. Post was not sent - check your email addresses! האורחים נהנים ממידות נוחות. Residence Inn Boston Cambridge offers extended-stay suites with kitchens near Massachusetts Institute of Technology. How many nights? A, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Ray and Maria Stata Center is situated 1100 feet southwest of Residence Inn by Marriott Boston Cambridge. Residence Inn by Marriott Boston Cambridge, Cambridge Photo : Residence Inn Boston Cambridge - Living Room - Découvrez les 8 877 photos et vidéos de Residence Inn by Marriott Boston Cambridge prises par des membres de Tripadvisor. Dates. Located on Arsenal Street, this hotel is in an up and coming area of Watertown that will surely provide a top tier extended stay guest experience. Located on Arsenal Street, this hotel is in an up and coming area of Watertown that will surely provide a top tier extended stay guest experience. Xenia Hotels & Resorts Sells Residence Inn Boston Cambridge For $107.5 Million, Click to share on LinkedIn (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to email this to a friend (Opens in new window), Cabot, Cabot & Forbes Acquires 4.4-acre Parcel in Cambridge, West Shore LLC Makes the Company’s 30th Acquisition, Hampton Inn & Suites by Hilton Coming Soon to Arsenal Yards in Watertown, Nauset Completes ‘907 Main’ Boutique Hotel in Central Square, Kimpton Marlowe Hotel’s Guestroom Renovation Nears Completion in Cambridge, BRA Approves $586 million in new projects, Dakota Partners Closes on Depot Village in Hanson, MA. The previously announced sale of Marriott Napa Valley Hotel & Spa is expected to close before the end of October in accordance with the terms of the purchase and sale agreement that the Company executed in August. Residence Inn Marriott Boston Cambridge Aparthotel; Residence Inn Marriott Boston Cambridge; Resince riott Boston Cambridg; Policies State tax ID - C0014440491. For additional information or to receive press releases via email, please visit our website at www.xeniareit.com. Guests praise the comfy beds. Xenia Hotels Resorts, Inc. (NYSE: XHR ) ("Xenia" or the "Company") today announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million , or approximately $486,500 per key. Accommodations at this 3-star hotel have kitchens with full-sized refrigerators/freezers, stovetops, microwaves, and cookware/dishes/utensils.
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