📊 Topic

Cap rate analysis

2 stories · First covered Mar 23, 2026 · Latest Mar 28
Related: RevPAR 1 Ashford Hospitality Trust 1 Hilton Worldwide 1 Per-key valuation 1 Hotel-to-residential conversion 1 Paris Hotel Market 1 Kolter Group 1 Hilton Bayfront St. Pete 1 Saltaire 1 Tampa-St. Pete hotel market 1 Evolution Investment Fund 1 Shanshal family 1
Cap rate analysis Coverage
£1.1 Billion for 331 London Keys. That's £3.3 Million Per Room.
Transactions Primary
Mar 28

£1.1 Billion for 331 London Keys. That's £3.3 Million Per Room.

A new UAE-backed fund just committed £1.1 billion to two Mayfair hotel assets totaling 331 keys, implying a per-key figure that redefines what "luxury premium" means in London. The cap rate math on this deal tells you exactly what the buyer believes about the next decade of London hospitality.

JC
Jordan Chen 2 min read · Mar 28
Hilton Bayfront St. Pete Sells for $288K Per Key. The Buyer Isn't Keeping the Hotel.
Transactions
Mar 23

Hilton Bayfront St. Pete Sells for $288K Per Key. The Buyer Isn't Keeping the Hotel.

Kolter Group is paying $96 million for a 333-room Hilton in downtown St. Petersburg, and the per-key math only makes sense if you stop thinking about it as a hotel transaction. This is a land play dressed in a room key, and it tells you something uncomfortable about where real estate value is heading in coastal Florida markets.

JC
Jordan Chen 2 min read · Mar 23