The buyer of the Fairmont Dallas, who brought a 11.3 percent rate of return to seller Xenia Hotels & Resorts last month, has been revealed. An affiliate of investment giant Sixth Street Partners ...
A downtown Dallas landmark is celebrating its 50th birthday.The Fairmont Dallas Hotel opened in 1969, the same year Neil Armstrong first stepped on the moon.Completing the 545-room hotel project was ...
One of downtown Dallas’ landmark hotels is getting a major makeover. The 545-room Fairmont Hotel on Ross Avenue in downtown Dallas is getting an updated exterior that’s a nod to the property’s past.
A downtown Dallas landmark hotel is changing hands again. Xenia Hotels & Resorts sold the Fairmont Dallas for $111 million, exiting a long-held investment that has lagged behind the Florida REIT’s ...
(RTTNews) - Xenia Hotels & Resorts (XHR) Friday has sold the 545-room Fairmont Dallas for $111 million, or approximately $203,670 per key, reflecting an 8.6x Hotel EBITDA multiple and a 10% cap rate ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A huge investment firm with $100 ...
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