- Tishman Realty and Cross Lake Partners have acquired the Wyndham Grand Orlando Bonnet Creek hotel from Wyndham Hotels & Resorts Inc (NYSE:WH). The financial terms of the deal were not disclosed.
- Wyndham Grand Orlando Bonnet Creek is a 400-room upper upscale hotel located at 14651 Chelonia Parkway in Orlando, Florida.
- Built in 2011, the 14-story full-service hotel consists of 400 guestrooms, 50,000 square feet of event space, a resort spa, a fitness center, and multiple food and beverage outlets.
- HEI Hotels & Resorts, a hospitality management company in the U.S. with over 85 hotels under management, will assume the hotel's property management.
- Price Action: WH shares are trading higher by 1.40% at $88.62 on the last check Wednesday.
