News & Articles - Xenia Hotels

  • Xenia Hotels and Resorts completes acquisition of Waldorf Astoria Atlanta Buckhead

    Press Release Xenia Hotels & Resorts, Inc. today announced its acquisition of the former Mandarin Oriental, Atlanta, a 127-room luxury hotel located in the upscale Buckhead area of Atlanta, Georgia, for $53.5 million, or approximately $421,000 per key. The hotel was rebranded as Waldorf Astoria Atlanta Buckhead immediately upon completion of this acquisition. The Company does not anticipate the hotel to materially contribute to the company’s EBITDA during the remainder of 2018. “We are thrilled to have acquired this luxury…

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