Real Estate
Starwood-Led Group to Sell 1 Hotel Nashville to Host Hotels
- Deal valued at more than $500 million includes Embassy Suites
- Nashville’s 1 Hotel, with 215 rooms, opened in July 2022
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Host Hotels & Resorts Inc. is acquiring the 1 Hotel Nashville and the adjacent Embassy Suites from a group of owners that includes a Starwood Capital Group affiliate, according to people familiar with the matter.
The transaction is valued at more than $500 million, said one of the people, who asked not to be identified because the details are private.