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Benzinga
Benzinga
Business
Shivani Kumaresan

Wyndham Sells Wyndham Grand Orlando Bonnet Creek Hotel In Florida

Orlando Florida WH NYSE
  • 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.
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