FORT MITCHELL, KY—Columbia Sussex Corp. has completed the acquisition of 14 full-service Wyndham hotels from an affiliate of the Blackstone Group, for $1.4 billion. The hotels contain over 5,800 rooms and are located primarily in large urban markets, including Atlanta, Baltimore, Boston, Chicago, Fort Lauderdale, New Orleans, Philadelphia, San Diego, Tampa, Toronto and Washington D.C. The acquired properties represent approximately one-half of Wyndhams owned real estate. The remaining Wyndham owned assets were recently re-branded to become part of LXR Luxury Resorts and continue to be owned by affiliates of Blackstone. With the Wyndham portfolio, Columbia Sussex owns over 70 full-service hotels located throughout the U.S.
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