News
Mandarin Oriental Sells For Highest Price Ever
If you stay at the Mandarin Oriental (776 Boylston St), think to yourself: "Would I pay $945,945 for this room?" That's what Hong Kong-based Mandarin Oriental Hotel Group (which had been managing the hotel) just laid out—a new record for Boston hotel sales per room, according to the Boston Business Journal. The seller (and recipient of Mandarin's $140M total purchase) is CWB Hotel LP. [BBJ]
