Certares Buys Hilton Back Bay for $171M                     

Certares, in partnership with Belcourt Capital Partners, has acquired the Hilton Boston Back Bay, a 390-room hotel with a 209-space parking garage, for $171 million. The acquisition includes plans for a capital expenditure program to enhance the guest experience.  

“Boston is one of the only true ‘seven-day-a-week’ lodging markets in the U.S., with demand driven by a diverse set of corporate and leisure travelers,” said Nolan Hecht, Senior Managing Director and Head of Real Estate at Certares. “The city is home to major corporate tenants, world-class colleges and universities, numerous leading medical centers, state-of-the-art life science facilities and a wealth of after-work and weekend leisure activities, making this an incredibly attractive investment.”