The Park Plaza's previous owner said the hotel will likely need significant investment to keep its competitive edge following a $100 million renovation in 2016. Skip to Main Content Open Close Menu ...

That hotel, it turns out, is the 1,060-room Boston Park Plaza, which Sunstone Hotel Investors has sold to Parks Hospitality Holdings for a gross sale price of $370 million, or approximately ...

In 2013, Sunstone acquired the Boston Park Plaza from Rockpoint Group for $250M. Two years later, the REIT began a $95M renovation that would modernize the landmark hotel.

The Boston Park Plaza has sold for $370 million, and the iconic hotel that’s one of the city’s largest has also taken on its new branding under the Hilton name. You won't believe the sale ...