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Sale of Hotel Properties
12 Months Ended
Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Sale of Hotel Properties Sale of Hotel Properties
 
In connection with the sale of hotel properties for the years ended December 31, 2020, 2019, and 2018, the Company recorded a gain of $2.7 million, a loss of $9.3 million, and a gain of $30.9 million, respectively.

During the year ended December 31, 2020, the Company sold one hotel property for a sales price of approximately $4.9 million.

The following table discloses the hotel property that was sold during the year ended December 31, 2020:

Hotel Property NameLocationSale DateRooms
Residence Inn Houston SugarlandStafford, TXDecember 1, 202078 
Total78 

During the year ended December 31, 2019, the Company sold 47 hotel properties in five separate transactions for a total sales price of approximately $721.0 million.

The following table discloses the hotel properties that were sold during the year ended December 31, 2019:
Hotel Property NameLocationSale DateRooms
Courtyard Boulder LongmontLongmont, COJune 25, 201978 
Courtyard Salt Lake City AirportSalt Lake City, UTJune 25, 2019154 
Courtyard Fort Lauderdale SW MiramarMiramar, FLJune 25, 2019128 
Courtyard Austin AirportAustin, TXJune 25, 2019150 
Fairfield Inn & Suites San Antonio Downtown MarketSan Antonio, TXJune 25, 2019110 
Hampton Inn & Suites Clearwater St. PetersburgClearwater, FLJune 25, 2019128 
Hampton Inn Fort Walton BeachFort Walton, FLJune 25, 2019100 
Hampton Inn & Suites Denver Tech CenterDenver, COJune 25, 2019123 
Hampton Inn West Palm Beach Airport CentralWest Palm Beach, FLJune 25, 2019105 
Hilton Garden Inn BloomingtonBloomington, INJune 25, 2019168 
Hilton Garden Inn West Palm Beach AirportWest Palm Beach, FLJune 25, 2019100 
Hilton Garden Inn Durham Raleigh Research Triangle ParkDurham, NCJune 25, 2019177 
Residence Inn Longmont BoulderLongmont, COJune 25, 201984 
Residence Inn Detroit NoviNovi, MIJune 25, 2019107 
Residence Inn Chicago Oak BrookOak Brook, ILJune 25, 2019156 
Residence Inn Fort Lauderdale PlantationPlantation, FLJune 25, 2019138 
Residence Inn Salt Lake City AirportSalt Lake City, UTJune 25, 2019104 
Residence Inn San Antonio Downtown Market SquareSan Antonio, TXJune 25, 201995 
Residence Inn Fort Lauderdale SW MiramarMiramar, FLJune 25, 2019130 
Residence Inn Silver SpringSilver Spring, MDJune 25, 2019130 
SpringHill Suites Boulder LongmontLongmont, COJune 25, 201990 
Embassy Suites Myrtle Beach Oceanfront ResortMyrtle Beach, SCJune 27, 2019255 
Hilton Myrtle Beach ResortMyrtle Beach, SCJune 27, 2019385 
Courtyard Austin Northwest ArboretumAustin, TXAugust 14, 2019102 
Courtyard Denver West GoldenGolden, COAugust 14, 2019110 
Courtyard Boulder LouisvilleLouisville, COAugust 14, 2019154 
Courtyard Louisville NortheastLouisville, KYAugust 14, 2019114 
Courtyard South Bend MishawakaMishawaka, INAugust 14, 201978 
Hampton Inn Houston GalleriaHouston, TXAugust 14, 2019176 
Hyatt House Houston GalleriaHouston, TXAugust 14, 2019147 
Hyatt House Austin ArboretumAustin, TXAugust 14, 2019131 
Hyatt House Dallas Lincoln ParkDallas, TXAugust 14, 2019155 
Hyatt House Dallas UptownDallas, TXAugust 14, 2019141 
Residence Inn Austin Northwest ArboretumAustin, TXAugust 14, 201984 
Residence Inn Austin North Parmer LaneAustin, TXAugust 14, 201988 
Residence Inn Denver West GoldenGolden, COAugust 14, 201988 
Residence Inn Boulder LouisvilleLouisville, COAugust 14, 201988 
Residence Inn Louisville NortheastLouisville, KYAugust 14, 2019102 
SpringHill Suites Austin North Parmer LaneAustin, TXAugust 14, 2019132 
SpringHill Suites Louisville Hurstbourne NorthLouisville, KYAugust 14, 2019142 
SpringHill Suites South Bend MishawakaMishawaka, INAugust 14, 201987 
Residence Inn ColumbiaColumbia, MDSeptember 12, 2019108 
Courtyard Austin SouthAustin, TXNovember 22, 2019110 
Fairfield Inn & Suites Austin South AirportAustin, TXNovember 22, 201963 
Marriott Austin SouthAustin, TXNovember 22, 2019211 
Residence Inn Austin SouthAustin, TXNovember 22, 201966 
SpringHill Suites Austin SouthAustin, TXNovember 22, 2019152 
Total6,024 

During the year ended December 31, 2018, the Company sold seven hotel properties and a parcel of land for a total sales price of approximately $530.9 million.

The following table discloses the hotel properties that were sold during the year ended December 31, 2018:
Hotel Property NameLocationSale DateRooms
Embassy Suites Boston MarlboroughMarlborough, MAFebruary 21, 2018229 
Sheraton Philadelphia Society Hill HotelPhiladelphia, PAMarch 27, 2018364 
Embassy Suites Napa ValleyNapa, CAJuly 13, 2018205 
DoubleTree Hotel ColumbiaColumbia, MDAugust 7, 2018152 
The Vinoy Renaissance St. Petersburg Resort & Golf ClubSt. Petersburg, FLAugust 28, 2018362 
DoubleTree by Hilton Burlington VermontBurlington, VTSeptember 27, 2018309 
Holiday Inn San Francisco - Fisherman's Wharf San Francisco, CAOctober 15, 2018585 
Total2,206