An unknown buyer acquired W New Orleans - French Quarter from Park Hotels & Resorts Inc. (NYSE:PK) for approximately $24.2 million on April 23, 2021. Proceeds from the sale will be used to repay $24 million of outstanding balance under the Revolver debt. An unknown buyer completed the acquisition of W New Orleans - French Quarter from Park Hotels & Resorts Inc. (NYSE:PK) on April 23, 2021. The purchase price is $249,000 per key.