LaSalle Hotel Properties selling Hotel Viking in Newport

NEWPORT'S HOTEL VIKING is being sold by LaSalle Hotel Properties for $77 million to an undisclosed buyer. LaSalle bought the 98-year-old hotel in 1999 for $27 million. / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS
NEWPORT'S HOTEL VIKING is being sold by LaSalle Hotel Properties for $77 million to an undisclosed buyer. LaSalle bought the 98-year-old hotel in 1999 for $27 million. / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS
(Update, Sept. 12, 2014, 12:11 p.m.) Hotel Viking’s general manager Mark Gervais said the new owner closed on the property on Wednesday. He described the owner as a private equity firm, adding it does not want to be identified. Gervais said the current management company, Noble House, which has been with Hotel Viking for 15…

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