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Firm Assists in Purchase of the W New Orleans in Central Business District

Susan Talley and James Slaton represented Chesapeake Lodging Trust, as local counsel, in the purchase of the W New Orleans located in the Central Business District from Starwood Hotels & Resorts Worldwide for $65 million.  The 24-story hotel is located on Poydras Street and features 410 guestrooms, including 22 large suites, approximately 10,000 square feet of flexible meeting space, two bars, a full-service restaurant, a rooftop pool with a large deck and a state-of-the-art fitness center.  Chesapeake Lodging Trust is planning a $29 million comprehensive renovation that will begin in April 2014.

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