Hilton Worldwide is offering to buy the Mandarin Oriental in Boston for $140 million, just short of $1 million per room.
Since 2008 the hotel has been owned by Anglo Irish Bank Corp. The Irish government is selling off its U.S. assets through a federal bankruptcy court in Delaware and held a three-day auction for the Boston hotel last week in Chicago. The 14-story building also has 85 condominiums and apartments that are privately owned and not part of the deal.
At just under $946,000 per room for the 148-room hotel, the $140-million deal would be most expensive hotel purchase in Boston's history.