10 single-asset transactions that made a splash in 2014

In a year with so many high-profile hotel transactions, it can sometimes be difficult to choose the deals that made the biggest news. However, here are 10 single-asset transactions that stood out in 2014.

1) The first deal was the biggest. On October 6, New York's Waldorf Astoria was sold to Beijing-based Anbang Insurance Group for 1.95 billion, the highest single-asset hotel transaction in history. This sale was big news for luxury hotel transactions, and was a power play for Asian hotel operators in one of America's largest markets.

2) Before October, however, the sale of the Cosmopolitan Las Vegas was the deal. Purchased by the Blackstone Group for $1.7 billion in May, the property was revived from foreclosure after shutting its doors January 2008 due to developer Ian Eichner defaulting on a construction loan. 

3) In September, the 998-room Westin Diplomat in Hollywood, Fla., was picked up by Thayer Lodging Group for $460 million. Thayer also purchased a nearby 18-hole golf course for $20 million, as well as a few parcels of land next to the resort for $55.5 million, paying a total of $535.5 million to Diplomat Companies Limited Partner in the deal. Thayer abandoned the hotel's Westin affiliation, renamed it the Diplomat Resort and Spa, and aligned it with Hilton's Curio collection.

4) and 5) Two acquisitions of note took place in early December, the first of which was DiamondRock Hospitality's buy of the Westin Beach Resort & Spa in Fort Lauderdale, Fla. DiamondRock paid $149 million for the 432-room resort, which remained a Westin, managed by HEI Hotels & Resorts. The second transaction was the 415-room Fairmont Hotel in Washington, D.C., which went for $180 million to MetLife, or about $434,000 per room. Fairmont Hotels & Resorts continued to manage the property.

6) Philanthropist Jeff Vinik's ownership group picked up the Tampa Marriott Waterside for $150 million in October. The 719-room hotel was one of the few buildings in the neighborhood not owned by Vinik's group, who also owns the Tampa Bay Lightning.

7) and 8) Oahu, Hawaii, also was home to a large transaction as the Kahala Hotel & Resort was sold to the Japan-based Resorttrust Group for $282 million. The 338-room resort will continue to be managed by Landmark Hotels. Additionally, the Aston Waikiki Beach Hotel in nearby Honolulu was sold to Inland American Lodging Group for $183 million. The 645-room hotel was previously owned by RHAC, a joint venture between Gaylord Entertainment and RREEF Global Opportunities Fund II, and will continue to be managed by Aston Hotels & Resorts.

9) Loews Hotels paid $120 million for the InterContinental Chicago O'Hare, which is a 556-room hotel that opened as the financial markets were crashing in 2008. The hotel was pulled out of bankruptcy court by Loews Hotels in June.

10) Last, but not least, in May, Strategic Hotels & Resorts paid $210 million for the remaining portion of the Hotel Del Coronado it didn't already own. Strategic purchased a remaining 63.6-percent stake in the San Diego hotel from joint-venture partner Blackstone Group, who bought a majority stake in the hotel in 2011. The Hotel del Coronado was valued at about $590 million at the time of that purchase, and is currently valued at $787 million.