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Hotel Properties
−Removed: As of December 31, 2020, we held ownership interests in thirteen hotel properties that were included in our consolidated operations, which included direct ownership in eleven hotel properties and 75% ownership in two hotel properties through equity investments with our partner.
−Removed: Twelve of our hotel properties are located in the United States and one is located in the U.S.
+Added: As of December 31, 2021, we held ownership interests in 14 hotel properties that were included in our consolidated operations, which included direct ownership in 12 hotel properties and 75% ownership in two hotel properties through equity investments with our partner.
+Added: Thirteen of our hotel properties are located in the United States and one is located in the U.S.
Virgin Islands.
−Removed: Each of the thirteen hotel properties is encumbered by loans as described in “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Indebtedness.”
+Added: Each of the 14 hotel properties is encumbered by loans as described in “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Indebtedness.”
+Added: Hotel Properties
The following table presents certain information related to our hotel properties:
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Truckee, CA 170 100 % 170 55.00 % 642.81 353.56
+Added: C Beverly Hills Hotel (2)
+Added: Los Angeles, CA 143 100 % 143 63.88 % 332.86 212.62
Ground Lease Properties (3)
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(1) The above information does not include the operations of ten condominium units not owned by The Ritz-Carlton Lake Tahoe.
+Added: (2) Includes 138 hotel rooms and five residences adjacent to the hotel.
+Added: The results of the Mr.
+Added: C Beverly Hills Hotel and the five adjacent luxury residences are included from August 5, 2021 through December 31, 2021.
(3) Some of our hotel properties are on land subject to ground leases, two of which cover the entire property.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.