Boston Business Journal

Boston Park Plaza is now a Hilton. Here's what it sold for

The Boston Park Plaza is now part of the Hilton brand, and it has new owners after a $370 million purchase.

The Boston Park Plaza has sold for $370 million, and the iconic hotel that’s one of the city’s largest has also taken on its new branding under the Hilton name.

The 1,060-room hotel just south of the Public Garden has been sold to Parks Hospitality Holdings, a Mexican hotel developer that's a major Hilton franchisee. It was sold by Sunstone Hotel Investors, a California company that paid $250 million for the Park Plaza in 2013.

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