Welcome to The Deal Pipeline's Deal of the Day. Shot on the trading floor of the New York Stock Exchange, we bring you an in-depth look at the terms, advisers and vital information on a specific transaction from The Deal Pipeline's database.

In this segment, we look at the $495 million sale of four Hilton and Westin hotels by Blackstone Group LP's Blackstone Real Estate Partners to DiamondRock Hospitality Co. In this deal, DiamondRock received financial advice from Goldman, Sachs & Co. while Blackstone looked to Simpson Thacher & Bartlett LLP for legal counsel.

Below are links to key content from The Deal Pipeline regarding aspects of this transaction. - Sarah Hashim-Waris

The Deal Pipeline article: Blackstone sells four hotels to DiamondRock

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