During the three months ended June 30, 2022, we sold the three consolidated hotels listed in the table below and received total gross proceeds of approximately $102 million. We recognized a loss of approximately $1 million, net of selling costs, which is included in (loss) gain on sales of assets, net in our condensed consolidated statements of comprehensive income (loss).


Hotel	Location	Month Sold
Hampton Inn & Suites Memphis – Shady Grove	Memphis, Tennessee	April 2022
Hilton Chicago/Oak Brook Suites	Chicago, Illinois	May 2022
Homewood Suites by Hilton Seattle Convention Center Pike Street	Seattle, Washington	June 2022

Additionally, in June 2022, we sold our ownership interests in the joint ventures that own and operate the Hilton San Diego Bayfront for gross proceeds of $157 million. Our gross proceeds were reduced by $55 million for our share of the mortgage debt in the joint venture. We recognized a gain of approximately $92 million, net of selling costs, which is included in other gain (loss), net in our condensed consolidated statements of comprehensive income (loss).

During the three months ended June 30, 2021, we sold the three consolidated hotels listed in the table below and received total gross proceeds of approximately $173 million. We recognized a gain of $6 million, net of selling costs, which is included in (loss) gain on sales of assets, net in our condensed consolidated statements of comprehensive income (loss).


Hotel	Location	Month Sold
W New Orleans – French Quarter	New Orleans, Louisiana	April 2021
Hotel Indigo San Diego Gaslamp Quarter(1)	San Diego, California	June 2021
Courtyard Washington Capitol Hill Navy Yard(1)	Washington, D.C.	June 2021

(1) Sold as a portfolio in the same transaction.

In June 2022, we entered into a definitive agreement to sell the Hilton Garden Inn Chicago/Oakbrook Terrace. The hotel was sold in July 2022 for gross proceeds of approximately $9 million, which was paid in cash at closing and is subject to customary pro rations and adjustments.

Assets held for sale related to the Hilton Garden Inn Chicago/Oakbrook Terrace were as follows as of June 30, 2022:


	(in millions)
Assets:
Property and equipment, net	$	7
Total Assets Held for Sale	$	7