Three American luxury hotels, created by Richard Kessler, are to be acquired by Inland American Lodging Group, a subsidiary of Inland American Real Estate Trust.

The Grand Bohemian Hotel Orlando, Bohemian Hotel Celebration, both in Florida, and the Bohemian Hotel Savannah Riverfront in Savannah are all founding hotels in the Marriott Autograph Collection.

The sale of the Savannah hotel was closed in August and the other two sales are expected to complete in December and January.

"This transaction gave us the opportunity to add three high-quality, market-leading luxury hotels in excellent condition to Inland American. The acquisition of these assets further exemplifies our strategy of continued improvement of our portfolio, while adding hotels that give us superior yields," says Marcel Verbaas, president and CEO, Inland American Lodging Advisor.

The properties will continue to be managed by Kessler Collection Management under a 10-year management agreement.