Summit Hotel Properties to acquire four hotels for $164 million

Summit Hotel Properties to acquire four hotels for $164 million



  eTN Article:

This post was originally published on this site Summit Hotel Properties, Inc. Summit Hotel Properties, Inc. today announced that it has entered into definitive agreements to acquire four hotels totaling 652 guestrooms for an aggregate purchase price of $164 million, or approximately $252,000 per key. The portfolio includes the 207-guestroom Courtyard New Haven at Yale,

 

About eTurboNews

Original eTN articles are editorially regulated according to news values, significance, and accuracy, copyright protected, and independent of any advertising and sponsorship carried unless clearly marked otherwise.




  • Click here for more original content on eTurboNews.
  • Click here to subscribe to the eTN Daily or Weekly e-newsletter.
  • Click here to submit story ideas.