Summit Hotel Properties to acquire four hotels for $164 million

, Summit Hotel Properties to acquire four hotels for $164 million, TravelWireNews | World News, TravelWireNews | World News

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,