Tag: US hotel market
Apple Hospitality REIT buys hotel in Greenville, South Carolina
Apple Hospitality REIT has acquired a130-room Hyatt Place in downtown Greenville, South Carolina for $30 million, or $231,000 per key. “Greenville has benefited from the...
Service Properties Trust terminates agreements with Marriott for 122 hotels
SVC Terminated Marriott Agreements for Failure to Meet 80% Termination Threshold for Cumulative Owner’s Priority Returns to SVC through August SVC Plans to Transfer the...
Apple Hospitality REIT buys two Hyatt hotels in Tempe, Arizona
Apple Hospitality REIT said it has acquired the new 105-room Hyatt House and 154-room Hyatt Place in Tempe, Arizona for $64.6 million. “We are pleased...
Xenia Hotels & Resorts to sell seven-hotel portfolio for $483m
Xenia Hotels & Resorts, Inc., a self-advised and self-administered REIT, owns 39 hotels comprising 11,245 rooms across 16 states in the U.S announced that...
Service Properties Trust announces new agreements with Marriott
-Combines Three Existing Agreements, Extends Term, Increases Credit Support, Provides for Renovation and Sale of Certain Hotels Service Properties Trust (Nasdaq: SVC) has entered agreements...
AHIP REIT to sell 45 Economy Lodging hotels for $215.5m
American Hotel Income Properties REIT LP ("AHIP") has agreed to sell its Economy Lodging portfolio of 45 hotel properties for a total sale price...
