Monday, February 12, 2018

Apple Hospitality buys hotels in Atlanta, Memphis

Apple Hospitality REIT continues its pace of acquiring new hotels every few months with two new purchases: the 119-room Hampton Inn & Suites by Hilton Atlanta-Downtown and the 144-room Hampton Inn & Suites by Hilton Memphis-Beale Street. The properties traded for a combined purchase price of $63 million, or approximately $240,000 per key. Read the GlobeSt story here

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