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Dec 28, 2023 · RICHMOND, Va., December 28, 2023 -- (BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the "Company" or "Apple Hospitality") today announced the acquisition of the 299-room SpringHill...
Dec 28, 2023 · Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced the acquisition of the 299-room SpringHill Suites by Marriott Las Vegas Convention Center (the “Hotel”) for approximately $75 million, or $251,000 per key.
Jan 2, 2024 · The Richmond, Virginia-based REIT, which has been one of the few REITs active in the deal space over the past year, acquired the 299-key SpringHill Suites by Marriott Las Vegas Convention Center for approximately $75 million ($251,000 per key) from Chicago-based GEM Realty Capital.
SpringHill Suites is a brand operated by Marriott International offering suite hotels that target the upper-moderate lodging tier of the industry. [2] History. Introduced in May 1997, the concept arose out of rebranding former Fairfield Suites properties, which featured an all-suite layout, into a brand of its own. [3] .
Dec 28, 2023 · Apple Hospitality REIT, Inc. announced the acquisition of the 299-room SpringHill Suites by Marriott Las Vegas Convention Center for approximately $75 million, or $251,000 per key. The SpringHill Suites Las Vegas Convention center opened in October 2009 and is located at 2989 Paradise Road, Las Vegas, Nevada.
Dec 29, 2023 · SpringHill Suites by Marriott Las Vegas Convention Center has new owners. Apple Hospitality REIT, Inc. announced it has completed the acquisition of the 299-room hotel for $75 million, or $251,000 per key.
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Oct 14, 2021 · What started out as a mission for two boys from Akron, Ohio, just became a major investment. Nike, Fenway Sports Group, Epic Games, and RedBird Capital Partners have acquired a minority stake in...