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Apple Hospitality Reit Acquires The Courtyard By Marriott Cleveland University Circle

Apple Hospitality Reit Acquires The Courtyard By Marriott Cleveland University Circle

07/05/23, 8:18 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgrichmond
Industry
travel and tourism
real estate
Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced the acquisition of the newly renovated Courtyard by Marriott Cleveland University Circle (the “Hotel”) for $31 million, or approximately $201,000 per key.

Company Info

Company
Apple Hospitality REIT
Location
Richmond, California, United States
Company info
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (“REIT”) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality’s portfolio consists of 215 hotels with approximately 28,100 guest rooms located in 85 markets throughout 35 states. Concentrated with industry-leading brands, the Company’s portfolio consists of 94 Marriott-branded hotels, 115 Hilton-branded hotels, four Hyatt-branded hotels and two independent hotels. For more information, please visit www.applehospitalityreit.com.
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