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Summit Hotel Properties Inc closes acquisitions


Wednesday, 15 Jan 2014 09:31am EST 

Summit Hotel Properties Inc:Says it has closed on three previously announced acquisitions and completed the disposition of five hotels the 213-guestroom Hyatt Place located in Minneapolis, MN, the 182-guestroom Hilton Garden Inn located in Houston, TX and the 98-guestroom Hampton Inn located in Santa Barbara (Goleta) CA.Says company acquired the recently completed 213-guestroom Hyatt Place located in downtown Minneapolis on Dec. 31 for a total purchase price of $32.6 mln and entered into a management agreement with a Hyatt affiliate.Terms were not disclosed from all three acquisitions. 

Company Quote

13.64
0.0 +0.00%
26 Feb 2015