Nov 12, 2021
Summit Hotel Properties buying $822M portfolio
AUSTIN – Locally based Summit Hotel Properties is purchasing a 27-hotel portfolio totaling 3,709 rooms from NewcrestImage. Six hotels are in Louisiana and Oklahoma. The remainder are in various Texas markets.The deal...
AUSTIN – Locally based Summit Hotel Properties is purchasing a 27-hotel portfolio totaling 3,709 rooms from NewcrestImage.
Six hotels are in Louisiana and Oklahoma. The remainder are in various Texas markets.
The deal will close in fourth quarter 2021 or in early 2022.
Get more Texas hotel news on the Texas Real Estate Researcj Center’s website.
Source: REBusiness Online
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