Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced that it acquired the 127-room Hyatt Place Jacksonville Airport for a purchase price of approximately $15.4 million, or $121,000 per key.
Hyatt Hotels Corporation (NYSE: H) announced yesterday the opening of Hyatt Regency Seattle, located in the heart of downtown at 808 Howell Street and near some of Seattles top attractions including the Space Needle, Chihuly Garden and Pike Place Market.
IHG announced the opening of new hotels in two of Germany's most culturally rich cities, Berlin and Dresden.
Hilton Garden Inn Tbilisi Riverside will be situated on the banks of the Kura River, close to two of the city's universities, political ministries and a number of large corporate offices. The hotel will include 161 guestrooms, some of which will overlook the river, a bar and restaurant, as well as a fitness centre and two meeting rooms.