Apple Hospitality (APLE) Grows Portfolio With Embassy Suites
APLEApple Hospitality REIT(APLE) ZACKS·2024-06-25 02:15

Apple Hospitality REIT (APLE) recently announced the opening and strategic acquisition of the Embassy Suites by Hilton Madison Downtown, marking a significant expansion for the company. With a focus on expanding its portfolio and enhancing shareholder value, Apple Hospitality's move aligns with its commitment to growth and adaptability in the dynamic hospitality market. The acquisition of the 262-room Embassy Suites by Hilton Madison Downtown was finalized at approximately $79.5 million, reflecting a price ...