Apple Hospitality REIT has closed the purchase of a 128-room Home2 Suites by Hilton in Atlanta, Georgia, US, for $24.6m.

Apple Hospitality executive vice president and chief investment officer Nelson Knight said: "We are pleased to add the new Home2 Suites in downtown Atlanta to our portfolio of select service hotels and expand our geographic diversity with entrance into the vibrant downtown Atlanta market.

“The hotel is ideally located within Atlanta and well positioned to benefit from the market’s wealth of diverse corporate, leisure, government and education-related demand generators.”

Home2 Suites by Hilton Atlanta is located at 87 Walton Street in downtown Atlanta. It is located close to several attractions such as Centennial Olympic Park, the CNN Center, the World of Coca-Cola, the College Football Hall of Fame, the Georgia Aquarium, Philips Arena, the Georgia Dome, Georgia State University, etc.

Downtown Atlanta is a popular destination for business or leisure, guests.

After this acquisition, the Apple Hospitality portfolio includes 180 hotels, with over 23,000 guestrooms, across 32 states in the US.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.