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Apple Hospitality REIT acquires Motto by Hilton Nashville Downtown for $98.2M

Apple Hospitality REIT (APLE) announced the opening and acquisition of the 260-room Motto by Hilton Nashville Downtown for approximately $98.2M, or $378,000 per key. Following the acquisition of the Motto Nashville Downtown, the Apple Hospitality hotel portfolio includes 217 hotels with 29,580 guest rooms throughout 37 states and the District of Columbia.

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