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Apple Hospitality REIT buys Homewood Suites by Hilton Tampa-Brandon for $18.8M

Apple Hospitality REIT (APLE) announced the acquisition of the 126-room Homewood Suites by Hilton Tampa-Brandon for a total purchase price of $18.8M, or approximately $149,000 per key. Following the acquisition of the Homewood Suites Tampa-Brandon, the Apple Hospitality hotel portfolio includes 221 hotels with 29,893 guest rooms geographically diversified throughout 37 states and the District of Columbia.

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