Apple Hospitality REIT Acquires Hyatt Place in Greenville, South Carolina for $30M

Apple Hospitality REIT, Inc. | September 7, 2021

RICHMOND, Va. - September 7, 2021 - Apple Hospitality REIT, Inc. today announced the acquisition of the 130-room Hyatt Place in downtown Greenville, South Carolina (the “Hotel”), for a total purchase price of approximately $30 million, or approximately $231,000 per key.   “Greenville has benefited from the recent shift of companies to smaller, more business-friendly cities and is home to numerous corporations and startups that span a variety of industries,” said Nelson Knight, President, Real Estate and Investments of Apple Hospitality. “We are pleased to grow our portfolio with the acquisition of this recently built Hotel ...