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BRIEF-Summit Hotel, Xenia Hotels & Resorts announce agreement on $163 mln transaction
2017年6月5日 / 上午10点57分 / 2 个月前

BRIEF-Summit Hotel, Xenia Hotels & Resorts announce agreement on $163 mln transaction

June 5 (Reuters) - Summit Hotel Properties Inc:

* Summit Hotel Properties and Xenia Hotels & Resorts announce agreement on $163 million transaction

* Xenia Hotels & Resorts Inc - in conjunction with acquisitions, summit will be executing new franchise agreements with respective franchisors for hotels

* Xenia Hotels & Resorts Inc - expects to spend approximately $13 million to $16 million in capital improvements required under agreements over next two years Source text for Eikon: Further company coverage:

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