Summit Hotel Properties, Inc. Announces the Acquisition of the San Francisco Four Points by Sheraton and the Completion of Two Dispositions for $21.3M
January 30, 2014 at 16:03 PM EST
Summit Hotel Properties (NYSE: INN ) (the “Company”) today announced the acquisition of the Four Points by Sheraton located in San Francisco, Calif. as well as the completion of two previously announced dispositions. The Company acquired the 101-guestroom Four Points by Sheraton for a purchase price of $21.3 million