ARA US Hospitality Trust to divest four Hyatt hotels at 3.2% premium
ARA US Hospitality Trust (ARA H-Trust) has entered into a purchase and sale agreement to divest a portfolio of four Hyatt Place hotels. The hotels will be divested for a total consideration of USD32.5 million, which is a 3.2% premium over the latest market valuation. The hotels are namely Hyatt Place Pittsburgh Cranberry located in […]
ARA US Hospitality Trust to divest four Hyatt hotels at 3.2% premium
ARA US Hospitality Trust (ARA H-Trust) has entered into a purchase and sale agreement to divest a portfolio of four Hyatt Place hotels. The hotels will be divested for a total consideration of USD32.5 million, which is a 3.2% premium over the latest market valuation. The hotels are namely Hyatt Place Pittsburgh Cranberry located in […]