Apple Hospitality REIT Acquires the Embassy Suites by Hilton Madison Downtown
Apple Hospitality REIT Acquires the Embassy Suites by Hilton Madison Downtown
RICHMOND, Va.--(BUSINESS WIRE)-- Apple Hospitality REIT, Inc. (NYSE: APLE) (the "Company" or "Apple Hospitality") today announced the opening and acquisition of the 262-room Embassy Suites by Hilton Madison Downtown (the "Hotel") for approximately $79.5 million, or $303,000 per key.
Apple Hospitality房地產信託公司(NYSE:APLE)今天宣佈以每間客房約79.5美元、每間房303,000美元的價格、斥資約7,950萬美元,收購262間Embassy Suites by Hilton Madison Downtown(“酒店”)。
"We are pleased to expand our portfolio with the acquisition of the newly constructed, custom Embassy Suites Madison Downtown and increase our presence within the dynamic and business-friendly Madison market," said Nelson Knight, President, Real Estate and Investments of Apple Hospitality. "Through our longstanding relationship with one of the industry's leading and most trusted developers, we secured a fixed-price, take-out contract ahead of development, enabling us to acquire this Hotel at an attractive price despite rising construction costs over the course of development. Ideally located in the heart of downtown Madison, we are confident the Hotel is well positioned to serve the city's wide variety of business and leisure travelers."
Apple Hospitality的房地產與投資總裁Nelson Knight表示:“我們很高興通過收購新建的、定製化的Embassy Suites Madison Downtown擴大我們的投資組合,增加我們在充滿活力和營商友好的麥迪遜市場的影響力。通過我們與業內領先、最值得信賴的開發商之一的長期合作關係,我們提前獲得了一份定價合同,使我們能夠以有吸引力的價格收購這家酒店,儘管在開發過程中建築成本不斷上漲。該酒店地理位置優越,位於麥迪遜市中心,我們有信心它能爲城市各類商務和休閒旅行者提供優質服務。”
The newly built Embassy Suites Madison Downtown is located at 231 South Pinckney Street, Madison, Wisconsin. The Hotel is a short walk from Monona Terrace Community and Convention Center and the Wisconsin State Capitol, and is convenient to Lake Monona, Lake Mendota, the University of Wisconsin-Madison and a variety of restaurants, shops, art galleries, parks, museums and entertainment venues. Madison's economy offers a wide variety of business demand generators, including, but not limited to, government, insurance, biotechnology, manufacturing and telecommunications, as well as leisure demand generators. According to data provided by STR for the trailing twelve months ended May 31, 2024, revenue per available room ("RevPAR") for the Madison CBD, WI submarket improved by approximately 7% year over year.
新建的Embassy Suites Madison Downtown位於威斯康星州麥迪遜市南平克尼街231號。酒店距離Monona Terrace社區和會議中心、威斯康星州議會大廈僅幾步之遙,靠近Monona湖、Mendota湖、威斯康星大學麥迪遜分校以及衆多餐廳、商店、藝術館、公園、博物館和娛樂場所。麥迪遜經濟中有許多商業需求產生者,包括但不限於政府、保險、生物技術、製造業和電信,以及休閒需求產生者。根據STR提供的數據,在2024年5月31日結束的過去12個月中,麥迪遜中央商業區(WI次市場)的每間可用客房收入("RevPAR")同比提高了約7%。
In addition, the Company today announced the recent disposition of the 82-room SpringHill Suites by Marriott Greensboro in Greensboro, North Carolina, for approximately $7.1 million.
此外,該公司今天還宣佈以約710萬美元的價格出售了位於北卡羅來納州格林斯博羅市的82間萬豪酒店SpringHill Suites。
As previously announced, the Company continues to have one additional hotel under contract for purchase, a Motto by Hilton that is under development in downtown Nashville, Tennessee, for an anticipated total purchase price of approximately $98.2 million with an expected 260 rooms, which the Company anticipates acquiring in late 2025 following completion of construction. There are many conditions to closing on this hotel that have not yet been satisfied, and there can be no assurance that a closing on this hotel will occur under the outstanding purchase contract.
正如之前宣佈的那樣,該公司繼續保有一個旅館購買合同,該合同是一家位於田納西州納什維爾市中心正在開發的黑旗品牌旅館,預計總購買價格約爲9820萬美元,預計共有260間客房,該公司預計在建成後的2025年底收購該旅館。關閉這家旅館還有許多尚未得到滿足的條件,不能保證該旅館的出售將在未實現的購買合同下發生。
Following the acquisition of the Embassy Suites Madison Downtown and the disposition of the SpringHill Suites Greensboro, the Apple Hospitality hotel portfolio includes 224 hotels with 30,066 guest rooms geographically diversified throughout 37 states and the District of Columbia.
在收購Embassy Suites Madison Downtown和出售SpringHill Suites Greensboro後,Apple Hospitality酒店組合包括224家酒店,遍佈37個州和哥倫比亞特區,共有30,066個客房,地理位置分散。
About Apple Hospitality REIT, Inc.
關於Apple Hospitality REIT,Inc。
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust ("REIT") that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality's portfolio consists of 224 hotels with more than 30,000 guest rooms located in 87 markets throughout 37 states and the District of Columbia. Concentrated with industry-leading brands, the Company's hotel portfolio consists of 100 Marriott-branded hotels, 119 Hilton-branded hotels and five Hyatt-branded hotels. For more information, please visit www.applehospitalityreit.com.
蘋果酒店(Apple Hospitality)是一家公開交易的房地產信託(REIT),擁有美國最大、最多元化的高檔酒店投資組合之一。蘋果酒店的酒店投資組合由224個酒店組成,擁有超過30,000個客房,分佈在37個州和哥倫比亞特區的87個市場中。該公司的酒店組合包括100家萬豪酒店、119家希爾頓酒店和五家凱悅酒店,並且具有行業領先品牌。欲了解更多信息,請訪問www.applehospitalityreit.com.
Forward-Looking Statements Disclaimer
前瞻性聲明免責聲明
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are typically identified by use of statements that include phrases such as "may," "believe," "expect," "anticipate," "intend," "estimate," "project," "target," "goal," "plan," "should," "will," "predict," "potential," "outlook," "strategy," and similar expressions that convey the uncertainty of future events or outcomes. Such statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.
本新聞稿包含根據1933年證券法和1934年證券交易法修正版第27A條和第21E條規定的前瞻性陳述。前瞻性陳述通常通過包含“可能”、“相信”、“期望”、“預計”、“打算”、“估計”、“項目”、“目標”、“目標”、“計劃”、“應該”、“將”、“預測”、“潛力”、“展望”、“策略”等表達不確定未來事件或結果的短語來識別。這樣的陳述涉及已知和未知的風險、不確定性和其他因素,這些因素可能導致公司的實際結果、表現或成就與這些前瞻性陳述所表達或暗示的未來結果、表現或成就存在實質差異。
Such factors include, but are not limited to, the ability of the Company to effectively acquire and dispose of properties and redeploy proceeds; the anticipated timing and frequency of shareholder distributions; the ability of the Company to fund capital obligations; the ability of the Company to successfully integrate pending transactions and implement its operating strategy; changes in general political, economic and competitive conditions and specific market conditions (including the potential effects of inflation or a recessionary environment); reduced business and leisure travel due to geopolitical uncertainty, including terrorism and acts of war; travel-related health concerns, including widespread outbreaks of infectious or contagious diseases in the U.S.; inclement weather conditions, including natural disasters such as hurricanes, earthquakes and wildfires; government shutdowns, airline strikes or equipment failures or other disruptions; adverse changes in the real estate and real estate capital markets; financing risks; changes in interest rates; litigation risks; regulatory proceedings or inquiries; and changes in laws or regulations or interpretations of current laws and regulations that impact the Company's business, assets or classification as a REIT. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore there can be no assurance that such statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the results or conditions described in such statements or the objectives and plans of the Company will be achieved. In addition, the Company's qualification as a REIT involves the application of highly technical and complex provisions of the Internal Revenue Code of 1986, as amended. Readers should carefully review the risk factors described in the Company's filings with the Securities and Exchange Commission, including but not limited to those discussed in the section titled "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023. Any forward-looking statement that the Company makes speaks only as of the date of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements or cautionary factors, as a result of new information, future events, or otherwise, except as required by law.
這些因素包括但不限於公司有效收購和處置財產和重新配置收益的能力;股東分配的預計時間和頻率;公司資金義務的融資能力;公司成功整合待定交易和實施其經營策略的能力;一般政治、經濟和競爭條件以及特定市場條件的變化(包括通貨膨脹或經濟衰退環境的潛在影響);由於地緣政治不確定性(包括恐怖主義和戰爭行爲)導致的商務和休閒旅行減少;與出行相關的健康問題,包括傳染病在美國的大規模暴發或傳染;惡劣的天氣條件,包括自然災害,如颶風、地震和野火;政府關門,航空公司罷工或設備故障或其他中斷;不利的房地產和房地產資本市場變化;融資風險;利率變化;訴訟風險;監管程序或調查;本公司業務、資產或分類爲REIT的法律或法規或解釋的變化。儘管蘋果酒店認爲在本新聞稿所包含的前瞻性聲明中所用的假設是合理的,但任何假設都可能是不準確的,因此本新聞稿中包含的這些聲明可能證明是不準確的。鑑於本新聞稿中所包含的前瞻性聲明的重大不確定性,因此包含此類信息不應被視爲公司或任何其他人對所述聲明或公司的結果或條件的代表。此外,公司作爲REIT的資格涉及到1986年修訂版內部收入法典非常技術性和複雜的規定。讀者應仔細審查公司向證券交易委員會提交的風險因素描述,包括但不限於公司在2023年12月31日年度報告第10-K表格中討論的那些風險因素。公司所做出的任何前瞻性聲明僅代表本新聞稿發佈之日,公司不承擔公開更新或修訂任何前瞻性聲明或警示因素,因爲新的信息、未來事件或其他原因可能會導致前瞻性聲明或警示因素的內容發生變化,除非法律有要求。
For additional information or to receive press releases by email, visit www.applehospitalityreit.com .
如需更多信息或通過電子郵件接收新聞稿,請訪問 www.applehospitalityreit.com .
Apple Hospitality REIT, Inc.
Kelly Clarke, Vice President, Investor Relations
804‐727‐6321
kclarke@applereit.com
Apple Hospitality REIT,Inc。
凱利·克拉克(Kelly Clarke),投資者關係副總裁
804-727-6321
kclarke@applereit.com
Source: Apple Hospitality REIT, Inc.
來源:Apple Hospitality REIT,Inc。