Apple Hospitality REIT Buys Anchorage Hotel For $24 Million

12/6/17

Richmond-based Apple Hospitality REIT Inc. has acquired the 135-room Home2 Suites by Hilton in Anchorage, Alaska, for about $24 million.

“We are pleased to add this extended-stay hotel to our portfolio and increase our presence in the dynamic Anchorage market,” Nelson Knight, Apple’s executive vice president and chief investment officer, said in a statement.

Home2 Suites is the fifth hotel that Apple has bought in the past three months.

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