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Apple Hospitality REIT Acquires Embassy Suites Madison Downtown (Wisconsin, USA) for $79.5 Million
Apple Hospitality REIT, Inc. (NYSE: APLE) has purchased the 262-room Embassy Suites by Hilton Madison Downtown for $79.5 million. The newly constructed hotel is strategically located in downtown Madison, Wisconsin, close to major attractions and business hubs. This acquisition enhances Apple Hospitality's portfolio, which now includes 224 hotels with over 30,000 guest rooms across 37 states and the District of Columbia.