American Realty Capital Hospitality Trust Acquires Six Hotels from Summit Hotel Properties for $108.3 Million

Acquisition increases ARC Hospitality's current lodging portfolio to 142 hotels totaling 17,351 rooms across 32 states NEW YORK, Feb. 16, 2016 -- American Realty Capital Hospitality Trust, Inc. ("ARC Hospitality" or the "Company") announced today that it has completed its previously announced acquisition of six hotels totaling 707 rooms for a purchase price of $108.3 […]