AUSTIN--Summit Hotel Properties has acquired its first hotel in Austin.

Despite being based in the city, the purchase of the Hampton Inn & Suites, located in downtown Austin, marks the first property owned by Summit in the home of their corporate offices.

“We are thrilled with the acquisition of our first property in the robust and dynamic Austin market,” said company president and CEO Dan Hansen. “The Hampton Inn & Suites is a wonderful addition to our portfolio in one of the fastest growing cities in the country.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.