Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
With 2,855 total guestrooms, the 22-hotel portfolio is spread across 14 states in established and high-growth markets such as Texas, Florida, New Mexico and South Carolina.
The Federal Trade Commission had previously argued that the deal would raise prices by eliminating head-to-head competition, and also weaken union bargaining power.