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Apple Hospitality REIT (APLE) just unveiled an announcement.
In a strategic move to enhance its portfolio, a company has announced the successful acquisition of Embassy Suites by Hilton located in Madison, Wisconsin, and has also divested the SpringHill Suites by Marriott in Greensboro, North Carolina. This news, delivered via a press release, signifies a significant shift in the company’s property holdings and could potentially impact its financial standing and attractiveness to investors.
For detailed information about APLE stock, go to TipRanks’ Stock Analysis page.
