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Two tapes · no invented prices · Courtyard by Marriott Amarillo

Next to each other. Not blended.

Pick two cited events. Harbor will not allocate a combined PSA into hotel prices. A gap is a question. Not an appraisal.

Oct 1, 2025

Courtyard Amarillo — Summit / GIC disposition

Courtyard by Marriott Amarillo · Amarillo, Texas · 107 keys · Upscale

$20.0M

$186,916 / key

Summit 10-K: $20.0 million for the 107-guestroom Courtyard Amarillo. October 2025; day-of-month not named. Panhandle select-service — not a Dallas Uptown PPK.

Public filingMorning blotter · 2025–26Issuer filing107 keys

Summit Hotel Properties Form 10-K for the year ended Dec 31, 2025 (October 2025 close; day unnamed)

Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameWorksheetMarketSwap sides

May 21, 2024

SpringHill Suites Greensboro — Apple disposition

SpringHill Suites by Marriott Greensboro · Greensboro · 82 keys · Upscale

$7.1M

$86,585 / key

Apple Exhibit 99.1: approximately $7.1 million for the 82-room SpringHill Suites Greensboro. Piedmont Triad select-service — not a Charlotte PPK.

Apple Hospitality REIT Exhibit 99.1, February 24, 2025 (close day from Apple’s later sold table)

Historical cited · 2024 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameWorksheetMarketSwap sides

Different houses. Do not average PPK across markets or structures.

Estimate ↔ tape

The worksheet next to the filing

Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.

Tape
$20.0M

$186,916 / key · 107 keys

Worksheet
$15.1M

$141,373 / key · Harbor defaults

Gap
-24%

Amarillo, Texas · worksheet vs tape PPK

Summit 10-K: $20.0 million for the 107-guestroom Courtyard Amarillo. October 2025; day-of-month not named. Panhandle select-service — not a Dallas Uptown PPK.

Public filingMorning blotter · 2025–26Issuer filing107 keys

Summit Hotel Properties Form 10-K for the year ended Dec 31, 2025 (October 2025 close; day unnamed)

Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameShock the worksheetCompare tapes

Estimate ↔ tape

The worksheet next to the filing

Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.

Tape
$7.1M

$86,585 / key · 82 keys

Worksheet
$11.6M

$141,627 / key · Harbor defaults

Gap
+64%

Greensboro · worksheet vs tape PPK

Apple Exhibit 99.1: approximately $7.1 million for the 82-room SpringHill Suites Greensboro. Piedmont Triad select-service — not a Charlotte PPK.

Apple Hospitality REIT Exhibit 99.1, February 24, 2025 (close day from Apple’s later sold table)

Historical cited · 2024 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameShock the worksheetCompare tapes