Memphis · Upper upscale
The Peabody Memphis
464 keys · Memphis
Belz family landmark. Ducks included. Not a recent public trade. Not Apple’s 2021 Hilton Garden Inn Memphis $38.0 million rooms-focused buy.
Southeast · tertiary
Memphis
Historic downtown keys and a medical/leisure mix. Peabody-class houses are not select-service comps. Apple’s 2021 Hilton Garden Inn Memphis $38.0 million tape is a 150-key rooms-focused buy — not The Peabody. Apple’s 2018 Hampton Inn & Suites Memphis $39.0 million / 144 tape is a named Hampton — not that Garden Inn. Apple’s 2021 Homewood Suites Memphis $9.0 million / 140 tape is a named Homewood sale — not those Apple buys and not Park’s 2022 Hampton Inn & Suites Memphis – Shady Grove $11.5 million / 131 tape. Park’s Shady Grove Hampton is a later named Hampton sale — not those Apple buys.
- Hotels
- 5
- Graph events
- 5
- Cited prices
- 4
- Desks
- 0
Hotels
Each house opens a labeled estimate. Defaults are assumptions — not an appraisal.
Memphis · Upscale
Hilton Garden Inn Memphis
150 keys · Memphis · Hilton Garden Inn
Memphis Garden Inn. Apple bought the existing 150-key house on October 28, 2021 for approximately $38.0 million (Q3 2021 10-Q subsequent event). Seller unnamed. Not The Peabody. Use the subsequent-event price, not transaction costs.
Memphis · Upper midscale
Hampton Inn & Suites Memphis
144 keys · Memphis · Hampton by Hilton
Memphis Hampton. Apple bought the existing 144-key house on February 5, 2018 for $39.0 million (2019 10-K table). Seller unnamed. Not the Garden Inn $38.0 million tape and not The Peabody. The $152.2 million 2018 line is the sum of five named 10-K prices.
Memphis · Upper midscale
Hampton Inn & Suites Memphis – Shady Grove
131 keys · Memphis · Hampton by Hilton
Memphis Hampton at Shady Grove. Park sold the 131-key house in April 2022 for $11.5 million gross (Q1 2022 Exhibit 99.1). Buyer unnamed. Harbor uses the first of April rather than inventing a closing day. Use that gross hotel price, not Park’s $88,000/key rounding. Not Apple’s 2018 Hampton Inn & Suites Memphis $39.0 million / 144 tape, not Apple’s 2021 Hilton Garden Inn Memphis $38.0 million / 150 tape, and not The Peabody. Hilton Chicago/Oak Brook Suites and Homewood Suites Seattle Convention Center Pike Street stay off until a filing names a hotel price and keys together.
Memphis · Upscale
Homewood Suites Memphis
140 keys · Memphis · Homewood Suites
Memphis Homewood. Apple sold the 140-key house on March 16, 2021 for an approximately $9.0 million gross sales price (Q2 2021 10-Q). Buyer unnamed. Filing names Memphis — Harbor will not invent a Germantown lock. Not Apple’s 2018 Hampton Inn & Suites Memphis $39.0 million / 144 buy and not Park’s 2022 Hampton Inn & Suites Memphis – Shady Grove $11.5 million / 131 tape.
Desks covering this market
Public coverage lists, not a claimed book. Open a desk for the graph timeline.
No public desk publishes coverage here. Harbor will not invent a book.
Public tape · 2 events
Transactions
Cited prices stay cited. Unknown stays unknown. Linked houses open the estimate worksheet.
Hilton Garden Inn Memphis — Apple Hospitality acquisition
Hilton Garden Inn Memphis · 150 keys · Upscale
Consideration
$38.0M
$253k / key
Apple Q3 2021 10-Q subsequent event: approximately $38.0 million gross purchase price for the existing 150-room Hilton Garden Inn Memphis. Rooms-focused — not The Peabody.
Apple acquired the existing 150-room Hilton Garden Inn in Memphis on October 28, 2021 for a gross purchase price of approximately $38.0 million. Harbor PPK is $38.0 million ÷ 150. Use that subsequent-event price, not transaction costs. Seller unnamed. Not The Peabody. Older than the 2025–26 blotter cut.
Homewood Suites Memphis — Apple disposition
Homewood Suites Memphis · 140 keys · Upscale
Consideration
$9.0M
$64k / key
Apple Q2 2021 10-Q: approximately $9.0 million gross for the 140-room Homewood Suites Memphis. Memphis Homewood — not a Peabody palace PPK and not the Shady Grove Hampton sale.
Apple Hospitality REIT Q2 2021 10-Q (March 16, 2021 close; price from the same paper)
Apple sold the 140-room Homewood Suites Memphis on March 16, 2021 for a gross sales price of approximately $9.0 million. Harbor PPK is $9.0 million ÷ 140. The same 10-Q names the 140 rooms and that hotel price, and dates the close to March 16. Buyer unnamed. Filing names Memphis — Harbor will not invent a Germantown lock. Use the $9.0 million hotel price, not the $4.4 million 2020 impairment. The Q1 2021 Charlotte plus Memphis $18.3 million line stays combined. Apple’s 2018 Springdale Residence Inn stays off. The Columbus TownePlace plus SpringHill $10 million line stays combined. The 23-hotel $234.6 million 2021 sales line stays combined. Not Apple’s 2018 Hampton Inn & Suites Memphis $39.0 million / 144 buy and not Park’s 2022 Hampton Inn & Suites Memphis – Shady Grove $11.5 million / 131 tape. Older than the 2025–26 blotter cut.