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Courtyard Salt Lake City Downtown — Apple Hospitality acquisition
$48,110,000 · $274,914/key
Apple acquired the existing 175-room Courtyard Salt Lake City Downtown on October 11, 2023 for a $48.11 million gross purchase price. Harbor PPK is $48.11 million ÷ 175. Apple rounded the same math to about $275,000 per key. Use the table price, not the $48.1 million 8-K round. Seller unnamed. Adjacent to the Hyatt House. Not the South Jordan Embassy $36.75 million tape. The $9.14 million garage is not a hotel tape. Older than the 2025–26 blotter cut.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2023 (closed October 11)