Apple Hospitality REIT Snaps Up DFW Marriott

This acquisition brings the trust's portfolio to 236 hotels, with more than 30,000 guestrooms across 33 states.

Dallas—Apple Hospitality REIT Inc. announced it has closed the acquisition of Courtyard Fort Worth Historic Stockyards, located at 2537 N. Main St. in Fort Worth, Texas, for $18 million. The transaction brings the REIT’s portfolio to 236 hotels, with more than 30,000 guestrooms across 33 states.

Courtyard Fort Worth Historic Stockyards
Courtyard Fort Worth Historic Stockyards

The 124-key property offers 1,296 square feet of meeting space, complimentary Wi-Fi, a fitness center, an outdoor pool, a business center, an onsite restaurant and a Starbucks.

The property is situated in the heart of the Fort Worth Stockyards National Historic District, with access to the downtown business district, Fort Worth Convention Center, Will Rogers Memorial Center and a variety of museums, restaurants, entertainment venues and other nearby amenities.

“The new Courtyard, ideally located in the historic Stockyards area of Fort Worth, is sure to benefit from a wide variety of corporate, government and leisure demand generators,” said Nelson Knight, executive vice president & chief investment officer for Apple Hospitality, in prepared remarks. “We are pleased to add this exceptional, custom-designed property to our portfolio and further expand our presence in the dynamic Fort Worth market.”

Image courtesy of Courtyard Fort Worth Historic Stockyards