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    The company expects to spend approximately $7 million to $9 million in capital improvements over the next two years. This off-market transaction will bring Summit’s year-to-date acquisition activity to nearly $600 million.

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    Most major hotel markets in Florida saw dramatic performance declines in the days leading up to Hurricane Irma, according to STR's preliminary analysis. Hurricane Harvey's impact on Houston's hotel markets is a little less clear.

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    13 December 2017 14:49
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