ANZ Hospitality LLC completed the acquisition of Sheraton (Bucks County, PA) from Ashford Hospitality Trust, Inc. for $13.8 million.
ANZ Hospitality LLC completed the acquisition of Sheraton (Bucks County, PA) from Ashford Hospitality Trust, Inc. (NYSE:AHT) for $13.8 million on November 9, 2024. The consideration was paid in cash. The sale resulted in a gain for Ashford Hospitality of approximately $3.9 million for the year ended November 9, 2023.