NEWTON, Mass.--(BUSINESS WIRE)--Hospitality Properties Trust (NYSE: HPT) today announced that it has entered a letter of intent and an exclusive negotiating period for hotel investments with NH Hoteles, SA (BME: NHH) (NYSE: NHHEY (ADRs)) in Latin America, Europe and the USA totaling approximately US $375 million. The outline of terms which have been negotiated between HPT and NHH is as follows: HPT will purchase five hotels (804 keys) in Latin America from NHH for approximately US $70 million. T
Reported by Business Wire 5 days ago.
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