InTown Suites acquired by Starwood founder's company for $735 million
Skift Take
Extended stay hotel sector is holding up well as the economy recovers, and more such deals should be expected.
Starwood Capital, the real estate investment firm led by former Starwood Hotels CEO and founder Barry Sternlicht, is buying InTown Suites extended-stay hotel chain from a Kimco Realty Corp. (KIM) vent
