9/27/2010

Chatham Lodging Trust's acquisition of a $61 million property portfolio includes a 133-suite Residence Inn by Marriott in White Plains, N.Y. "This is our second metro New York hotel and we expect to close on a third property in New Rochelle in the near future, which will give us good economies of scale in the market," CEO Jeffrey Fisher said.

Full Story:
BusinessWeek.com

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