Chesapeake Acquires Seattle Homewood

SEATTLE, WA–Chesapeake Lodging Trust has agreed to acquire the 195-suite Homewood Suites by Hilton Seattle Convention Center Hotel for $53 million.

Homewood Suites, an upscale extended-stay brand, recently passed the 300-property milestone.

Chesapeake did not disclose the name of the seller of the Seattle property.