Home » Lodging Hospitality Today's Top Reads » Cerberus, Chatham Win Innkeepers Hotels For $1.13 Billion

Cerberus, Chatham Win Innkeepers Hotels For $1.13 Billion

May 4, 2011 8:00 AM

From Businessweek
Cerberus, Chatham Win Innkeepers Hotels For $1.13 Billion
Cerberus Capital Management LP and Chatham Lodging Trust won a bankruptcy auction for 64 hotels owned by Innkeepers USA Trust with a bid of about $1.13 billion. Click here for the full story.

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