Apple Hospitality REIT announced the opening and acquisition of the 262-room Embassy Suites by Hilton Madison Downtown for approximately $79.5 million, or $303,000 per key.
The newly built Embassy Suites Madison Downtown is located at 231 South Pinckney Street, Madison, Wis. The hotel is a short walk from Monona Terrace Community and Convention Center and the Wisconsin State Capitol, and is convenient to Lake Monona, Lake Mendota, the University of Wisconsin-Madison and a variety of restaurants, shops, art galleries, parks, museums and entertainment venues.