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LIXI Hospitality Group Expands US Portfolio with Acquisition of SpringHill Suites and Residence Inn Pittsburgh North Shore

Garrison, Aimbridge JV Divests Leasehold in Two Hotels for $96M
By Justin Sumner
CoStar News
June 15, 2016 | 5:07 P.M.

New York-based Garrison Investment Group and its operating partner Aimbridge Hospitality have sold two adjacent hotels totaling 378 rooms in Pittsburgh, PA to Canadian-based hospitality investor Lixi Group for $96 million, or about $254,000 per door.

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