Chesapeake Lodging (CHSP) announces that it purchased the Hyatt Place New York Midtown South in...

|About: Chesapeake Lodging Trust (CHSP)|By:, SA News Editor

Chesapeake Lodging (CHSP) announces that it purchased the Hyatt Place New York Midtown South in NYC for $76.5M. The purchase price works out to $414K per hotel key.