(WBAP/KLIF) — A well-known North Texas hotel company is unloading nearly a billion dollars in properties. Two Texas companies are involved in the mega-hotel sale, namely, Summit Hotel Properties is purchasing 27 hotels nation-wide from Grapevine-based NewcrestImage for $822-million. Summit is buying the hotels in partnership with Singapore-based Investor GIC. The sale includes three new…… MORE
