Inland American to Spin Off Hotels Into Public REIT “Inland American Real Estate Trust Inc., a non-traded real estate investment trust, plans to spin off its lodging subsidiary into a publicly traded company. The new REIT, to be called Xenia Hotels & Resorts Inc., will own 46 hotels in 19 states and the District of Columbia and a majority stake in two properties under development, Oak Brook, Illinois-based Inland American said in a statement today. The hotels include ...
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