NexPoint Hospitality Trust Acquires Condor Hospitality Trust

NexPoint Hospitality Trust is a real estate investment trust focused on acquiring, owning, and operating well-located hospitality properties in the United States that offer a high current yield and in many cases, that are underperforming assets with the potential to increase in value through investments in capital improvements, a market-based recovery, brand repositioning, revenue enhancements, operational improvements, reducing expense inefficiencies, and exploiting excess land or underutilized space. NexPoint Hospitality Trust is based in Toronto, Ontario.