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Stock impact report

Target Hospitality Acquires Permian Basin Communities from Superior Lodging

Target Hospitality Corp. (TH) 
Last target hospitality corp. earnings: 3/11 04:15 pm Check Earnings Report
Company Research Source: Business Wire
Adds 575 rooms across 3 strategic locations; expands Permian Basin proprietary lodging network to 15 sites with over 7,850 average available rooms Transaction closed today; expected to be accretive within the first year Full turnkey lodging and value-added hospitality services offered starting immediately THE WOODLANDS, Texas--(BUSINESS WIRE)-- Target Hospitality Corp. (“Target Hospitality” or the “Company”) (NASDAQ: TH), the largest provider of vertically-integrated specialty rental accommodations with premium catering and value-added hospitality services in the U.S., today announced the acquisition of three communities in the Delaware Basin – a high-growth area within the Permian Basin – from Superior Lodging. This transaction advances the Company’s strategy of enhancing the breadth and depth of its lodging network, adding 575 rooms across the Perm Show less Read more
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