The SpringHill Suites by Marriott Las Vegas Convention Center, located just off the Strip, has sold for $75 million, according to Clark County property records.

Richmond-Virginia-based Apple Hospitality REIT, bought the 299-room hotel, which sits on 1.6 acres. The hotel originally opened in 2009 and is adjacent to the Las Vegas Convention Center.

Nelson Knight, president of real estate and investments for Apple Hospitality, said the 2024 Super Bowl Feb. 11 was one of many driving factors for the purchase of the hotel.

“Las Vegas, well known as a premier gaming and entertainment destination, has dynamically expanded in recent years with the arrival of major league sports teams, the Sphere and Formula 1 racing, to capture an even larger segment of leisure travel demand,” he said in a statement.