NexPoint Hospitality Trust announced the acquisitions of two assets, expanding NHT's footprint into two new markets. NHT acquired the Hyatt Place in Park City, Utah on February 15, 2022. Located minutes away from one of America's premier outdoor sports destinations, the Hyatt Place has 122 rooms, several dining options, an outdoor pool and hot tub, and secure sports equipment storage options.

Additionally, NHT acquired the Hampton Inn & Suites Bradenton Downtown Historic District in Bradenton, Florida on February 22, 2022. The property boasts 119 rooms, a fitness center, an outdoor pool, and 2,282 square feet of meeting space. The Hampton Inn & Suites is centrally located, with easy access to several beaches, a business district, and various entertainment venues.