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Before acquiring The Ritz-Carlton, Georgetown for $49.9 million, [6] [7] Hersha sold seven of its Manhattan hotels in February 2016 to a joint venture with Chinese company Cindat Capital Management. [8] [6] In August 2023, private equity firm KSL Capital Partners announced an agreement to purchase Hersha for $10.00 per share, for a total of $1. ...
Hersha Hospitality Announces Fourth Quarter Results - Consolidated Hotel RevPAR Improved 12.8% - - Consolidated Average Daily Rate Increased 7.8% - - Same Store EBITDA Margins of 43.6% - - Same ...
Shares of Hersha Hospitality Trust (NYSE:HT) will begin trading ex-dividend in 3 days. To qualify for the dividend check of $0.28 per share, investors must have owned the shares priorRead More...
To get a sense of who is truly in control of Hersha Hospitality Trust ( NYSE:HT ), it is important to understand the...
Hersha Hospitality Trust (NYSE: HT) has entered into definitive agreements to sell two of its West Coast properties for gross proceeds of $125 million, or about $455,000 per key. The company ...
HT earnings call for the period ending June 30, 2019.
Hersha Hospitality Trust to Sell Portfolio of 16 Non-Core Hotels for $217 Million -Remaining Core Portfolio Substantially Higher Quality, Higher Long-Term Growth Trajectory- PHILADELPHIA-- ...
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