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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 Trust Announces $75 Million Share Repurchase Program PHILADELPHIA--(BUSINESS WIRE)-- Hersha Hospitality Trust (NYS: HT) , owner of upscale hotels in urban gateway markets, ...
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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Hersha Hospitality Trust Prices Public Offering of 6.875% Series C Preferred Shares PHILADELPHIA--(BUSINESS WIRE)-- Hersha Hospitality Trust (NYS: HT) today announced that it has priced a public ...
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Hersha Hospitality Trust Closes $400 Million Senior Unsecured Credit Facility - Expandable to $550 Million - - Reduces Cost of Debt and Enhances Financial Flexibility - PHILADELPHIA--(BUSINESS ...