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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, ...
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. ...
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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 (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 ...