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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 to Sell Portfolio of 16 Non-Core Hotels for $217 Million -Remaining Core Portfolio Substantially Higher Quality, Higher Long-Term Growth Trajectory- PHILADELPHIA ...
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 ...
Hersha Hospitality Trust to Report Third Quarter 2013 Earnings on November 6, 2013 PHILADELPHIA--(BUSINESS WIRE)-- Hersha Hospitality Trust (NYS: HT) ("Hersha", the "Company"), owner of upscale ...
Hersha Hospitality Sells Non-Core Joint Venture Asset - Sells Interest in Courtyard by Marriott in Warwick, Rhode Island - PHILADELPHIA--(BUSINESS WIRE)-- Hersha Hospitality Trust (NYS: HT ...
Hersha Hospitality Announces Third Quarter Results - Consolidated Hotel Occupancy of 81% - - Consolidated Hotel RevPAR Improved 2.1% - - Consolidated Average Daily Rate Increased 2.3% ...
General information; Location: West Rittenhouse Square: Address: 210 Rittenhouse Square Philadelphia, Pennsylvania 19103: Coordinates: Owner: Hersha Hospitality Trust ...
The Apeejay Surrendra Group, an Indian business conglomerate, was established in 1910 in Jalandhar by Lala Pyare Lal. Later, in 1951, the headquarters were relocated to Kolkata.