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Hersha Hospitality Trust to Sell Hotel 373 in Manhattan

Hersha Hospitality Trust to Sell Hotel 373 in Manhattan

PHILADELPHIA—Hersha Hospitality Trust, owner of upscale hotels in urban gateway markets, announced that the company has entered into a definitive agreement to sell the Hotel 373 located in midtown Manhattan. The 70-room hotel is being sold to an offshore investment ...

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Hersha Hospitality Trust to Purchase Two Miami Beach Hotels

Hersha Hospitality Trust to Purchase Two Miami Beach Hotels

PHILADELPHIA—Hersha Hospitality Trust, owner of upscale hotels in urban gateway markets, announced the company has entered into a definitive agreement to purchase two Autograph Collection hotels in Miami’s South Beach. The purchase price for the South Beach Autograph Portfolio, which ...

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Hersha Hospitality Trust Increases West Coast Presence

Hersha Hospitality Trust Increases West Coast Presence

PHILADELPHIA—Hersha Hospitality Trust, owner of upscale hotels in urban gateway markets, today announced the company has entered into a definitive agreement to purchase the 122-room Hotel Oceana in Santa Barbara, Calif., for $42 million. “The acquisition of Hotel Oceana exemplifies ...

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Hersha Hospitality Trust to Sell Portfolio of 16 Hotels

Hersha Hospitality Trust to Sell Portfolio of 16 Hotels

PHILADELPHIA—Hersha Hospitality Trust, owner of upscale hotels in urban gateway markets, announced the Company has entered into a definitive agreement to sell 16 hotels to an affiliate of Blackstone Real Estate Advisors for gross proceeds of $217 million, or approximately ...

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HHM Selected to Operate Larkspur Landing Brand

HHM Selected to Operate Larkspur Landing Brand

PHILADELPHIA—HHM has been chosen to manage the Larkspur Landing brand, best known for its upscale extended stay hotels. The 11 all-suite hotels are located in major Northern California and Pacific Northwest cities such as San Francisco, Seattle, Portland, Sacramento, and ...

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