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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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Boston Gains New Boutique Hotel with The Boxer

Boston Gains New Boutique Hotel with The Boxer

BOSTON, Mass.—The Boxer, a boutique hotel, is making its debut this week in the West End neighborhood of Boston. Following a multi-million dollar renovation, the 80-room hotel, formerly The Bullfinch Hotel, was acquired by Hersha Hospitality Trust in May of ...

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