Hersha plan for acquisitions in 2004

01/22/2004 | HotelBusiness.com

Hersha Hospitality Trust says its has ambitious plans for acquisitions this year that could as much as double its portfolio size. The Pennsylvania REIT owns 22 hotels and says its successful follow-on stock offering in October and joint-venture partnership with CNL Hospitality have put the company in a plum position to expand.

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