Hersha Hospitality to sell 16 hotels for $217M

09/24/2013 | Central Penn Business Journal (Harrisburg, Pa.)

Hersha Hospitality Trust plans to sell 16 non-core hotels to Blackstone Real Estate Advisors for $217 million. The sale will close in the first quarter of 2014, leaving Hersha with 48 properties and 7,755 rooms.

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Central Penn Business Journal (Harrisburg, Pa.)

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