Hotels only · No pay-to-rank · Advice first; verified when attested
Two tapes · no invented prices · Hampton Inn Farmingville
Pick two cited events. Harbor will not allocate a combined PSA into hotel prices. A gap is a question. Not an appraisal.
Sep 6, 2006
Hampton Inn Farmingville · Long Island · 161 keys · Upper midscale
$21.5M
$133,540 / key
Hersha 8-K: $21.5 million for the 161-room Hampton Inn in Farmingville. Farmingville Hampton — not a Financial District Hampton PPK.
Hersha Hospitality Trust Form 8-K, September 12, 2006 (September 6, 2006 close)
Historical cited · 2006 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Jul 30, 2026
Hyatt Regency San Francisco · San Francisco · 821 keys · Upper upscale
$279.0M
$339,829 / key
Sunstone Exhibit 99.1: $279 million gross for the 821-room Hyatt Regency San Francisco. Embarcadero convention atrium — not a Nob Hill palace PPK and not the $80 million Wharf Centric.
Sunstone Hotel Investors Exhibit 99.1, August 6, 2026 (closed July 30)
Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Different houses. Do not average PPK across markets or structures.
Estimate ↔ tape
Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.
$133,540 / key · 161 keys
$128,138 / key · Harbor defaults
Long Island · worksheet vs tape PPK
Hersha 8-K: $21.5 million for the 161-room Hampton Inn in Farmingville. Farmingville Hampton — not a Financial District Hampton PPK.
Hersha Hospitality Trust Form 8-K, September 12, 2006 (September 6, 2006 close)
Historical cited · 2006 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.
Estimate ↔ tape
Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.
$339,829 / key · 821 keys
$448,361 / key · Harbor defaults
San Francisco · worksheet vs tape PPK
Sunstone Exhibit 99.1: $279 million gross for the 821-room Hyatt Regency San Francisco. Embarcadero convention atrium — not a Nob Hill palace PPK and not the $80 million Wharf Centric.
Sunstone Hotel Investors Exhibit 99.1, August 6, 2026 (closed July 30)
Morning blotter · public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.