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Harborby Signalry

Two tapes · no invented prices · Hampton Inn Washington, D.C.

Next to each other. Not blended.

Pick two cited events. Harbor will not allocate a combined PSA into hotel prices. A gap is a question. Not an appraisal.

Sep 1, 2010

Hampton Inn Washington, D.C. — Hersha acquisition

Hampton Inn Washington, D.C. · Washington, D.C. · 228 keys · Upper midscale

$73.1M

$320,597 / key

Hersha Q3 2010 10-Q: $73.096 million for the 228-room Hampton Inn in Washington, DC. Washington Hampton Inn — not a Capitol Hill Suites PPK and not a Financial District Hampton PPK.

Public filingHistorical cited · 2010Issuer filing228 keys

Hersha Hospitality Trust Form 10-Q, November 5, 2010 (September 1, 2010 close)

Historical cited · 2010 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameWorksheetMarketSwap sides

Jul 30, 2026

Hyatt Regency San Francisco — Sunstone disposition

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.

Open the tapeDeal FrameWorksheetMarketSwap sides

Different houses. Do not average PPK across markets or structures.

Estimate ↔ tape

The worksheet next to the filing

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.

Tape
$73.1M

$320,597 / key · 228 keys

Worksheet
$50.6M

$221,920 / key · Harbor defaults

Gap
-31%

Washington, D.C. · worksheet vs tape PPK

Hersha Q3 2010 10-Q: $73.096 million for the 228-room Hampton Inn in Washington, DC. Washington Hampton Inn — not a Capitol Hill Suites PPK and not a Financial District Hampton PPK.

Public filingHistorical cited · 2010Issuer filing228 keys

Hersha Hospitality Trust Form 10-Q, November 5, 2010 (September 1, 2010 close)

Historical cited · 2010 corpus. Public filing or issuer IR. Combined PSAs stay combined. Harbor will not invent a price.

Open the tapeDeal FrameShock the worksheetCompare tapes

Estimate ↔ tape

The worksheet next to the filing

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.

Tape
$279.0M

$339,829 / key · 821 keys

Worksheet
$368.1M

$448,361 / key · Harbor defaults

Gap
+32%

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.

Open the tapeDeal FrameShock the worksheetCompare tapes