Harbor by Signalry · Buy / sell deskTape 264 of 282Cited price

Public tape · 264 of 282 · 2010

Holiday Inn Express New Columbia — Hersha disposition

Hersha sold the 81-room Holiday Inn Express in New Columbia, PA in July 2010 for $3.0 million. Harbor uses the first of July rather than inventing a closing day. Harbor PPK is $3.0 million ÷ 81. The same subsequent-event paragraph names July, the 81 rooms, and that hotel price. Use the $3.0 million hotel price, not the 10-K $3,000 thousands figure. Hersha’s 7.7% capitalization rate and 11 times trailing twelve month Hotel EBITDA lines are Hersha’s narrative, not a second hotel price. Buyer unnamed. Filing names New Columbia, PA — Harbor will not invent a Philadelphia or Harrisburg lock. The same paper’s April 13, 2010 Courtyard South Boston line is a mortgage-note purchase of a 50% joint venture, not a hotel deed tape. The same paper’s Holiday Inn Wall Street May 2010 mention names neither a hotel price nor keys. Hotel Oceana stays off until a filing names keys with a hotel price. TownePlace Suites Sunnyvale stays off until one paper names a calendar month, a hotel price, and keys together. Parrot Key stays off until one paper names month, a hotel price, and keys together. Holiday Inn Express Chester stays off until a filing names a calendar month, a hotel price, and keys together. Hyatt Place King of Prussia stays off until one paper names month, a hotel price, and keys together. Hersha’s February 2010 Times Square Hampton, Candlewood, and Holiday Inn Express line stays combined. Holiday Inn Express 29th Street stays off as a remaining-interest buyout. The May 5, 2011 paper’s 32 Pearl Street $28.3 million line names a hotel price without keys. Hersha’s 2021 four-hotel $178.5 million line and August 2022 six-pack $435.9 million stay combined. Not Hersha’s 2011 Comfort Inn West Hanover $5.25 million / 81 tape, not Hersha’s 2011 Holiday Inn Express Water Street $36.7 million / 112 tape, and not Hersha’s 2017 Westin Philadelphia $135 million / 294 tape. Older than the 2025–26 blotter cut.

$3.0M

Cited consideration · 81 keys · $37k / key

Hersha Exhibit 99.1: $3.0 million for the 81-room Holiday Inn Express in New Columbia, Pennsylvania. New Columbia Holiday Inn Express — not a Philadelphia Westin PPK and not a Water Street Holiday Inn Express PPK.

Deal FrameLiving packetLabeled estimateCompare this tape2010 cited corpus2010 cited filings

Corpus

Historical cited · 2010

Keys at tape

81

Segment

Upper midscale

Market

Central Pennsylvania

Hotel

Holiday Inn Express New Columbia

Buyer

—

Seller

Hersha Hospitality Trust