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Hampton Inn Financial District — Hersha disposition
$32,400,000 · $400,000/key
Hersha sold the 81-room Hampton Inn Financial District on March 14, 2018 for $32.4 million. Harbor PPK is $32.4 million ÷ 81. The same release names the completed sale, the 81 rooms, and that hotel price. Buyer unnamed — Harbor will not invent a desk from trade press. Filing names Financial District — Harbor will not invent a Seaport or Pearl Street lock. Not Hersha’s 2018 Hyatt House Gaithersburg $19.0 million / 140 tape. Holiday Inn Express Chester stays off until a filing names a calendar month, a hotel price, and keys together. Hersha’s 2021 four-hotel $178.5 million line and August 2022 six-pack $435.9 million stay combined. Not Host’s 2022 Sheraton Times Square $373 million convention box and not Sunstone’s 2015 Doubletree Guest Suites Times Square $540.0 million / 468 tape. Older than the 2025–26 blotter cut.
Hersha Hospitality Trust IR / GlobeNewswire, March 14, 2018 (sold; day from the release)