public_filing
Hyatt House Gaithersburg — Hersha disposition
$19,000,000 · $135,714/key
Hersha sold the 140-room Hyatt House in Gaithersburg, MD on February 16, 2018 for $19.0 million. Harbor PPK is $19.0 million ÷ 140. Hersha rounded the same math to $136,000 per key. The same subsequent-events paragraph names the completed sale, the 140 rooms, and that hotel price. Buyer unnamed. Filing names Gaithersburg — Harbor will not invent a Rockville or Bethesda lock. Holiday Inn Express Chester stays off until a filing names a calendar month, a hotel price, and keys together. Hersha’s January 2017 Courtyard Alexandria plus Residence Inn Greenbelt $62.0 million line stays combined. Hersha’s 2021 four-hotel $178.5 million line and August 2022 six-pack $435.9 million stay combined. Not Park’s 2020 Embassy Suites Washington DC Georgetown $90.4 million / 197 tape and not Hersha’s 2018 Hampton Inn Financial District $32.4 million / 81 tape. Older than the 2025–26 blotter cut.
Hersha Hospitality Trust Exhibit 99.1, February 21, 2018 (February 16, 2018 close)