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Top Hospitality NewsCopyright (c) 2004 Yahoo! Inc. All rights reserved.
Hospitality Properties Trust Declares Preferred Dividend
Newton-based Hospitality Properties Trust's board of trustees has declared the regular quarterly dividend on the company's Series B cumulative redeemable preferred shares.
Hersha Hospitality Trust buys DC hotel for $73M
Hersha Hospitality Trust said Wednesday it has acquired a Hampton Inn hotel in Washington D.C. for $73 million. The 228-room property was built in 2005 and is the only Hampton Inn located in the District of Columbia, the company said.
Hersha Hospitality Acquires Hampton Inn Washington, DC
PHILADELPHIA----Hersha Hospitality Trust , owner of select service and upscale hotels in major metropolitan markets, announced that it has purchased the 228 room Hampton Inn, Washington, D.C. for approximately $73.0 million, or $320,000 per key excluding closing costs.


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