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Hersha Hospitality Trust Announces Date Of Special Meeting To Approve Acquisition By Ksl Capital Partners

PRIVATEOct 03, 2023

Acquiring Company

KSL Capital Partners

Acquired Company

Hersha Hospitality Trust

DenverLeisureTravelReal EstateHospitalityHotel

Description

Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, announced that it has set November 8, 2023 as the date for the special meeting of shareholders (the “Special Meeting”) to approve the previously announced acquisition by affiliates of KSL Capital Partners, LLC ("KSL"), a leading investor in travel and leisure businesses.

Quick answer

KSL Capital Partners is acquiring Hersha Hospitality Trust, announced October 3, 2023. KSL Capital Partners is based in Denver, Colorado, United States.

How much did KSL Capital Partners pay for Hersha Hospitality Trust?
The deal value was not disclosed.
What does KSL Capital Partners do?
KSL Capital Partners, LLC is a private equity firm specializing in travel and leisure enterprises in five primary sectors: hospitality, recreation, clubs, real estate and travel services.
Where are KSL Capital Partners and Hersha Hospitality Trust based?
KSL Capital Partners is based in Denver, Colorado, United States.
Who are the decision-makers at KSL Capital Partners?
Fundz holds 1 contact at KSL Capital Partners. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

KSL Capital Partners

Location

Denver, Colorado, United States

About

KSL Capital Partners, LLC is a private equity firm specializing in travel and leisure enterprises in five primary sectors: hospitality, recreation, clubs, real estate and travel services. KSL has offices in Denver, Colorado; Stamford, Connecticut; New York, New York; and London, England. KSL invests across three primary strategies through its equity, credit and tactical opportunities funds. KSL's current portfolio includes some of the premier properties in travel and leisure. For more information, please visit www.kslcapital.com.

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Frequently asked

Who acquired Hersha Hospitality Trust?

Hersha Hospitality Trust was acquired by KSL Capital Partners, based in Denver. The deal was reported on October 3, 2023. KSL Capital Partners, LLC is a private equity firm specializing in travel and leisure enterprises in five primary sectors: hospitality, recreation, clubs, real estate and travel services. KSL Capital Partners is privately held and operates in Leisure.

When did KSL Capital Partners acquire Hersha Hospitality Trust?

KSL Capital Partners's acquisition of Hersha Hospitality Trust was reported on October 3, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hersha Hospitality Trust do?

Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates luxury and lifestyle hotels in coastal gateway and resort markets. It is privately held, operating in Real Estate.

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