Hersha Hotels and Resorts
Philadelphia, PA 11–50 employees 15 principals
Last updated
About Hersha Hotels and Resorts
Hersha Hotels and Resorts is a real estate operator headquartered in Philadelphia, PA. Hersha Hotels and Resorts operates in Boston, Massachusetts, Miami - Ft. Lauderdale - West Palm Beach - South Florida and New York City, New York. Its investment focus is on Hospitality and Resorts.
Hersha Hotels & Resorts is a Philadelphia, Pennsylvania-based private real estate investment and hospitality management firm founded in 1984 by Hasu P. Shah. Operating for 42 years, the company specializes in owning, developing, and operating luxury and lifestyle hotel properties situated in urban gateway markets and regional resort destinations. The enterprise focuses on acquiring high-quality hospitality assets across high-barrier-to-entry coast-to-coast submarkets, including New York City, Washington, D.C., Boston, Philadelphia, South Florida, Savannah, and California. In late 2023, the firm was acquired by private equity real estate firm KSL Capital Partners in a $1.4 billion transaction. The company's asset portfolio encompasses 18 to 23 luxury and lifestyle hotel properties totaling over 3,300 guest rooms. Notable assets within its regional footprint include The Ritz-Carlton Georgetown and the St. Gregory Hotel in Washington, D.C. Its operational model organizes properties into localized clusters to maximize revenue per available room and drive operating efficiency.
Principals at Hersha Hotels and Resorts
Principal details are a Pro feature
15 principals on file
Names, titles, verified emails, phone numbers, and LinkedIn for every decision-maker at this firm — unlocked with a Pro membership.
Recent activity at Hersha Hotels and Resorts
No recent signals captured for Hersha Hotels and Resorts yet. Set up a Signals alert to be notified when fund closes, leadership changes, or new developments surface in the trade press.
Hersha Hotels and Resorts's project portfolio
3 projects on file · Hospitality (3)
Sign up to see Hersha Hotels and Resorts's 3 projects on a map
Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.
Markets and themes
Markets Hersha Hotels and Resorts operates in
- Boston, Massachusetts
- Miami - Ft. Lauderdale - West Palm Beach - South Florida
- New York City, New York
- Philadelphia-Camden-Wilmington, Pennsylvania-Delaware
- Washington DC
Investment themes at Hersha Hotels and Resorts
Capabilities
- Asset Management
- Economic Development
- Luxury
- Private Equity
- Sustainability
Operators similar to Hersha Hotels and Resorts
- The Sports Facilities CompaniesEstablished tierNew York City, New YorkPhiladelphia-Camden-Wilmington, Pennsylvania-Delaware+3 more marketsHospitality
- Asana PartnersEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaBoston, Massachusetts+3 more marketsHospitality
- ABS PartnersEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaNew York City, New York+2 more marketsHospitality
- Dart InterestsEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaNew York City, New York+1 more marketHospitalityResorts
- Anchor Health PropertiesEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaBoston, Massachusetts+3 more markets
- AWH Partners, LLC Established tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaBoston, Massachusetts+2 more marketsHospitality
- WitkoffEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaBoston, Massachusetts+2 more marketsHospitality
- Johnson Development AssociatesEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaNew York City, New York+2 more markets
- WMG DevelopmentEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaNew York City, New York+2 more markets
- Rubenstein PartnersEstablished tierBoston, MassachusettsNew York City, New York+2 more markets
Frequently asked questions about Hersha Hotels and Resorts
- What does Hersha Hotels and Resorts do?
- Hersha Hotels & Resorts is a Philadelphia, Pennsylvania-based private real estate investment and hospitality management firm founded in 1984 by Hasu P.
- Where is Hersha Hotels and Resorts based?
- Hersha Hotels and Resorts is headquartered in Philadelphia, PA.
- What markets does Hersha Hotels and Resorts operate in?
- Hersha Hotels and Resorts is active in Boston, Massachusetts, Miami - Ft. Lauderdale - West Palm Beach - South Florida, New York City, New York, Philadelphia-Camden-Wilmington, Pennsylvania-Delaware, and Washington DC.
- How many employees does Hersha Hotels and Resorts have?
- Hersha Hotels and Resorts has 11–50 employees.