Headline: Hersha Hospitality Trust Acquired by KSL Capital Partners
Acquiror: KSL Capital Partners, LLC
Target: Hersha Hospitality Trust
Target Services: Luxury and lifestyle hotels
Valuation: $1.4 bn
Country: United States
Continent: North America
Target Industry: Hospitality
Rationale: This strategic merger aligns with Hersha’s focus on key gateway markets and lifestyle properties while providing immediate value to shareholders.
Summary: KSL Capital Partners, a leading investor in travel and leisure businesses, announces the acquisition of Hersha Hospitality Trust, a prominent owner of luxury hotels.