Hersha Hotels and Resorts, founded in 1984, owns and operates 23 luxury and lifestyle hotels across key urban gateway and regional resort markets in cities such as New York, Washington DC, and Boston. With a portfolio totaling 3,572 rooms, Hersha's properties are known for their high revenue per available room (RevPAR) and strong earnings before interest, taxes, depreciation, and amortization (EBITDA) growth.
The company's strategic focus on innovation-driven gateway markets and high barrier resort locations has garnered recognition, with properties like The Rittenhouse Hotel in Philadelphia and The Boxer Boston receiving accolades such as Condé Nast Traveler's Readers' Choice Awards. Hersha Hotels and Resorts' commitment to sustainability is evident through initiatives like the EarthView program, showcasing their dedication to environmental stewardship.
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