San FranciscoAug 17, 2022Blackstone acquisition bets on business hotels in Sunnyvale Investment firm pays $99M for 145-key and 94-key properties
New YorkFeb 4, 2016Hersha sells seven Manhattan hotels to China Cinda for $571MChinese firm acquires 70 percent stake in limited service hotels totaling nearly 1,100 rooms
New YorkSep 1, 2020Cindat looks to sell stake in Manhattan hotel portfolio at discountChinese private equity firm paid $571M for stake in 7 hotels in 2016