Waterford Hotel Group, Inc. acquired Minority Interest in Hartford Marriott and Hilton Hartford from Hersha Hospitality Trust (NYSE:HT) for $11.5 million.

Waterford Hotel Group, Inc. acquired Minority Interest in Hartford Marriott and Hilton Hartford from Hersha Hospitality Trust (NYSE:HT) for $11.5 million on January 3, 2017. Waterford Hotel Group will exchange its interest in Mystic Marriott Hotel and Spa. and will pay $8.5 million for consideration. Waterford Hotel Group, Inc. completed the acquisition of Minority Interest in Hartford Marriott and Hilton Hartford from Hersha Hospitality Trust (NYSE:HT) on January 3, 2017.