Hersha Hospitality Management LP

Hersha Hospitality Management LP is a distinguished hospitality management company established in 1999 by Hasu P. Shah, headquartered in Philadelphia, Pennsylvania. Specializing in managing a geo-focused portfolio of non-union hotels in key urban gateway markets including Miami, Hersha delivers comprehensive turn-key operations for hotel owners while emphasizing people, processes, and technology.

With over 10,000 employees and managing more than 240 hotels across the United States and Canada, Hersha Hospitality Management LP stands out as a leader in the hospitality management industry. The company reported an impressive annual revenue of $185,540,910 as of 2019, underscoring its consistent operational success and strategic growth in competitive markets.

Company Overview and History

Founded: 1999
Founder: Hasu P. Shah
Headquarters: Philadelphia, Pennsylvania, USA
Industry: Hospitality Management
Employees: Over 10,000
Annual Revenue: $185,540,910 (2019)

Hersha Hospitality Management LP Mission Statement

"To deliver exceptional hospitality management services through a focus on people, processes, and technology."

What Makes Hersha Hospitality Management LP Different

Hersha Hospitality Management LP is recognized for its unwavering commitment to operational excellence, portfolio stability, and innovative use of proprietary systems. These set HHM Hotels apart as a leader in hospitality management across urban gateway markets in North America.

Consistent Operational Outperformance

HHM Hotels consistently delivers superior operating results driven by experienced management teams and refined processes, ensuring sustained success across its portfolio.

Stable Managed Portfolio and Teams

The company maintains long-term management relationships, providing stability and consistent quality for hotel owners and guests alike, fostering trust and enhancing property performance.

Unrelenting Focus on People, Processes, and Technology

Hersha’s strategic investment in proprietary technology and process optimization supports real-time data-driven decision-making and operational efficiency across all managed hotels.

Hersha Hospitality Management LP Services Offered

Hersha Hospitality Management LP offers a comprehensive range of services designed to maximize hotel performance and value.

• Hotel Management
• Investment
• Brand Positioning
• Revenue Management
• Technology Services
• Sales and Marketing
• E-Commerce
• Finance and Accounting

Business Model and Operations of Hersha Hospitality Management LP

HHM Hotels operates through a geo-focused, non-union hotel portfolio model predominantly concentrated in key urban gateway markets such as Miami, Philadelphia, New York, and Boston. The firm offers full turn-key management solutions, streamlining operations and maximizing profitability on behalf of hotel owners.

Geo-Focused Non-Union Portfolio

This approach allows Hersha to specialize in mature markets with strong demand, benefiting owners through market-specific expertise and operational consistency.

Turn-Key Operational Management

HHM provides end-to-end hotel management covering all operational aspects, including technology integration, sales, marketing, and financial oversight, ensuring excellent guest experiences and financial performance.

Employment and Career Opportunities at Hersha Hospitality Management LP

Hersha Hospitality Management LP offers diverse career paths in hotel management, revenue and sales optimization, finance, marketing, and technology services.

Available Positions

• Hotel Management and Operations
• Sales and Marketing Professionals
• Revenue Management Specialists
• Finance and Accounting Roles
• Technology and E-Commerce Experts

Benefits and Compensation

Competitive compensation packages paired with career growth opportunities enable Hersha to attract and retain top talent in the hospitality industry.

Career Development Initiatives

Through ongoing training and professional development programs, employees at HHM Hotels can advance their careers while contributing to the company's overall success.

Financial Performance and Market Position

As a prominent third-party hotel management company, Hersha Hospitality Management LP operates over 240 hotels throughout the United States and Canada, solidifying its position as a key player in hospitality management.

Annual Revenue

HHM reported a notable annual revenue of $185,540,910 in 2019, highlighting the company’s strong market presence and operational efficiency.

Market Leadership

HHM Hotels commands a leading position by focusing on urban gateway markets and leveraging proprietary data and processes to sustain competitive advantages.

Corporate Social Responsibility at Hersha Hospitality Management LP

The company integrates sustainability and community engagement into its corporate social responsibility initiatives, reflecting its commitment to social and environmental stewardship.

Sustainability Efforts

HHM promotes sustainable practices within its managed hotels to reduce environmental impact, supporting long-term ecological health across its portfolio.

Community Engagement

Through local partnerships and involvement, Hersha Hospitality Management LP contributes positively to communities where it operates, including Miami and other key cities.

Hersha Hospitality Management LP Locations and Contact Information

Hersha Hospitality Management LP maintains offices and manages properties across several key metropolitan areas including Miami, Philadelphia, New York, Boston, Washington D.C., Key West, and California.

Corporate Headquarters Address

44 Hersha Drive, Harrisburg, PA 17102
Phone: (717) 236-4400
Email: [email protected]
Website: hhmhospitality.com

Office Locations

Philadelphia, Pennsylvania; New York, New York; Boston, Massachusetts; Washington, D.C.; Miami, Florida; Key West, Florida; California

Competitive Analysis of Hersha Hospitality Management LP

Hersha differentiates itself within the hospitality management landscape by concentrating on key urban gateway markets and leveraging proprietary technology, data insights, and streamlined processes. Its strong commitment to people and technology enables consistent operational success and stability in a competitive industry.

Future Outlook for Hersha Hospitality Management LP

Looking ahead, Hersha Hospitality Management LP aims to expand its portfolio further by pursuing strategic investments and partnerships that enhance operational excellence and market reach.

Growth Projections

The company plans continued portfolio growth focused on urban gateway cities like Miami, enhancing its service offerings through innovative technology adoption and operational refinement.

Investment in Technology

Hersha Hospitality Management LP invests significantly in developing proprietary data systems and business processes that maintain its competitive advantage and focus on delivering superior results across all managed hotels.