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Mogul Files Lawsuit to Prevent $22M Harrisburg Hilton Sale

The (Central PA) Patriot-News
Mogul Files Lawsuit to Prevent $22M Harrisburg Hilton Sale
A midstate hotel mogul has gone to federal court to claim that the recent $22.2 million sale of the Harrisburg Hilton was rigged.

Hasu Shah, founder of the Hersha Hospitality Trust empire, claims in his suit that the Colorado-based firm which bought the Hilton in June got a rock-bottom price because of an insider deal that blocked other potential bidders from having a shot at buying the center city property.

He contends that the sale was orchestrated in part by an official of a Harristown Enterprises Inc. subsidiary, the hotelís former owner, who has become a principal with new owner Greenwood Hospitality Group. Click here for the full story.


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