November 18, 2017 12:01 PM ET

Hotels, Restaurants and Leisure

Company Overview of HHM

Company Overview

HHM, a hotel management, investment, and development company, provides asset management services for full service hotels and independent hotels. It offers hotel management services in the areas of asset management, operations, sales and marketing, revenue management, national sales, accounting, and human resources. The company was founded in 1984 and is headquartered in Harrisburg, Pennsylvania with hotels locations in New York, New England, West Coast, Mid-Atlantic, Southeastern, South Central, Southwestern, and Midwest.

44 Hersha Drive

Harrisburg, PA 17102

United States

Founded in 1984

Phone:

717-412-5500

Fax:

717-770-0803

Key Executives for HHM

Chief Executive Officer, President and Director
Executive Vice President of Financial Services
Chief Operating Officer
Executive Vice President of Operations
Executive Vice President
Age: 59
Compensation as of Fiscal Year 2017.

HHM Key Developments

Hhm Appoints Josh Levine Senior Vice President of Restaurants and Bars

HHM recently announced the hire of Josh Levine as senior vice president of restaurants and bars, focusing on their expanding lifestyle and luxury Independent Collection’s food and beverage outlets and offerings; eventually overseeing all restaurants and bars under the HHM portfolio. Bringing Levine on in this newly-created position will allow HHM to elevate their food and beverage platform, supporting their hotels in creating unique and memorable guest experiences. Levine joins HHM from STARR Restaurants, where he was vice president of operations and was responsible for the performance of 34 restaurants and bars. Included in his portfolio were notable restaurants in many of the markets HHM currently serves, including New York, Philadelphia, Washington D.C. and Miami.

HHM Names Joseph Klam as Executive Vice President of Financial Services and a Member of the Hotel Management Company’s Executive Leadership Team

HHM has announced that Joseph Klam has been named executive vice president of financial services and a member of the hotel management company’s executive leadership team. Klam will bolster HHM’s finance and accounting platform during a period of rapid growth in the company’s management of full service, independent and resort properties. He will join, and lead, the current highly-capable team to further build out the company’s accounting, banking and finance capabilities. He joins HHM after his most recently held position as executive vice president of hotel finance for Interstate Hotels & Resorts Inc., which he took on in October of 2006.

Hhm Plans to Expand its Independent Collection of Boutique Hotels

HHM announced that it now owns and manages the Best Western Tria in Cambridge, Mass., further expanding its private-investment platform and management footprint in the dynamic Boston market. The company plans to extensively renovate the 121-room property, with upgrades to the guestrooms, public areas and exterior façade that represent the style and vibrancy of the Cambridge community. The Best Western Tria marks HHM’s eighth hotel in the Boston area, including the Boxer in the historic North End, the Courtyard Brookline, and the nearby Holiday Inn Express Cambridge. The newly acquired hotel was fully rebuilt in 2009 and now includes a Starbucks and an upgraded fitness center. The hotel is located in the Alewife neighborhood of West Cambridge and is close to Harvard University, MIT, Tufts, Boston University and Lesley University. West Cambridge has extremely high barriers to entry, and exhibits attractive residential, retail, and office characteristics with reputable tenants such as Forrester Research, headquartered a short distance from the hotel. The hotel is also in close proximity to Boston’s prominent red line, providing easy access to the city’s most trafficked locations such as Harvard Square, Boston Common, and South Station.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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