June 30, 2012 · 0 Comments
An affiliate of Harristown Enterprises Inc. has sold the Hilton Harrisburg hotel to a Denver-based hotel investment group. Harrisburg Hotel Corp. sold the 341-room Hilton to Greenwood Hospitality Group LLC.
Although executives from both companies wouldn’t share a sale price, a realty transfer tax statement from the Dauphin County Recorder of Deeds office indicates that Greenwood paid $22.2 million for the property, which is close to its listed fair market value of $23.8 million.
Greenwood Principal Thomas W. Conran said the hotel will remain a Hilton and the company will retain the existing 400 employees during a 2:30 p.m. press conference held to announce the sale in City Hall.