Hersha Hospitality Trust Announces Full Year and Fourth Quarter 2022 Results
February 15, 2023 16:10 ET
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Hersha Hospitality Trust
- Fourth Quarter 2022 Net Income of $0.62 Per Share - - Fourth Quarter 2022 Adjusted Funds from Operations1 of $0.34 Per Share - - Comparable Portfolio Growth to the Fourth Quarter 2019 - - ADR...
Hersha Hospitality Trust Announces Dividend Classification for 2022
January 25, 2023 16:15 ET
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Hersha Hospitality Trust
PHILADELPHIA, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT); (“Hersha” or “the Company”), owner of high quality upscale hotels in urban gateway markets and coastal...
Hersha Hospitality Trust to Report Fourth Quarter 2022 Earnings on February 15, 2023
January 05, 2023 16:15 ET
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Hersha Hospitality Trust
PHILADELPHIA, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today...
Hersha Hospitality Trust Announces Special Dividend and Continuation of Quarterly Cash Dividend
December 15, 2022 16:15 ET
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Hersha Hospitality Trust
PHILADELPHIA, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today...
Hersha Hospitality Trust Announces Third Quarter 2022 Results
October 26, 2022 16:15 ET
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Hersha Hospitality Trust
- Third Quarter 2022 Net Income of $2.82 Per Share - - Third Quarter 2022 Adjusted Funds from Operations1 of $0.33 Per Share - - Comparable ADR Growth of 16% vs. Third Quarter 2019 - - Comparable...
Hersha Hospitality Trust Closes the Sale of Hotel Milo Santa Barbara and Pan Pacific Seattle
October 25, 2022 16:15 ET
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Hersha Hospitality Trust
– Price implies a blended 2.9% cap rate and 27.0x EBITDA multiple on 2019 results and a ~ $455K per key valuation– – Coupled with the USS-7 sale and pending dispositions, the sale of Hotel Milo and...
Hersha Hospitality Trust Announces Planned Leadership Transition
September 22, 2022 06:45 ET
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Hersha Hospitality Trust
– Founder and Chairman Hasu P. Shah to Retire –– CEO Jay H. Shah to become Executive Chairman –– COO Neil H. Shah to become President and Chief Executive Officer – PHILADELPHIA, Sept. 22, 2022 ...
Hersha Hospitality Trust Announces Reinstatement of Quarterly Cash Dividend
September 19, 2022 06:30 ET
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Hersha Hospitality Trust
PHILADELPHIA, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today...
Hersha Hospitality Trust to Sell Hotel Milo Santa Barbara and Pan Pacific Seattle for $125 Million
September 12, 2022 06:25 ET
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Hersha Hospitality Trust
– Net Proceeds are expected to be used for general corporate purposes including, but not limited to, additional debt repayment and dividend payments – – Price implies a blended 2.9% cap rate and...
Hersha Hospitality Trust to Report Third Quarter 2022 Earnings on October 26, 2022
September 06, 2022 16:15 ET
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Hersha Hospitality Trust
PHILADELPHIA, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today...