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- Eliminates Near-Term Debt Maturities - - Fully Undrawn Revolving Credit Line - - Utilizes Existing Swap to Hedge the Facility - - Closes First Tranche of Urban Select Service Disposition - - Full...
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- Second Quarter 2022 Net Income of $0.05 Per Share - - Second Quarter 2022 Adjusted Funds from Operations1 of $0.56 Per Share - - ADR Growth of 12.2% vs. Second Quarter 2019 - - Comparable...
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PHILADELPHIA, June 20, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort...
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PHILADELPHIA, May 27, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort...
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– Accelerates Transformation with Focus on Resort, Luxury & Lifestyle and Destination-Orientated Portfolio –– Transaction Expected to Reduce Net Debt by $460-$480 million – PHILADELPHIA, April ...
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- First Quarter 2022 Net Loss of $0.58 Per Share - - First Quarter 2022 Adjusted Funds from Operations1 of $0.06 Per Share – - Demand improved sequentially during the quarter with a rapid...
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PHILADELPHIA, March 21, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort...
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PHILADELPHIA, March 10, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort...
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- Fourth Quarter 2021 Net Loss of $0.48 Per Share - - Fourth Quarter 2021 Adjusted Funds from Operations1 of $0.20 Per Share - - Property Level Cash Flow1 up 16% Compared to Third...
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PHILADELPHIA, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT); (“Hersha” or “the Company”), owner of high quality upscale hotels in urban gateway markets and coastal...