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PHILADELPHIA, Sept. 30, 2020 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality upscale and lifestyle hotels in urban gateway markets and...
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- Hotel and Corporate Cash Burn Rates Better than Forecasted -- Monthly Occupancy Levels Improve During Quarter -- Open NYC Hotels Generate 61% Occupancy in the Second Quarter -- 33 of the Company’s...
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PHILADELPHIA, July 08, 2020 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality upscale and lifestyle hotels in urban gateway markets and...
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- Implements Aggressive Cost Containment Strategies -- Amends Bank Credit Facility to Access Additional $100 Million -- Obtains Full Financial Covenant Waiver through March 31, 2021 - ...
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PHILADELPHIA, April 28, 2020 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality upscale and lifestyle hotels in urban gateway markets and...
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- Amends Bank Credit Facility to Access $100 Million -- Obtains Full Covenant Waiver through March 31, 2021 - PHILADELPHIA, April 06, 2020 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT)...
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PHILADELPHIA, March 19, 2020 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality upscale and lifestyle hotels in urban gateway markets and...
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PHILADELPHIA, March 05, 2020 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality upscale, luxury and lifestyle hotels in urban gateway markets...
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• South Florida Portfolio Fourth Quarter RevPAR Growth of 17.7%• Disposition of Mature Hotels for Total Asset Value of $144 Millionº Sale of Miami & NYC Hotels at Attractive EBITDA...
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- Sale of Miami & NYC Hotels at Attractive EBITDA Multiple -- Sale of South Boston Joint Venture Interest - - Proceeds to be Utilized to Reduce Leverage - PHILADELPHIA, Feb. 24, 2020 (GLOBE...