Hersha Hospitality Trust Class A

Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates hotels in urban gateway markets. Its hotel properties are located in in New York, Boston, Philadelphia, Washington, the District of Columbia, Miami, and select markets on the West Coast. The company was founded by Hasu P. Shah in May 1998 and is headquartered in Harrisburg, PA.

Earnings data Q4 2019

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Earnings data Q2 2024

Hersha Hospitality Trust (HT) excels in Q4 2022 performance

HT's Q4 2022 showcased strong performance and strategic initiatives to maximize shareholder value. While facing challenges like margin pressures and staffing levels, the company aims to capitalize on opportunities through acquisitions and portfolio reinvestment.

Hersha Hospitality Trust reports strong Q1 performance and eyes growth opportunities

Hersha Hospitality Trust reported strong Q1 performance with RevPAR growth and successful renovations. The company faces challenges in certain markets but remains focused on long-term growth and operational efficiency. Opportunities lie in reducing debt exposure and improving operational results.

Hersha Hospitality Trust reports strong Q2 performance in urban markets

Hersha Hospitality Trust's Q2 performance in core urban markets was strong, with a positive outlook for continued growth. The company's strategic initiatives to reduce debt and enhance financial flexibility position it well for the future. Despite challenges like recovering international room revenue and higher borrowing costs, opportunities in attractive supply dynamics and minimal renovation impact are on the horizon.

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Hersha Hospitality Trust, a real estate investment trust, engages in the ownership and operation of mid scale limited service hotels in the Eastern United States. As of June 30, 2005, it owned interests in 35 hotels, including 4 hotels owned through joint ventures in Pennsylvania, New York, New Jersey, Maryland, Georgia, Connecticut, and Massachusetts. The company has elected to be taxed as a REIT under the Internal Revenue Code. As a REIT, Hersha would not be subject to income tax to the extent it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1998 and is headquartered in New Cumberland, Pennsylvania.

Since the beginning of the month, Hersha has sold off from $8.60/share to the current price of $6.15, despite hotel booking trends improving. Last year, Hersha sold off 9 of their 33 hotels, reducing net debt from $1.1 billion at year-end 2021 to just $405.2 million currently.

Hersha Hospitality: Big Selloff Creates Opportunity

PHILADELPHIA, March 20, 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 announced that the Company will release its financial results for the first quarter 2023 after the market close on Wednesday, April 26, 2023. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, April 27, 2023. Hosting the call will be Mr. Neil H. Shah, President and Chief Executive Officer, and Mr. Ashish Parikh, Chief Financial Officer.

Hersha Hospitality Trust to Report First Quarter 2023 Earnings on April 26, 2023

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The following slide deck was published by Hersha Hospitality Trust in conjunction with this event.

Hersha Hospitality Trust (HT) Investor Presentation - Slideshow

Hersha Hospitality Trust reported AFFO of $0.34 for 4Q compared to $0.22 in 4Q 2021 on February 15. Guidance for 1Q 2023 is $0.04 to $0.08 AFFO, which is somewhat disappointing.

Hotel REIT Hersha Hospitality Trust Results Greatly Improved In 2022

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U.S. equity markets were mixed on a choppy week as investors readjusted expectations for inflation and interest rates following data indicating an uptick in economic activity and persisting price pressures. Posting its first back-to-back weekly declines of the year, the S&P 500 slipped 0.2% this week, but other major benchmarks fared better. The Mid-Cap 400 and Small-Cap 600 both gained.

Risks Of 'No Landing'

Hersha Hospitality Trust (NYSE:HT ) Q4 2022 Earnings Conference Call February 16, 2023 9:00 AM ET Company Participants Andrew Tamaccio – Investor Relations Neil H. Shah – President and Chief Executive Officer Ashish Parikh – Chief Financial Officer Conference Call Participants Bryan Maher – B.

Hersha Hospitality Trust (HT) Q4 2022 Earnings Call Transcript

Hersha Hospitality (HT) delivered FFO and revenue surprises of -5.56% and 1.57%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Hersha Hospitality (HT) Q4 FFO Lag Estimates

- Fourth Quarter 2022 Net Income of $0.62 Per Share -

Hersha Hospitality Trust Announces Full Year and Fourth Quarter 2022 Results

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Fed Blinks, Finally

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 destinations, today announced the tax classification of its Priority Class A Common Share (“Common Shares”), Series C Cumulative Redeemable Preferred Share (“Series C Preferred Shares”), Series D Cumulative Redeemable Preferred Share (“Series D Preferred Shares”) and Series E Cumulative Redeemable Preferred Share (“Series E Preferred Shares”) distributions for 2022 for Federal income tax reporting purposes. The tax information provided below should not be construed as tax advice and is not a substitute for careful tax planning and analysis. Shareholders should consult their tax advisors as to the tax treatment of the distributions.

Hersha Hospitality Trust Announces Dividend Classification for 2022

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Despite lingering recession concerns and recent travel disruptions, Hotel REITs have been among the better-performing sectors over the past year, buoyed by steady post-pandemic operating improvement fueling long-awaited dividend resumptions. Several years of pent-up leisure demand helped to offset a sluggish business and group travel recovery. Hotel revenues eclipsed record highs in 2022, but with wide dispersion between markets and segments.

Hotel REITs: Dividends Are Back

Hersha Hospitality (HT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

What Makes Hersha Hospitality (HT) a New Strong Buy Stock

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The P/B ratio helps to identify low-priced stocks that have high growth prospects. Deutsche Bank Aktiengesellschaft (DB), Signet Jewelers (SIG), Unum Group (UNM), Hersha Hospitality Trust (HT) and Sterling Infrastructure (STRL) are some such stocks.

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Hersha Hospitality (HT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down -18.15% in 4 Weeks, Here's Why You Should You Buy the Dip in Hersha Hospitality (HT)

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Investing in Hospitality REITs

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 announced that the Company will release its financial results for the fourth quarter 2022 after the market close on Wednesday, February 15, 2023. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, February 16, 2023. Hosting the call will be Mr. Neil H. Shah, President and Chief Executive Officer, and Mr. Ashish Parikh, Chief Financial Officer.

Hersha Hospitality Trust to Report Fourth Quarter 2022 Earnings on February 15, 2023

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 announced its Board of Trustees has approved a special dividend of $0.50 per common share and per limited partnership unit for the year ending December 31, 2022. In addition to this special dividend, the Board also approved a cash dividend of $0.05 per common share and per limited partnership unit for the fourth quarter ending December 31, 2022. These common share dividends and limited partnership unit distributions are both payable on January 18, 2023, to holders of record as of December 30, 2022.

Hersha Hospitality Trust Announces Special Dividend and Continuation of Quarterly Cash Dividend

Pebblebrook Hotel and Hersha Hospitality are both REITs that own extremely similar hotel properties. HT has the most leveraged balance sheet of all hotel REITs that are paying their preferred dividends. This resulted in HT suspending preferred stock dividends for some time during 2020.

Sell Hersha Hospitality Preferred Stocks And Buy Pebblebrook Hotel Preferred Stocks

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News for Hersha Hospitality Trust Class A Stock (HT)