Hersha Hospitality Trust
HT-PC
New York Stock Exchange25.09
USD
+0.01
- -
CIK
0001063344
Return %
Stock
S&P500
1Y
24.02
18.86
3Y
25.39
64.57
5Y
10.72
71.65
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Neil H. Shah
- Full Time Employees
- 27
- Sector
- Real Estate
- Industry
- REIT - Hotel & Motel
- Address
- 44 Hersha Drive Harrisburg PA United States of America 17102
- IPO Date
- Mar 8, 2013
- CIK
- 0001063344
- Website
- hersha.com
- Similar Companies
- Business
- Hersha Hospitality Trust (HT-PC), a self-advised real estate investment trust formerly focused on the hospitality sector, operates as a private entity following its acquisition by KSL Capital Partners in November 2023 for approximately $1.4 billion; Hersha Hotels and Resorts owns and operates 19 luxury and lifestyle hotels totaling 3,119 rooms in urban gateway and regional resort markets including New York, Washington, DC, Boston, Philadelphia, South Florida, and California. The portfolio features high RevPAR and high EBITDA growth properties such as The Envoy in Boston Seaport, The Rittenhouse Hotel in Philadelphia, and The Cadillac Hotel & Beach Club in Miami Beach, with hotels leased to wholly-owned taxable REIT subsidiaries like 44 New England Management Company for professional management services including centralized accounting, purchasing, and on-site operations. Founded in 1984 by Hasu P. Shah and named after his wife, the company is organized in Maryland with principal offices in Harrisburg, Pennsylvania, and previously traded common shares on the New York Stock Exchange under ticker HT prior to delisting. The 2023 acquisition by KSL Capital Partners marked a major strategic shift, taking the REIT private in an all-cash deal at $10 per share representing a 60% premium to recent trading levels and enabling long-term growth in key gateway markets without public market pressures; no significant new partnerships, funding rounds, product launches, or portfolio changes have been announced since the transaction as of late 2025.