Hersha Hospitality Trust
HT-PE
New York Stock Exchange25.10
USD
+0.04
- -
CIK
0001063344
ISIN
US4278257088
CUSIP
427825708
Return %
Stock
S&P500
1Y
34.56
26.53
3Y
30.91
76.60
5Y
18.37
80.11
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
- Nov 3, 2016
- CIK
- 0001063344
- Website
- hersha.com
- Similar Companies
- Business
- Hersha Hospitality Trust (NYSE: HT-PE) operates as a self-advised real estate investment trust (REIT) focused on the ownership, operation, and development of upscale and lifestyle hotels in urban gateway and resort markets across the United States. The company owns a portfolio of approximately 20 hotels, including premium brands such as Marriott, Hilton, Hyatt, and independent properties, offering services including guest accommodations, meeting and event spaces, dining outlets, spas, and recreational facilities; it emphasizes revenue management, asset management, and capital allocation strategies to maximize shareholder value. Founded in 1994 and headquartered in Philadelphia, Pennsylvania, Hersha Hospitality Trust primarily serves leisure, business, and group travelers in key markets like New York, Boston, Washington D.C., Miami, and California resort destinations. In recent developments, the company completed a strategic merger with a private investor group in late 2023, transitioning from public trading status while maintaining its core hotel portfolio and operational focus; this transaction, valued at over $1 billion, marked a significant ownership restructuring without major asset divestitures or new product launches as of 2025. Hersha continues to pursue targeted renovations and technology upgrades across its properties to enhance occupancy rates and RevPAR amid evolving hospitality demand.