$HT News
Last published 2y ago
- 2y agoHTThe Shah Family of Hersha Hotels and Resorts Honored with the Prestigious Stephen W. Brener Silver Plate AwardGlobeNewswireNEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- The Shah Family, founders of Hersha Hotels and Resorts and HHM Hotels, was awarded the Hotel News Now Stephen W. Brener Silver Plate Award at the NYU International
- 2y agoHTHersha Hotels and Resorts Announces Dividend Classification for 2023GlobeNewswirePHILADELPHIA, Dec. 26, 2023 (GLOBE NEWSWIRE) -- Hersha Hotels and Resorts ("Hersha" or "the Company"), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced the tax classification
- 3y agoHTNXGNTRHCMoore Kuehn Encourages NXGN, NEWR, TRHC, and HT Investors to Contact Law FirmPR NewswireNEW YORK, Oct. 11, 2023 /PRNewswire/ -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following
- 3y agoHTHersha Hospitality Trust Announces Date of Special Meeting to Approve Acquisition by KSL Capital PartnersGlobeNewswirePHILADELPHIA, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of luxury and lifestyle hotels in coastal gateway and resort markets, announced that it has set
- 3y agoHTHersha Hospitality Trust Announces Quarterly DividendGlobeNewswirePHILADELPHIA, Sept. 13, 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 its Board of
- 3y agoABCMHTRPTTHRNMoore Kuehn Encourages RPT, ABCM, THRN, and HT Investors to Contact Law FirmGlobeNewswireNEW YORK, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the
- 3y agoHTHersha Hospitality Trust to be Acquired by KSL Capital PartnersGlobeNewswireHersha common shareholders to receive $10.00 per share in cash, a 60% premium to prior closing price Provides shareholders with immediate and certain value at a substantial premium PHILADELPHIA and
- 3y agoHTHersha Hospitality Trust (HT) Q2 2023 Earnings Call TranscriptEarnings Call Transcripts
- 3y agoHTHersha Hospitality Trust to Report Second Quarter 2023 Earnings on August 2, 2023GlobeNewswirePHILADELPHIA, June 12, 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
- 3y agoHTHersha Hospitality Trust Announces Quarterly DividendGlobeNewswirePHILADELPHIA, May 18, 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 its Board of
- 3y agoHTHersha Hospitality Trust to Report First Quarter 2023 Earnings on April 26, 2023GlobeNewswirePHILADELPHIA, 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
- 3y agoHTHersha Hospitality Trust Announces Quarterly DividendGlobeNewswirePHILADELPHIA, March 10, 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 its Board of
- 3y agoALVARMKAUBAXTA+39Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600PR NewswireNEW YORK, March 3, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the
- 3y agoHTHersha Hospitality Trust Announces Full Year and Fourth Quarter 2022 ResultsGlobeNewswire- Fourth Quarter 2022 Net Income of $0.62 Per Share - - Fourth Quarter 2022 Adjusted Funds from Operations1 of $0.34 Per Share - - Comparable Portfolio Growth to the Fourth Quarter 2019 - - ADR Growth of 21.5% - -
- 3y agoHTHersha Hospitality Trust Announces Dividend Classification for 2022GlobeNewswirePHILADELPHIA, 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
- 3y agoHTHersha Hospitality Trust to Report Fourth Quarter 2022 Earnings on February 15, 2023GlobeNewswirePHILADELPHIA, 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
- 3y agoHTHersha Hospitality Trust Announces Special Dividend and Continuation of Quarterly Cash DividendGlobeNewswirePHILADELPHIA, 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
- 4y agoHTHersha Hospitality Trust Announces Third Quarter 2022 ResultsGlobeNewswire- Third Quarter 2022 Net Income of $2.82 Per Share - - Third Quarter 2022 Adjusted Funds from Operations1 of $0.33 Per Share - - Comparable ADR Growth of 16% vs. Third Quarter 2019 - - Comparable Portfolio Hotel
- 4y agoHTHersha Hospitality Trust Closes the Sale of Hotel Milo Santa Barbara and Pan Pacific SeattleGlobeNewswire– Price implies a blended 2.9% cap rate and 27.0x EBITDA multiple on 2019 results and a ~ $455K per key valuation– – Coupled with the USS-7 sale and pending dispositions, the sale of Hotel Milo and Pan Pacific would
- 4y agoHTHersha Hospitality Trust Announces Planned Leadership TransitionGlobeNewswire– Founder and Chairman Hasu P. Shah to Retire –– CEO Jay H. Shah to become Executive Chairman –– COO Neil H. Shah to become President and Chief Executive Officer – PHILADELPHIA, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality
- 4y agoHTHersha Hospitality Trust Announces Reinstatement of Quarterly Cash DividendGlobeNewswirePHILADELPHIA, Sept. 19, 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 cash divid
- 4y agoHTHersha Hospitality Trust to Sell Hotel Milo Santa Barbara and Pan Pacific Seattle for $125 MillionGlobeNewswire– Net Proceeds are expected to be used for general corporate purposes including, but not limited to, additional debt repayment and dividend payments – – Price implies a blended 2.9% cap rate and 27.0x EBITDA multiple on 2019 results and a $455K
- 4y agoHTHersha Hospitality Trust to Report Third Quarter 2022 Earnings on October 26, 2022GlobeNewswirePHILADELPHIA, Sept. 06, 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 that the Company will release its financial res
- 4y agoHTHersha Hospitality Trust Refinances Credit FacilitiesGlobeNewswire- 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 Paydown of Junior Unsecured Notes - PHILADELPHIA, Aug
- 4y agoHTHersha Hospitality Trust Announces Second Quarter 2022 ResultsGlobeNewswire- 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 Portfolio EBITDA Exceeds Second Quarter of 2019 - -
- 4y agoHTHersha Hospitality Trust to Report Second Quarter 2022 Earnings on August 3, 2022GlobeNewswirePHILADELPHIA, 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 destinations, today announced that the Company will release its fi
- 4y agoHTHersha Hospitality Trust Announces Quarterly DividendsGlobeNewswirePHILADELPHIA, 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 destinations, today announced that its Board of Trustees declared a
- 4y agoHTHersha Hospitality Trust to Sell Non-Core Urban Select Service Properties for $505 MillionGlobeNewswire– Accelerates Transformation with Focus on Resort, Luxury & Lifestyle and Destination-Orientated Portfolio –– Transaction Expected to Reduce Net Debt by $460-$480 million – PHILADELPHIA, April 28, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality
- 4y agoHTHersha Hospitality Trust Announces First Quarter 2022 ResultsGlobeNewswire- 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 acceleration through March - - March Property Level EBI
- 4y agoHTHersha Hospitality Trust to Report First Quarter 2022 Earnings on April 27, 2022GlobeNewswirePHILADELPHIA, 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 destinations, today announced that the Company will release its f
- 4y agoHTHersha Hospitality Trust Announces Quarterly DividendsGlobeNewswirePHILADELPHIA, 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 destinations, today announced that its Board of Trustees declared
- 4y agoHTHersha Hospitality Trust Announces Fourth Quarter 2021 ResultsGlobeNewswire- 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 Quarter 2021 - - Comparable Portfolio GOP Margi
- 4y agoHTHersha Hospitality Trust Announces Dividend Classification for 2021GlobeNewswirePHILADELPHIA, 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 destinations, today announced the tax classification of its Serie
- 4y agoHTHersha Hospitality Trust Provides Operational UpdateGlobeNewswirePHILADELPHIA, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced preliminary operating results for De
- 4y agoHTHersha Hospitality Trust to Report Fourth Quarter 2021 Earnings on February 16, 2022GlobeNewswirePHILADELPHIA, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that the Company will release its fi
- 4y agoHTHersha Hospitality Trust Announces Quarterly DividendsGlobeNewswirePHILADELPHIA, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that its Board of Trustees declared
- 5y agoHTHersha Hospitality Reit Trust (HT) Q3 2021 Earnings Call TranscriptEarnings Call TranscriptsHT earnings call for the period ending September 30, 2021.
- 5y agoHTHersha Hospitality Trust Announces Third Quarter 2021 ResultsGlobeNewswire- Third Quarter 2021 Net Loss of $0.51 Per Share -- Property Level Cash Flow Growth of 39% Compared to Second Quarter 2021 -- Comparable Portfolio GOP Margins Exceed Third Quarter 2019 –- Third Quarter 2021 Adjusted Funds from Operations of $0.11 Per S
- 5y agoHTHersha Hospitality Trust to Report Third Quarter 2021 Earnings on October 26, 2021GlobeNewswirePHILADELPHIA, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that the Company will release its f
- 5y agoHTHersha Hospitality Trust Announces Quarterly DividendsGlobeNewswirePHILADELPHIA, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that its Board of Trustees declared
- 5y agoHTHersha Hospitality Reit Trust (HT) Q2 2021 Earnings Call TranscriptEarnings Call TranscriptsHT earnings call for the period ending June 30, 2021.
- 5y agoHTHersha Hospitality Trust Announces Second Quarter 2021 ResultsGlobeNewswire- Second Quarter 2021 Net Loss of $0.73 Per Share -- Total Adjusted EBITDA Exceeds Internal Forecast by 98% -- Property Level Cash Flow of $18.3 Million -- Positive Corporate Level Cash Flow Achieved in June -- Comparable Portfolio GOP Margins Exceed 45%
- 5y agoHTHersha Hospitality Trust to Report Second Quarter 2021 Earnings on July 27, 2021GlobeNewswirePHILADELPHIA, June 01, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that the Company will release its fi
- 5y agoHTHersha Hospitality Trust Announces Quarterly DividendsGlobeNewswirePHILADELPHIA, May 27, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that its Board of Trustees declared a
- 5y agoHTHersha Hospitality Trust Provides Operational UpdateGlobeNewswire- April Property-Level Cash Flow of $3.8 Million -- Successfully Closed on the Sale of the Duane Street Hotel - PHILADELPHIA, May 17, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of high-quality hote
- 5y agoHTHersha Hospitality Trust (HT) Q1 2021 Earnings Call TranscriptEarnings Call TranscriptsHT earnings call for the period ending March 31, 2021.
- 5y agoHTHersha Hospitality Trust to Host Earnings CallACCESS NewswireNEW YORK, NY / ACCESSWIRE / April 29, 2021 / Hersha Hospitality Trust (NYSE:HT) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on April 29, 2021 at 9:00 AM Eastern Time. To listen to the event live or acce
- 5y agoHTHersha Hospitality Trust Announces First Quarter 2021 ResultsGlobeNewswire- First Quarter 2021 Net Income of $2.9 Million -- Property Level Cash Flow Increased to $3.7 Million in March -- First Quarter 2021 Occupancy Exceeds Fourth Quarter 2020 Occupancy by 1,300 Basis Points -- First Quarter Portfolio RevPAR Beats Internal Fo
- 5y agoSTAYCHHDINRMAX+3Tarsadia Capital Believes Proposed Acquisition of Extended Stay America by Blackstone and Starwood Severely Undervalues STAY and Is Opportunistically TimedBusiness WireNEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC, together with certain of its affiliates and the funds it manages (“Tarsadia” or “we”), is one of the largest shareholders of Extended Stay America, Inc. (NYSE: STAY) (“ESA” or the “Company”), beneficially owning an aggregate of approximately 3.9% of ESA’s outstanding shares. Tarsadia and various of its affiliates have been investors in the hospital ...
- 5y agoHTHersha Hospitality Trust to Report First Quarter 2021 Earnings on April 28, 2021GlobeNewswirePHILADELPHIA, March 15, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort...