Hersha Hospitality Trust
News and overview for Hersha Hospitality Trust
Hersha Hospitality Announces Third Quarter 2009 Results [Press Release]
Business Wire | 18 days 22 hours 42 minutes ago
Hersha Hospitality Trust (NYSE: HT), owner of select service and upscale hotels in major metropolitan markets, today announced results for the third quarter ended September 30, 2009.
IRSA Inversiones y Representaciones Sociedad Anonima Announces Strategic Investment in Hersha Hospitality Trust [Press Release]
PRNewswire | 110 days 19 hours 42 minutes ago
BUENOS AIRES, Argentina, Aug. 4 /PRNewswire-FirstCall/ -- IRSA Inversiones y Representaciones Sociedad Anonima
Hersha Hospitality Announces Third Quarter 2009 Results;
HotelsMag.com | 18 days 2 hours 4 minutes ago
Hersha Hospitality Trust (NYSE: HT), owner of select service and upscale hotels in major metropolitan markets, today announced results for the third quarter ended September 30, 2009.
New Alliance Opens The Door For Hotel Development
Hotel Interactive | 34 days 2 hours 52 minutes ago
NYLO Teams Up with Don Landry Campo Architects
4 Results
Sign up for AH&LA SmartBrief
Company Overview
| Company: | Hersha Hospitality Trust |
|---|---|
| Industry: | Hotel & Motel REITs |
| Website: | http://www.hersha.com |
Hersha Hospitality's fortune is in hotels, not chocolate. The self-advised real estate investment trust (REIT) invests in hotel properties, primarily midscale, upscale, and extended-stay properties in central business districts. It owns or co-owns about 75 hotels containing a total of more than 9,100 rooms in the northeastern and western US. The properties are operated under such brand names as Comfort Inn, Fairfield Inn, Hampton Inn, Hilton Garden Inn, and Holiday Inn Express. Hersha Hospitality owns its hotels and leases them to subsidiary 44 New England Management Company. The properties are managed by Hersha Hospitality Management, a private affiliate.
Key Numbers
| Sales in U.S. Dollars (mil.) | 264.8 (2008) |
|---|---|
| One-year % Growth in Sales | 9.4 (2008) |
| Net Income in U.S. Dollars (mil.) | -8.8 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 24 (2008) |
| One-year % Growth in Number of Employees | 20.0 (2008) |
| Fiscal Year-End | December |