HT News and Press, Hersha Hospitality Trust Class A of Beneficial Interest From 06/29/23

2023-06-29 16:15:21 ET Summary The article discusses an arbitrage opportunity between Hersha Hospitality Trust 6.875% Series C Preferred and Hersha Hospitality Trust 6.50% Series E Preferred. I highlight the challenges of arbitrage trading within small-cap issues, including illiqu...

2023-06-22 11:00:00 ET Summary It is a fairly simple process to select the best hotel REIT Preferred since they all operate similarly, and all hold the same asset class. The primary difference between preferred stocks from the various hotel REITs is their yield and their safety. ...

2023-06-20 01:57:50 ET Summary Hersha Hospitality Trust is a hospitality REIT focused on luxury, upscale, and upper midscale hotels in key markets such as New York City, Boston, Washington D.C., and Philadelphia. The company has recently reinstated its dividend and pays a forward ...

PHILADELPHIA, 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 Company will release its financial results for the seco...

2023-05-24 10:00:00 ET Summary Despite lingering recession concerns, hotel REITs are pacing for a second-straight year of outperformance after punishing early-pandemic declines, buoyed by steady post-pandemic operating improvement and the long-awaited return of dividends. The fina...

2023-04-27 15:26:11 ET Hersha Hospitality Trust (HT) Q1 2023 Earnings Conference Call April 27, 2023, 09:00 ET Company Participants Andrew Tamaccio - Finance Associate Neil Shah - President, CEO & Director Ashish Parikh - CFO, EVP & Assistant Secretary ...

2023-04-26 16:34:06 ET Hersha Hospitality press release ( NYSE: HT ): Q1 FFO of $0.02 misses by $0.03 . Revenue of $75.15M (-8.2% Y/Y) beats by $0.27M . Q2 FFO per share of $0.39 - $0.45, vs. consensus of $0.42 For further details see: Hersha Hospital...

- First Quarter 2023 Net Loss of $(0.38) Per Share - - First Quarter 2023 Adjusted Funds from Operations 1 of $0.02 Per Share - - Comparable Excluding Renovations Portfolio Growth to the First Quarter 2019 - - ADR Growth of 20.9% - - EBITDA Growth of 18.9% - - EBITDA Margi...

2023-04-25 17:35:57 ET Hersha Hospitality ( NYSE: HT ) is scheduled to announce Q1 earnings results on Wednesday, April 26th, after market close. The consensus FFO Estimate is $0.06 and the consensus Revenue Estimate is $74.91M Over the last 2 years, HT has...

2023-03-27 21:35:16 ET Summary 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 jus...