- Hersha Hospitality Trust is trading at 0.6x Book Value of $14.94. ALL assets minus ALL debt gives a value of $17.64/share.
- Property cash flow turned positive in January 2021; corporate cash flow turned positive in June 2021.
- Through dozens of open-market purchases, insiders bought 521,716 shares at an average cost of $9.16 (10.29.2018 -10.29.2020) during some of the worst months of the Pandemic.
- COVID infection rates have dropped precipitously in Hersha's key markets: California, Boston, South Florida and New York City, and this bodes well for the upcoming holiday season, into Spring 2022.
- The value of their commercial hotel properties is likely appreciating at a CAGR of 5.7%.
For further details see:
Hersha Hospitality: Undervalued Property REIT On The Launching Pad