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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...
PHILADELPHIA, 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 Company will release its financial results for the fir...
2023-03-10 06:37:38 ET Hersha Hospitality ( NYSE: HT ) declares $0.05/share quarterly dividend , in line with previous. Forward yield 2.71% Payable April 17; for shareholders of record March 31; ex-div March 30. See HT Dividend Scorecard, Yield Chart, & D...
PHILADELPHIA, 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 Trustees has approved a cash dividend of $0.05 per...
Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 PR Newswire NEW YORK , March 3, 2023 /PRNewswire/...
Another day and more volatility for the cryptocurrency market . This time there's some good news and some bad news from the industry that seems to be taking slow and steady steps toward a more mature business model. On the positive side, Tezos (CRYPTO: XTZ) jumped 5.7% in the last...
As of 12:45 p.m. ET on Monday, Huobi Token (CRYPTO: HT) has skyrocketed 31.9% over the past 24 hours. That's right -- while the overall cryptocurrency market saw a nice surge of 1.5% over this same time frame, Huobi has outperformed notably. What gives? Well, a key advisor to ...
Summary Hersha Hospitality Trust reported AFFO of $0.34 for 4Q compared to $0.22 in 4Q 2021 on February 15. Guidance for 1Q 2023 is $0.04 to $0.08 AFFO, which is somewhat disappointing. They drastically deleveraged last year by selling nine hotels and paying down debt. HT curren...
Summary U.S. equity markets were mixed on a choppy week as investors readjusted expectations for inflation and interest rates following data indicating an uptick in economic activity and persisting price pressures. Posting its first back-to-back weekly declines of the year, the S&P ...
Hersha Hospitality Trust (HT) Q4 2022 Earnings Conference Call February 16, 2023 9:00 AM ET Company Participants Andrew Tamaccio – Investor Relations Neil H. Shah – President and Chief Executive Officer Ashish Parikh – Chief Financial Officer ...
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NEW 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 Hospitality Industry Investment Conference (NYU IHIIC), oper...
PHILADELPHIA, 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 of Hersha Hospitality Trust’s (“HHT...