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Hersha Hospitality Trust (HT) Q4 2021 Earnings Conference Call February 17, 2022 09:00 AM ET Company Participants Neil Shah - President & Chief Operating Officer Ashish Parikh - Chief Financial Officer Conference Call Participants David Katz - Jefferies Aryeh Klein - BMO Capital Markets B...
Hersha Hospitality press release (NYSE:HT): Q4 FFO of $0.20 beats by $0.09. Revenue of $93.48M (+164.5% Y/Y) beats by $5.55M. Property Level Cash Flow1 up 16% Compared to Third Quarter 2021. Comparable Portfolio GOP Margin of 45%, Exceeds Fourth Quarter 2019. Resort Portfolio RevPAR 15.7% Abo...
- Fourth Quarter 2021 Net Loss of $0.48 Per Share - - Fourth Quarter 2021 Adjusted Funds from Operations 1 of $0.20 Per Share - - Property Level Cash Flow 1 up 16% Compared to Third Quarter 2021 - - Comparable Portfolio GOP Margin of 45%, Exceeds Fourth Quarter 2019 - ...
PHILADELPHIA, 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 Series C Cumula...
PHILADELPHIA, 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 financial re...
Along with a slump in hotel REITs during the past six months, SA Quant ratings are flagging more stocks at risk of performing badly for a variety of reasons. Since the beginning of November, nine lodging stocks out of a hypothetical portfolio 14 received such warnings. Two other stocks had re...
Gainers: Waterdrop (NYSE:WDH) +22%. Bitfarms (NASDAQ:BITF) +11%. Guild Holdings (NYSE:GHLD) +9%. Eqonex (NASDAQ:EQOS) +9%. China HGS Real Estate (NASDAQ:HGSH) +7%. Losers: Altisource Portfolio Solutions (NASDAQ:ASPS) -10%. Wheeler Real Estate Investment Trust (NASDAQ:WHLR) -7%. Hersha Hospita...
U.S. equity markets advanced for the fifth-straight week as encouraging employment data, dovish Federal Reserve commentary, and surprising election results powered the major averages to fresh record highs. Closing the week on a seven-day winning streak, the S&P 500 gained 2.0...
Small and midcap travel stocks have lagged larger mainstream travel companies by as much as -20% through October 2021. But they offer similar or related services. Mean reversion in their prices is an outsized possibility. Increased demand has been the final element necessary for a...
We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...
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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...