Company

Hersha Hospitality Trust

Headquarters: Harrisburg, PA, United States

Founded: 1984

Employees: 28

CEO: Mr. Jay H. Shah

NYSE: HT

Market Cap

$482.9 Million

USD as of Nov. 1, 2023

Market Cap History

Hersha Hospitality Trust market capitalization over time

Evolution of Hersha Hospitality Trust market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Hersha Hospitality Trust

Detailed Description

Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale and lifestyle hotels in urban gateway markets and resort destinations. The Company's 49 hotels totaling 7,774 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast. The Company's common shares are traded on The New York Stock Exchange under the ticker “HT.”

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Product & Services

Hotels

Key People

Founder(s): Hasu P. Shah

Hasu P. Shah, Chairman Jay H. Shah, CEO Neil H. Shah, COO Ashish R. Parikh, CFO

Financials

Revenue: $529 million (2019)

Net income: -$27 million (2019)


Total assets: $2.122 billion (2019)

Total equity: $807 million (2019)

Details

Headquarters:

44 Hersha Drive

Harrisburg, PA 17102

United States

Phone: 717-236-4400