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Hersha Hospitality Trust (HT.N)

HT.N on New York Stock Exchange

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20 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Press Release - Hersha Hospitality Trust Sells Hampton Inn Financial District For $32.4 Mln
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Hersha Hospitality Trust ::PRESS RELEASE - HERSHA HOSPITALITY TRUST SELLS HAMPTON INN FINANCIAL DISTRICT FOR $32.4 MILLION.HERSHA HOSPITALITY TRUST - PROCEEDS FROM SALE WERE UTILIZED TO FUND CO'S SHARE REPURCHASE PROGRAM AND PAY DOWN CO'S TERM LOANS BY $18 MILLION.  Full Article

Hersha Hospitality Trust Announces New $100 Mln Share Repurchase Program
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Hersha Hospitality Trust ::HERSHA HOSPITALITY TRUST ANNOUNCES NEW $100 MILLION SHARE REPURCHASE PROGRAM.HERSHA HOSPITALITY TRUST - REPURCHASE PROGRAM TO COMMENCE IMMEDIATELY & CO EXPECTS TO COMPLETE NEW REPURCHASE PROGRAM PRIOR TO DECEMBER 31, 2018.  Full Article

Hersha Hospitality Trust Q3 adjusted FFO per share $0.61
Thursday, 26 Oct 2017 

Oct 25 (Reuters) - Hersha Hospitality Trust :Hersha Hospitality Trust announces third quarter 2017 results.Q3 adjusted FFO per share $0.61.Hersha Hospitality Trust qtrly loss per share $‍0.07​.Hersha Hospitality Trust sees FY 2017 ‍adjusted FFO per share$2.06 to $2.15​.Sees 2017 net income per share $1.88 to $ 1.97 ‍​.  Full Article

Hersha Hospitality Trust announces new $100 mln share repurchase program
Monday, 3 Oct 2016 

Hersha Hospitality Trust : Company expects to complete new repurchase program prior to December 31, 2017, unless extended by board of trustees . Hersha hospitality trust announces new $100 million share repurchase program .Company is on track to successfully dispose over $825 million of stabilized hotels this year.  Full Article

Hersha Hospitality Trust posts Q2 earnings per share $2.33
Thursday, 28 Jul 2016 

Hersha Hospitality Trust : Sees 2016 adjusted ffo per share $2.38 - $2.51 . Sees 2016 comparable property revpar growth 2.5% - 3.5% . Revpar at company's 43 comparable hotels increased 2.6% to $187.00 in q2 2016 . Hersha hospitality trust announces second quarter 2016 results . Q2 earnings per share $2.33 . Q2 earnings per share view $0.42 -- Thomson Reuters I/B/E/S . Adjusted ffo per share and unit of limited partnership interest in hersha hospitality limited partnership was $0.89 in q2 .Qtrly adr for comparable hotel portfolio increased 1.8% to $213.22, occupancy increased 66 basis points to 87.7%.  Full Article

Hersha Hospitality Trust Acquires The Envoy Hotel in Boston’s Seaport
Thursday, 28 Jul 2016 

Hersha Hospitality Trust : Acquisition was funded with 1031 exchange proceeds from company's sale of Seven Limited Service assets in Manhattan . Hersha Hospitality trust acquires the Envoy Hotel in Boston's Seaport .Deal for $112.5 million.  Full Article

Hersha Hospitality Trust announces sale of Hyatt Place in King of Prussia, PA
Thursday, 5 May 2016 

Hersha Hospitality Trust:Company has closed on sale of 129-room Hyatt Place in King of Prussia, PA for $13.0 million.  Full Article