Hersha Hospitality Trust (HT) Reports In-Line Q2 FFO, Offers Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/27/2026

1. ORCL
2. AVGO
3. CDNS
4. ANT
5. META
6. BA
7. SPY
8. INTC
9. JBLU
10. HOOD

Go back to Hersha Hospitality Trust (HT) Reports In-Line Q2 FFO, Offers Guidance

Hersha Hospitality Trust Announces Second Quarter 2016 Results

July 27, 2016 5:30 PM EDT

- Comparable Portfolio RevPAR Growth of 2.6% -

- Sells 7 Hotels to Cindat at a 5.4% Capitalization Rate -

- Issues Preferred Shares at Lowest Coupon in Company History -

- Repurchases $36.8 Million of Common Shares -

- Continues Capital Recycling Via Suburban Boston Asset Sales -

PHILADELPHIA--(BUSINESS WIRE)-- Hersha Hospitality Trust (NYSE: HT) (Hersha or the Company), owner of upscale hotels in urban gateway markets, today announced results for the second quarter ended June 30, 2016.

Second Quarter 2016 Financial Results

... More