Hersha Hospitality Trust (HT) Reports Q1 FFO of $0.30

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Go back to Hersha Hospitality Trust (HT) Reports Q1 FFO of $0.30

Hersha Hospitality Trust Announces First Quarter 2017 Results

April 25, 2017 5:00 PM EDT

- Q1 2017 Net Income of $18.7 Million, or $0.44 per Share -

- Q1 2017 Comparable Portfolio RevPAR Growth of 3.1% -

- Completes Sale of Two Suburban Washington, DC Hotels -

- Enters Dynamic Seattle Market -

- Exits Mystic Partners Joint-Venture -

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 first quarter ended March 31, 2017.

First Quarter 2017 Financial Results

Net income applicable to common... More