Hersha Hospitality Trust (HT) Reports Q2 FFO of 77c

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Go back to Hersha Hospitality Trust (HT) Reports Q2 FFO of 77c

Hersha Hospitality Trust Announces Second Quarter 2017 Results

July 25, 2017 5:30 PM EDT

- Q2 2017 Net Income of $74.0 Million, or $1.75 per Share -

- Q2 2017 Comparable Portfolio RevPAR Growth of 1.0% -

- Completes 24 Month Capital Recycling Campaign -

- Adjusts 2017 EBITDA & ADJUSTED FFO Guidance -

PHILADELPHIA--(BUSINESS WIRE)-- Hersha Hospitality Trust (NYSE: HT) (Hersha or the Company), owner of high quality hotels in urban gateway markets and coastal destinations, today announced results for the second quarter ended June 30, 2017.

Second Quarter 2017 Financial Results

Net income applicable to common shareholders was $74.0 million, or $1.75 per diluted common... More