Hersha Hospitality Trust (HT) Reports Q4 FFO of $0.51

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Hersha Hospitality Trust Announces Full Year and Fourth Quarter 2019 Results

February 24, 2020 4:15 PM EST

  South Florida Portfolio Fourth Quarter RevPAR Growth of 17.7%  Disposition of Mature Hotels for Total Asset Value of $144 Millionº  Sale of Miami & NYC Hotels at Attractive EBITDA Multipleº  Sale of South Boston Joint Venture Interestº  Proceeds to be Utilized to Reduce Leverage

PHILADELPHIA, Feb. 24, 2020 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (Hersha, Company, we or our), owner of high-quality upscale, luxury and lifestyle hotels in urban gateway markets and resort destinations, today announced results for the full-year and fourth quarter ended December 31, 2019.

Full-Year and Fourth Quarter 2019 Financial Results

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