Hersha Hospitality Trust (HT) Provides Operational Update

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Go back to Hersha Hospitality Trust (HT) Provides Operational Update

Hersha Hospitality Trust Provides Operational Update

March 9, 2021 4:30 PM EST

- February Results Outperform Forecasts -- Asset Sale Closings for Two Hotels -- Announces First Quarter and Accrued Preferred Dividend Distribution -

PHILADELPHIA, March 09, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (Hersha or the Company), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced an update for previously announced asset sales and operational results in February 2021.

February Operating Results

Revenues exceeded internal forecasts by over 20%Second-consecutive month of positive... More