Hersha Hospitality Trust (HT) Tops Q4 EPS by 2c

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Go back to Hersha Hospitality Trust (HT) Tops Q4 EPS by 2c

Hersha Hospitality Trust Announces Fourth Quarter 2021 Results

February 16, 2022 4:10 PM EST

- Fourth Quarter 2021 Net Loss of $0.48 Per Share -

- Fourth Quarter 2021 Adjusted Funds from Operations1 of $0.20 Per Share -

- Property Level Cash Flow1 up 16% Compared to Third Quarter 2021 -

- Comparable Portfolio GOP Margin of 45%, Exceeds Fourth Quarter 2019 -

- Resort Portfolio RevPAR 15.7% Above Fourth Quarter 2019 -

- Manhattan Weekday RevPAR up 47% Compared to Third Quarter 2021, December Weekend ADR Surpassed December 2019 by 390 basis points -

PHILADELPHIA, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT)... More