Global InformationHersha Hospitality Trust information
 | |
| Company type | Public company |
|---|---|
Traded as | NYSE: HT (Class A) |
| Industry | Real estate investment trust |
| Founded | 1984 |
| Founder | Hasu P. Shah |
| Headquarters | Harrisburg, Pennsylvania |
Key people | Hasu P. Shah, Chairman Jay H. Shah, CEO Neil H. Shah, COO Ashish R. Parikh, CFO |
| Products | Hotels |
| Revenue |  $529 million (2019) |
Net income |  -$27 million (2019) |
| Total assets | $2.122 billion (2019) |
| Total equity | $807 million (2019) |
| Owner |
|
Number of employees | 49 (2019) |
| Website | www |
| Footnotes / references [1] | |
Hersha Hospitality Trust is a real estate investment trust that invests in hotels. Named after its founder's wife,[2] it is organized in Maryland and its principal office is in Harrisburg, Pennsylvania.
As of December 31, 2019, the company wholly owned 38 hotels comprising 6,104 rooms and partially owned 9 hotels comprising 1,425 rooms, all of which were on either the West Coast of the United States or the East Coast of the United States.[1]
On November 29, 2023, KSL Capital Partners completed the purchase of Hersha.[3]
- ^ a b "Hersha Hospitality Trust 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ Cite error: The named reference
sleepwas invoked but never defined (see the help page). - ^ "KSL Capital Partners and Hersha Hospitality close $1.4bn deal". Hospitality Investor. Retrieved 2023-12-14.