Hersha Facts

Hersha Hospitality Trust (NYSE: HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale, luxury and lifestyle transient hotels in urban gateway markets and coastal destinations. The Company’s 36 hotels totaling 5,802 rooms are located in New York, Washington, DC, Boston, Philadelphia, Miami, and select markets on the West Coast.

Hersha Chairman, Hasu P. Shah, founded the Hersha Group with the purchase of a single hotel in Harrisburg, Pennsylvania in 1984. In 1998, the Company went public as a Real Estate Investment Trust (REIT) under the name Hersha Hospitality Trust.  Since inception, Hersha has had a proven track record of market growth and its unique characteristics favorably position the Company to deliver strong shareholder value and high cash flow for dividend distribution to investors


    Number of Hotels Owned: 36 High quality, rooms-oriented upscale urban transient hotels in leading innovation districts and gateway markets.

    Markets: 6 core, strategic markets, including Boston, New York City, Philadelphia, Washington, DC, Miami, and West Coast.

    Number of Rooms: 5,802

    Property Brands: Marriott International, Hilton Hotels, Hyatt Hotels, Intercontinental Hotel Group, Hersha’s Independent Hotel Collection.

    Number of Employees: 31


    Hersha meticulously monitors the Company’s operations at the property level, always pursuing opportunities to add value, increase efficiencies and drive performance. Hersha’s asset management track record includes strategic new development and capital expenditures that position the portfolio for growth.


    HT’s portfolio consists of high RevPAR and high EBITDA growth hotels in innovation-driven gateway markets and high barrier resort locations.  The company’s segmented local clusters provide immediate operational advantage and local knowledge to drive outperformance in each of its core markets. The portfolio boasts a unique combination of category-killing branded hotels and independent lifestyle hotels in the most valuable markets in the U.S.


    Hersha’s recent acquisitions, significant investment in CapEx projects, and the re-opening of our two largest EBITDA-generating hotels in South Florida, The Cadillac Hotel and Beach Club and Parrot Key Hotel and Villas, are Hersha’s key drivers of near-term organic growth.  Hersha is acutely focused on company-specific catalysts rather than relying on market growth to drive future expectations.