Hersha Hospitality Trust Business Overview and Financials

Hersha Hospitality Trust is a real estate investment trust (REIT) that focuses on acquiring, owning, and operating upscale hotels in the United States.

The company was founded in 1996 by Jay H. Shah and has since grown to become one of the largest owners of boutique and lifestyle hotels in the country.

Hersha Hospitality Trust has a portfolio of over 100 hotels with more than 10,000 rooms across 24 states.

The company's hotels are primarily located in urban and resort markets, including major cities like New York, Boston, and Miami.

The Hersha Hospitality Trust has been actively implementing a larger strategy over the past few years. This strategy includes exploring potential sales as part of its ongoing efforts.

The trust's recent focus on sales is a significant development in its overall strategy.

The latest news from the hospitality industry is quite exciting. The Hersha Hospitality Trust has been implementing a larger strategy over the past few years.

This strategy includes potential sales, which are a significant part of their plan.

The Pan Pacific Hotel in Seattle, WA has a new owner. Hersha Hospitality Trust acquired the 153-room hotel for $79.0 million. This is a significant deal, especially considering the hotel's prime location. The acquisition is a strategic move by Hersha Hospitality Trust to expand its portfolio.

Hersha Hospitality Trust announced its full-year and fourth quarter 2016 results, which revealed a strong performance for the company.

Their full-year net income was $95.6 million, which translates to $2.18 per share. This is a significant achievement, especially considering the challenges faced by the hospitality industry.

Comparable portfolio RevPAR growth was 2.1%, indicating a steady increase in revenue per available room.

Hersha Hospitality Trust operates a portfolio of high-quality upscale hotels in urban gateway markets, with locations in central business districts and dense metropolitan centers of major US cities such as New York City, Boston, and Los Angeles.

The company's hotels are concentrated in these key markets, allowing for efficient management and operation of its properties.

Hersha Hospitality Trust's revenue streams come from hotel revenue and other revenue sources, providing a diversified income stream for the company.

Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector.

Its hotels are located in the central business districts and dense metropolitan centers of major cities like New York City, Boston, and Los Angeles.

The company's revenue streams include Hotel revenue and Other revenue.

Hersha Hospitality Trust has a presence in urban gateway markets such as Washington, DC, Philadelphia, Miami, and San Diego.

The company's hotels are of high-quality and upscale, catering to a specific clientele.

Hersha Hospitality Trust reported a Full-Year 2016 Net Income of $95.6 Million, or $2.18 per Share.

The company achieved a Full-Year 2016 Comparable Portfolio RevPAR Growth of 2.1%.

Management plays a crucial role in a company's success, and Hersha Hospitality Trust is no exception.

The company's management score is assessed based on the robustness of its ESG programs, practices, and policies. Hersha Hospitality Trust's Management of ESG Material Risk is Average, indicating room for improvement.

A key aspect of Hersha Hospitality Trust's management strategy is its focus on implementing a larger plan over the past few years, which includes potential sales as part of its efforts.

By prioritizing its ESG programs, practices, and policies, Hersha Hospitality Trust aims to better manage its relevant ESG issues and improve its overall management score.

KSL Capital Partners has officially acquired Hersha Hospitality Trust in a $1.4 billion merger, expanding its reach in the growing luxury lifestyle segment.

The merger was approved by a majority of Hersha shareholders, who voted in favor of the deal at a special meeting held on November 8.

The acquired portfolio includes 25 hotels and resorts, totaling 3,811 rooms, located in strategic markets such as New York, Boston, Philadelphia, South Florida, California, and Washington, D.C.

KSL's extensive track record investing in high-quality assets in dynamic metropolitan markets will help position the business for further success over the long term.

The deal was first announced in August, after KSL affiliates acquired all of Hersha's outstanding common shares.

Hersha requested that the New York Stock Exchange suspend trading of its common and preferred shares and delist the company from the NYSE, which will happen on December 11.

KSL's partner, Marty Newburger, praised Hersha's team for building an impressive portfolio of experiential luxury and lifestyle hotels and resorts.

HHM has expanded its portfolio by a significant amount in the past year, adding 25 new hotels to its collection.

These new additions bring the total number of rooms under HHM's management to approximately 4,000.

This substantial growth is a testament to the company's ability to identify and capitalize on opportunities in the hospitality industry.

HHM has successfully integrated these new hotels into its operations, ensuring a seamless experience for guests and staff alike.

The company's focus on growth and expansion has allowed it to increase its presence in the market and provide more options for travelers.

Hersha Hospitality Trust has sold a 5-hotel suburban portfolio for $185.0 million.

The portfolio totals 757 rooms, which is a significant number of accommodations.

The sale price of $185.0 million translates to $244,000 per key.

Hersha Hospitality Trust operates in the lodging industry, with a focus on upscale and upper-upscale hotels in the Northeastern United States.

The company's portfolio includes properties in urban and resort markets, with a focus on cities like Boston, New York, and Philadelphia.

Hersha Hospitality Trust's hotels are often located in high-demand areas, such as downtown districts and near major attractions.

Exposure refers to the extent to which a company is exposed to different material ESG issues.

Hersha Hospitality Trust's Exposure is Low, indicating that the company has a relatively low risk of being affected by environmental, social, and governance issues.

The exposure score takes into consideration subindustry and company-specific factors such as its business model, which is crucial in determining the company's overall exposure.

A company's business model can significantly impact its exposure to ESG issues, as it influences the types of risks the company is likely to face.

In the industry, several companies are vying for market share. One of the main competitors is XYZ Corporation, which has been a dominant force for years.

Their product offerings are quite extensive, with a wide range of products that cater to different customer needs. This is likely due to their significant investment in research and development.

Their financial reports show a steady increase in revenue over the past few years. This is a testament to their ability to adapt to changing market conditions.

Another competitor worth mentioning is ABC Inc., which has been gaining ground in recent times. Their focus on sustainability has resonated with environmentally-conscious customers.

Their customer base is diverse, with a significant presence in both domestic and international markets. This is a result of their well-planned marketing strategies.

Their product quality has been consistently high, earning them a reputation for reliability. This has helped them build a loyal customer base over time.

Hersha Hospitality Trust has a current share price of $9.99, which is a significant change from its 52 Week Low of $5.64. This indicates a recovery in the market value of the company.

The 52 Week High is $10.31, showing that the stock has reached a peak in the past year. However, the 5 Year Change is a -46.81%, indicating a significant decline in the company's value over the long term.

The Beta of the stock is 1.82, which suggests that it is more volatile than the overall market. This means that the value of the stock can fluctuate more rapidly than the broader market.

The 1 Month Change is 0.81%, and the 3 Month Change is 1.73%, showing that the stock has had a moderate increase in value over the past few months. However, the 1 Year Change is 3.74%, which is a relatively small increase over the past year.

Here's a comparison of Hersha Hospitality Trust's performance with the US Hotel and Resort REITs industry and the US Market:

As we can see, Hersha Hospitality Trust has outperformed the US Hotel and Resort REITs industry over the past year, but underperformed the US Market.