Hersha Hospitality Trust (HT)
Hersha Hospitality Trust operates in the REIT - Hotel & Motel industry of the Real Estate sector, headquartered in Harrisburg, PA, US. The stock last traded at $9.99, down 0.10% on the session, giving a market capitalisation of $482.9M. On trailing twelve-month figures it carries a trailing P/E of 2.37, a net margin of 36.1%. Its beta of 1.82 implies it has historically moved more than the broad market.
Hersha Hospitality Trust (HT) functions as a self-managed real estate investment trust (REIT) within the hospitality sector. It holds and oversees a collection of premium, upscale, and lifestyle hotel properties strategically positioned in prominent urban centers and desirable vacation spots. The Trust's portfolio encompasses 49 hotels, collectively offering 7,774 rooms, situated across key markets including New York, Washington, D.C., Boston, Philadelphia, South Florida, and various selected areas on the West Coast. Its common stock is publicly traded on the New York Stock Exchange under the ticker symbol "HT."
Hersha Hospitality Trust is most often compared with the following Real Estate names: