Hersha Hospitality Trust
| Company type | Public company |
|---|---|
| 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) |
| -$27 million (2019) | |
| Total assets | $2.122 billion (2019) |
| Total equity | $807 million (2019) |
| Owner |
|
Number of employees | 49 (2019) |
| Website | www |
| Footnotes / references | |
Hersha Hospitality Trust is a real estate investment trust that invests in hotels. Named after its founder's wife, 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.
On November 29, 2023, KSL Capital Partners completed the purchase of Hersha.