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Country
US
Industry
Real Estate
Market Cap
Micro Cap
Num. Employees
27
IPO Date
May 27, 1998
Country
US
Industry
Real Estate
Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates hotels in urban gateway markets. The company is headquartered in Harrisburg, Pennsylvania and currently employs 27 full-time employees. The firm owns and operates luxury and lifestyle hotels in coastal gateway and resort markets. The company has approximately 25 hotels totaling 3,811 rooms are located in New York, Washington, District of Columbia, Boston, Philadelphia, South Florida, and California. The Company’s portfolio consists of 22 wholly owned limited and full service properties with a total of 3,392 rooms, one hotel owned through a joint venture with a total of 115 rooms, and interests in two limited service properties owned through joint venture investments with a total of 304 rooms. These 25 properties, with a total of 3,811 rooms, are located in California, Connecticut, the District of Columbia, Florida, Maryland, Massachusetts, New York, and Pennsylvania. The firm operates under brands owned by Marriott International, Inc. (Marriott), Hilton Worldwide, Inc.
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