HT - Dividend announcements

PHILADELPHIA, Dec. 26, 2023 (GLOBE NEWSWIRE) -- Hersha Hotels and Resorts ("Hersha" or "the Company"), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced the tax classification of Hersha Hospitality Trust's ("HHT") Priority Class A Common Share ("Common Shares"), Series C Cumulative Redeemable Preferred Share ("Series C Preferred Shares"), Series D Cumulative Redeemable Preferred Share ("Series D Preferred Shares") and Series E Cumulative Redeemable Preferred Share ("Series E Preferred Shares") distributions for 2023 for Federal income tax reporting purposes. The tax information provided below relates to HHT prior to the November 28, 2023 merger bet

PHILADELPHIA, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced its Board of Trustees has approved a cash dividend of $0.05 per common share and per limited partnership unit for the third quarter ending September 30, 2023. These common share dividends and limited partnership unit distributions are payable October 16, 2023 to holders of record as of September 29, 2023. The Board of Trustees also declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625 per Series E Preferred Share for the thi

Hersha common shareholders to receive $10.00 per share in cash, a 60% premium to prior closing price Provides shareholders with immediate and certain value at a substantial premium PHILADELPHIA and DENVER, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of luxury and lifestyle hotels in coastal gateway and resort markets, and KSL Capital Partners, LLC ("KSL"), a leading investor in travel and leisure businesses, today announced a definitive merger agreement, entered into on August 27, 2023, under which affiliates of KSL will acquire all of the outstanding common shares of Hersha for $10.00 per share in an all-cas

PHILADELPHIA, May 18, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced its Board of Trustees has approved a cash dividend of $0.05 per common share and per limited partnership unit for the second quarter ending June 30, 2023. These common share dividends and limited partnership unit distributions are payable July 17, 2023 to holders of record as of June 30, 2023. The Board of Trustees also declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625 per Series E Preferred Share for the second quarter en

PHILADELPHIA, March 10, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced its Board of Trustees has approved a cash dividend of $0.05 per common share and per limited partnership unit for the first quarter ending March 31, 2023. These common share dividends and limited partnership unit distributions are payable April 17, 2023, to holders of record as of March 31, 2023. The Board of Trustees also declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625 per Series E Preferred Share for the first quarte

PHILADELPHIA, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT); ("Hersha" or "the Company"), owner of high quality upscale hotels in urban gateway markets and coastal destinations, today announced the tax classification of its Priority Class A Common Share ("Common Shares"), Series C Cumulative Redeemable Preferred Share ("Series C Preferred Shares"), Series D Cumulative Redeemable Preferred Share ("Series D Preferred Shares") and Series E Cumulative Redeemable Preferred Share ("Series E Preferred Shares") distributions for 2022 for Federal income tax reporting purposes. The tax information provided below should not be construed as tax advice and is not a substitute for

PHILADELPHIA, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced its Board of Trustees has approved a special dividend of $0.50 per common share and per limited partnership unit for the year ending December 31, 2022. In addition to this special dividend, the Board also approved a cash dividend of $0.05 per common share and per limited partnership unit for the fourth quarter ending December 31, 2022. These common share dividends and limited partnership unit distributions are both payable on January 18, 2023, to holders of record as of December 30, 2022.

PHILADELPHIA, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced its Board of Trustees has approved a cash dividend of $0.05 per common share and per limited partnership unit for the third quarter ending September 30, 2022. These common share dividends and limited partnership unit distributions are payable October 17, 2022, to holders of record as of September 30, 2022. The Board of Trustees also declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625 per Series E Preferred Share for the th

PHILADELPHIA, May 27, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that its Board of Trustees declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625 per Series E Preferred Share for the second quarter ending June 30, 2022. The preferred share dividends are payable July 15, 2022, to holders of record as of July 1, 2022. Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality hotels in urban gateway

PHILADELPHIA, March 10, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that its Board of Trustees declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625 per Series E Preferred Share for the first quarter ending March 31, 2022. The preferred share dividends are payable April 18, 2022, to holders of record as of March 31, 2022. Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality hotels in urban gat

PHILADELPHIA, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT); ("Hersha" or "the Company"), owner of high quality upscale hotels in urban gateway markets and coastal destinations, today announced the tax classification of its Series C Cumulative Redeemable Preferred Share ("Series C Preferred Shares"), Series D Cumulative Redeemable Preferred Share ("Series D Preferred Shares") and Series E Cumulative Redeemable Preferred Share ("Series E Preferred Shares") distributions for 2021 for Federal income tax reporting purposes. The tax information provided below should not be construed as tax advice and is not a substitute for careful tax planning and analysis. Shareholders

PHILADELPHIA, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that its Board of Trustees declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625 per Series E Preferred Share for the fourth quarter ending December 31, 2021. The preferred share dividends are payable January 18, 2022 to holders of record as of December 31, 2021. Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality hotels in ur

PHILADELPHIA, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that its Board of Trustees declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625 per Series E Preferred Share for the third quarter ending September 30, 2021. The preferred share dividends are payable October 15, 2021 to holders of record as of October 1, 2021. Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality hotel

PHILADELPHIA, May 27, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that its Board of Trustees declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625 per Series E Preferred Share for the second quarter ending June 30, 2021. The preferred share dividends are payable July 15, 2021 to holders of record as of July 1, 2021. Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality hotels in urban gatew

- First Quarter 2021 Net Income of $2.9 Million -- Property Level Cash Flow Increased to $3.7 Million in March -- First Quarter 2021 Occupancy Exceeds Fourth Quarter 2020 Occupancy by 1,300 Basis Points -- First Quarter Portfolio RevPAR Beats Internal Forecast by 34% - PHILADELPHIA, April 28, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha," "Company," "we" or "our"), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced results for the first quarter ended March 31, 2021. First Quarter 2021 Financial Results Net income applicable to common shareholders was $2.9 million, or $0.07 per diluted common share, in the

- February Results Outperform Forecasts -- Asset Sale Closings for Two Hotels -- Announces First Quarter and Accrued Preferred Dividend Distribution - PHILADELPHIA, March 09, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced an update for previously announced asset sales and operational results in February 2021. February Operating Results Revenues exceeded internal forecasts by over 20%Second-consecutive month of positive property-level cash flow51.2% occupancy across New York City portfolio69.4% occupancy in South Florida• 76.5% occupancy

- Fourth-Quarter 2020 COVID-19 Impact Loss of $1.16 Per Share -- Successfully Amends Senior Credit Facility -- Covenant Waivers Extended Through March 31, 2022 -- Closed $200 Million Unsecured Notes Placement -- Binding Sales Agreements on Six Hotels Totaling $216 Million -- Company Realized Positive Portfolio Level EBITDA in January - PHILADELPHIA, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha,” “Company,” “we” or “our”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced results for the full year and fourth quarter ended December 31, 2020. Fourth Quarter 2020 Financial Results Net loss applicable to

- $200 Million Unsecured Notes Placement -- Successfully Amends Senior Credit Facility -- Covenant Waivers Extended Through March 31, 2022 -- Binding Sales Agreements on Six Hotels Totaling $216 Million - PHILADELPHIA, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced it secured a strategic financing commitment from West Street Strategic Solutions Fund I, L.P. and Broad Street Credit Holdings LLC, each of which is an affiliate of the Merchant Banking business of The Goldman Sachs Group, Inc. (the “GS Purchasers”). Private Notes Placement

PHILADELPHIA, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT); (“Hersha” or “the Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced the tax classification of its Priority Class A Common Share (“Common Shares”), Series C Cumulative Redeemable Preferred Share (“Series C Preferred Shares”), Series D Cumulative Redeemable Preferred Share (“Series D Preferred Shares”) and Series E Cumulative Redeemable Preferred Share (“Series E Preferred Shares”) distributions for 2020 for Federal income tax reporting purposes. The tax information provided below should not be construed as tax advice and is not a substitute fo