Hersha Hospitality Trust downgraded by Stifel with a new price target

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- The Shah Family, founders of Hersha Hotels and Resorts and HHM Hotels, was awarded the Hotel News Now Stephen W. Brener Silver Plate Award at the NYU International Hospitality Industry Investment Conference (NYU IHIIC), operated by Questex, in partnership with the NYU School of Professional Studies (NYU SPS) and its Jonathan M. Tisch Center of Hospitality. Amanda Hite, president of STR; and Stephanie Ricca, editorial director of Hotel News Now, presented the Shah Family with the award. Hersha Hotels and Resorts owns and operates luxury and lifestyle hotels in coastal gateway and resort markets. The Company's 25 hotels totaling 3,811 rooms are

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, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of luxury and lifestyle hotels in coastal gateway and resort markets, announced that it has set November 8, 2023 as the date for the special meeting of shareholders (the "Special Meeting") to approve the previously announced acquisition by affiliates of KSL Capital Partners, LLC ("KSL"), a leading investor in travel and leisure businesses. The Special Meeting will be held virtually at 9:00am ET at https://web.lumiagm.com/212424894. The record date for the Special Meeting has been set as October 2, 2023. Holders of Hersha's common shares at the close of business on the reco

Stifel downgraded Hersha Hospitality Trust from Buy to Hold and set a new price target of $10.00 from $8.75 previously

Barclays upgraded Hersha Hospitality Trust from Underweight to Equal Weight and set a new price target of $10.00 from $8.00 previously

Oppenheimer downgraded Hersha Hospitality Trust from Outperform to Perform

4 - HERSHA HOSPITALITY TRUST (0001063344) (Issuer)

4 - HERSHA HOSPITALITY TRUST (0001063344) (Issuer)

4 - HERSHA HOSPITALITY TRUST (0001063344) (Issuer)

15-12G - HERSHA HOSPITALITY TRUST (0001063344) (Filer)

EFFECT - HERSHA HOSPITALITY TRUST (0001063344) (Filer)

EFFECT - HERSHA HOSPITALITY TRUST (0001063344) (Filer)

– Founder and Chairman Hasu P. Shah to Retire –– CEO Jay H. Shah to become Executive Chairman –– COO Neil H. Shah to become President and Chief Executive Officer – PHILADELPHIA, Sept. 22, 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 Founder, Hasu P. Shah, intends to retire as Chairman of the Board of Trustees on December 31, 2022, after 38 years with the Company. As part of the planned succession, the Board has selected Chief Executive Officer Jay H. Shah to become Executive Chairman of the Board, and President and Chief Operating O

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, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of luxury and lifestyle hotels in coastal gateway and resort markets, announced that it has set November 8, 2023 as the date for the special meeting of shareholders (the "Special Meeting") to approve the previously announced acquisition by affiliates of KSL Capital Partners, LLC ("KSL"), a leading investor in travel and leisure businesses. The Special Meeting will be held virtually at 9:00am ET at https://web.lumiagm.com/212424894. The record date for the Special Meeting has been set as October 2, 2023. Holders of Hersha's common shares at the close of business on the reco

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

SC 13G/A - HERSHA HOSPITALITY TRUST (0001063344) (Subject)

SC 13G/A - HERSHA HOSPITALITY TRUST (0001063344) (Subject)

SC 13G - HERSHA HOSPITALITY TRUST (0001063344) (Subject)