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Financial Snapshot

Revenue
TTM
$361.4M
Gross Margin
TTM
29.58%
Net Income
TTM
$30.06M
Current Assets
2023 Q3
$164.4M
Current Liabilities
2023 Q3
$68.70M
Current Ratio
2023 Q3
239.3%
Total Assets
2023 Q3
Total Liabilities
2023 Q3
Book Value
2023 Q3
$737.4M
Cash
2023 Q3
P/E
TTM
13.39
Free Cash Flow
TTM
$22.76M

Stock Price

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Market Cap: $402.56 Million

About HERSHA HOSPITALITY TRUST

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.

Industry: Real Estate Investment Trusts Peers: Braemar Hotels & Resorts Inc Ashford Hospitality Trust Inc Chatham Lodging Trust Diamondrock Hospitality Co Host Hotels and Resorts, Inc Service Properties Trust Sotherly Hotels Inc Summit Hotel Properties Inc

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