Hersha Hospitality Trust


HT

Price

9.03


Change

-0.01


High

9.33


Low

8.95


Avg Volume

314,346


PE Ratio

-2.95


52 Week High

13.05


52 Week Low

4.7



Profile

Hersha Hospitality Trust is a real estate investment trust that invests in hotels. The company is named after the wife of the founder. It is organized in Maryland, with its principal office 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. In January 1979, Indian-American immigrant Hasu P. Shah and his wife, Hersha, bought an 11-room motel near Harrisburg, Pennsylvania.


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