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Hersha Hospitality Trust (HT)On Nov 30: 2.63   0.00 (0.00%)  
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Hersha Hospitality Trust
44 Hersha Drive
Harrisburg, PA 17102
United States - Map
Phone: 717-236-4400
Fax: 717-774-7383
Web Site: http://www.hersha.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:REIT - Retail
Full Time Employees:24

BUSINESS SUMMARY 
Hersha Hospitality Trust, a real estate investment trust, engages in the ownership and operation of mid scale limited service hotels in the Eastern United States. As of June 30, 2005, it owned interests in 35 hotels, including 4 hotels owned through joint ventures in Pennsylvania, New York, New Jersey, Maryland, Georgia, Connecticut, and Massachusetts. The company has elected to be taxed as a REIT under the Internal Revenue Code. As a REIT, Hersha would not be subject to income tax to the extent it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1998 and is headquartered in New Cumberland, Pennsylvania.
Key Statistics

COMPANY WEBSITES 
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    CORPORATE GOVERNANCE 
    Hersha Hospitality Trust's Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 48.6% of Russell 3000 companies and 42.9% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Hasu P. Shah , 64
    Chairman and Pres of Hersha Enterprises Ltd
    N/A N/A
    Mr. Jay H. Shah , 40
    Chief Exec. Officer and Trustee
    N/A N/A
    Mr. Neil H. Shah , 35
    Pres and Chief Operating Officer
    N/A N/A
    Mr. Ashish R. Parikh , 39
    Chief Financial Officer
    N/A N/A
    Mr. Michael R. Gillespie , 36
    Chief Accounting Officer
    $ 259.00KN/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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