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Hersha Hospitality Trust (HT)

18.77 Down 0.32(1.68%) Feb 5, 4:02PM EST
|After Hours : 18.97 Up 0.20 (1.07%) Feb 5, 4:43PM EST
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Hersha Hospitality Trust
510 Walnut Street
9th Floor
Philadelphia, PA 19106
United States - Map
Phone: 215-238-1046
Fax: 215-238-0157

Index Membership:N/A
Industry:REIT - Hotel/Motel
Full Time Employees:48

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.

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Corporate Governance 
Hersha Hospitality Trust’s ISS Governance QuickScore as of Feb 1, 2016 is 6. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 5; Compensation: 7.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Hasu P. Shah , 71
Chairman and Pres of Hersha Enterprises Ltd
Mr. Jay H. Shah , 47
Chief Exec. Officer and Trustee
Mr. Neil H. Shah , 42
Pres and Chief Operating Officer
Mr. Ashish R. Parikh CPA, 46
Chief Financial Officer and Assistant Sec.
Mr. Michael R. Gillespie , 43
Chief Accounting Officer, Controller and Assistant Sec.
Amounts are as of Dec 31, 2014 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.
Currency in USD.
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