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    Hersha Hospitality Trust (HT)

    -NYSE
    7.19 Down 0.05(0.69%) Dec 24, 1:05PM 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
    Website: http://www.hersha.com

    Details 
    Index Membership:N/A
    Sector:Financial
    Industry:REIT - Hotel/Motel
    Full Time Employees:49

    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


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    Corporate Governance 
    Hersha Hospitality Trust’s ISS Governance QuickScore as of Dec 1, 2014 is 4. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 4; Compensation: 5.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
     PayExercised
    Mr. Hasu P. Shah , 69
    Chairman and Pres of Hersha Enterprises Ltd
    228.00K0.00
    Mr. Jay H. Shah , 45
    Chief Exec. Officer and Trustee
    1.55M0.00
    Mr. Neil H. Shah , 40
    Pres and Chief Operating Officer
    1.51M0.00
    Mr. Ashish R. Parikh CPA, 44
    Chief Financial Officer and Assistant Sec.
    880.00K0.00
    Mr. Michael R. Gillespie , 41
    Chief Accounting Officer, Controller and Assistant Sec.
    475.00K0.00
    Amounts are as of Dec 31, 2013 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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