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Hersha Hospitality Trust (HT)


NYSE - NYSE Delayed Price. Currency in USD
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18.70-0.20 (-1.06%)
At close: 4:02PM EDT

18.70 0.00 (0.00%)
After hours: 4:06PM EDT

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Hersha Hospitality Trust

510 Walnut Street
9th Floor
Philadelphia, PA 19106
United States
215-238-1046
http://www.hersha.com

SectorFinancial
IndustryREIT - Hotel/Motel
Full Time Employees49

Key Executives

NameTitlePayExercisedAge
Mr. Hasu P. ShahChairman and Pres of Hersha Enterprises LTDN/AN/A72
Mr. Jay H. ShahChief Exec. Officer and TrusteeN/AN/A48
Mr. Neil H. ShahPres and Chief Operating OfficerN/AN/A43
Mr. Ashish R. Parikh CPAChief Financial Officer and Assistant Sec.N/AN/A47
Mr. Michael R. GillespieChief Accounting Officer, Controller and Assistant Sec.N/AN/A44
Amounts are as of December 31, 2016 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.

Description

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.

Corporate Governance

Hersha Hospitality Trust’s ISS Governance QualityScore as of May 1, 2017 is 4. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 5; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.