Latest Hersha Hospitality Trust (HT) Headlines
Hersha Hospitality Trust Announces Dividends
Business Wire - Thu Mar 13, 3:01PM CDT
Hersha Hospitality Trust (NYSE: HT) ("Hersha" or the "Company"), owner of upscale hotels in urban gateway markets, today announced that its Board of Trustees declared a cash dividend of $0.50 per Series B Preferred Share and $0.4297 per Series C Preferred Share for the first quarter ending March 31, 2014. The preferred share dividends are payable April 15, 2014 to holders of record as of April 1, 2014.
Hersha Hospitality Trust signs new expandable credit facility of USD500m
M2 - Tue Mar 11, 3:01AM CDT
Hersha Hospitality Trust (NYSE:HT), a real estate investment trust, closed on a new senior unsecured credit facility (the facility) worth USD500m that is expandable to USD850m, it disclosed on Monday.
Hersha Hospitality Trust Closes $500 Million Senior Unsecured Credit Facility
Business Wire - Mon Mar 10, 7:00AM CDT
Hersha Hospitality Trust (NYSE: HT, "Hersha" or the "Company"), owner of upscale hotels in urban gateway markets, announced that the Company has closed on a new $500 million senior unsecured credit facility (the "Facility") that is expandable to $850 million. The credit facility consists of a $250 million senior unsecured revolving line of credit (the "Revolving Credit Facility") and a $250 million senior unsecured term loan (the "Term Loan"). This new Facility amends and restates the Company's existing $400 million senior secured revolving credit facility.
Hersha Hospitality Trust acquires Hotel Oceana in Santa Barbara for USD41.7m
M2 - Tue Mar 04, 5:00AM CST
A real estate investment trust, Hersha Hospitality Trust (NYSE:HT) closed on the purchase of the Hotel Oceana in Santa Barbara, California for USD41.7m, it revealed on Monday.
Hersha Hospitality Trust Closes Acquisition of the Hotel Oceana in Santa Barbara
Business Wire - Mon Mar 03, 3:15PM CST
Hersha Hospitality Trust (NYSE: HT) ("Hersha" or the "Company"), owner of upscale hotels in urban gateway markets announced that the Company has closed on the purchase of the Hotel Oceana in Santa Barbara, California for $41.7 million.
Hersha Hospitality reports increased net income for FY 2013
M2 - Wed Feb 26, 4:45AM CST
US-based Hersha Hospitality Trust (NYSE:HT), a real estate investment trust, reported on Tuesday a net income applicable to common shareholders of USD32.8m or USD0.16 per diluted share for the full year ended 31 December 2013. This is an increase compared to the net income applicable to common shareholders of USD8.4m or USD0.04 per diluted share in 2012.
WashingtonFirst Bankshares announces cash dividend of USD0.04
M2 - Wed Feb 26, 4:28AM CST
The board of directors of WashingtonFirst Bankshares Inc (NASDAQ:WFBI), the holding company for US-based WashingtonFirst Bank, approved a common stock cash dividend of USD0.04 per share or about USD300,000 on 7.6m shares, the company revealed on Tuesday.
Hersha Hospitality Trust Announces Full-Year and Fourth Quarter 2013 Results
Business Wire - Tue Feb 25, 4:05PM CST
--- Full-Year 2013 Average Daily Rate of $179.70 -
NYSE stocks posting largest volume increases
AP - Mon Feb 24, 5:02PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
Why Hersha Hospitality Trust (HT) Is Up Today
at The Street - Mon Feb 24, 3:13PM CST
Hersha Hospitality Trust (HT) rises after the real estate investment trust announced it would sell one of its New York City hotels. Hersha, which owns upscale urban hotels, announced that it would sell Hotel 373 in midtown Manhattan to an offshore...
Hersha Hospitality Trust to Sell Hotel 373 in Manhattan for $529,000 Per Room
Business Wire - Mon Feb 24, 7:04AM CST
Hersha Hospitality Trust (NYSE:HT, "Hersha" or "the Company"), owner of upscale hotels in urban gateway markets, announced that the Company has entered into a definitive agreement to sell the Hotel 373 located in midtown Manhattan. The 70 room hotel is being sold to an offshore investment group for $37.0 million, or approximately $529,000 per key.
Hersha Hospitality Trust to Report Fourth Quarter 2013 Earnings on February 25, 2014
Business Wire - Mon Feb 03, 8:00AM CST
Hersha Hospitality Trust (NYSE: HT) ("Hersha", the "Company"), owner of upscale hotels in urban gateway markets, announced that the Company will release its financial results for the fourth quarter 2013 after the market close on Tuesday, February 25, 2014. The Company will host a conference call to discuss these results at 9:00 a.m. Eastern Time on Wednesday, February 26, 2014. Hosting the call will be Mr. Jay H. Shah, Chief Executive Officer, Mr. Neil H. Shah, President and Chief Operating Officer, and Mr. Ashish Parikh, Chief Financial Officer.
Hersha Hospitality Trust Announces Dividend Classification for 2013
Business Wire - Fri Jan 17, 4:35PM CST
Hersha Hospitality Trust (NYSE: HT, "Hersha" or "the Company"), owner of upscale hotels in urban gateway markets, announced the tax classification of its Priority Class A Common Share ("Common Shares"), Series A Cumulative Redeemable Preferred Share ("Series A Preferred Shares"), Series B Cumulative Redeemable Preferred Share ("Series B Preferred Shares") and Series C Cumulative Redeemable Preferred Share ("Series C Preferred Shares") distributions for 2013 for Federal income tax reporting purposes. The tax information provided below should not be construed as tax advice and is not a substitute for careful tax planning and analysis. Shareholders should consult their tax advisors as to the tax treatment of the distributions.
Technicals Ahead the Market Bell: CBL & Associates Properties, Hersha Hospitality Trust, Mack-Cali Realty, and Redwood Trust
PR Newswire - Thu Jan 16, 7:01AM CST
Editor Note: For more information about this release, please scroll to bottom.
HHM's Independent Collection Announces Five New Hotels and the Promotion of Foiz Ahmed to Lead the Portfolio
PR Newswire - Tue Jan 07, 12:24PM CST
HHM's Independent Collection, commonly referred to as the iC, has doubled in size over the past 8 months, introducing properties in unique neighborhoods of gateway markets across the country, including South Beach Miami, Santa Barbara, Georgetown and Boston's West End. To lead the portfolio, HHM has identified focused, veteran leadership by promoting Foiz Ahmed to Vice President - Independent Collection, where he will oversee all marketing and branding as well as P&L for the majority of the properties.
Issue of new treasury shares of Biotie Therapies Corp without consideration
Thomson Reuters ONE - Fri Jan 03, 1:00AM CST
BIOTIE THERAPIES CORP. Stock Exchange Release January 3, 2014 at 9.00 am
Hersha Hospitality Trust Closes on Non-Core Portfolio Sale
Business Wire - Thu Dec 19, 7:00AM CST
Hersha Hospitality Trust (NYSE:HT)("Hersha" or "the Company"), owner of upscale hotels in urban gateway markets, announced that the Company has closed on the sale of 12 of 16 hotels included within the non-core hotel portfolio the Company previously announced in September 2013. The sale of the 12 hotels generated gross proceeds, prior to customary closing and transaction costs payable by the Company, of approximately $158.6 million. Proceeds from the sale of the 12 hotels were used to repay approximately $33.0 million of mortgage debt.
Market Momentum: CBL & Associates Properties, Redwood Trust, Mack-Cali Realty, and Hersha Hospitality Trust
PR Newswire - Tue Dec 17, 8:03AM CST
Editor Note: For more information about this release, please scroll to bottom.
Hersha Hospitality Trust Increases Presence in Miami
Business Wire - Tue Dec 17, 7:00AM CST
Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of upscale hotels in urban gateway markets, today announced the Company has entered into a definitive agreement to purchase two Autograph Collection hotels in Miami's South Beach ("South Beach Autograph Portfolio"). The purchase price for the South Beach Autograph Portfolio, which totals 145 rooms, is $50.95 million.
Hersha Hospitality Trust Announces Dividends
Business Wire - Thu Mar 13, 3:01PM CDT
Hersha Hospitality Trust (NYSE: HT) ("Hersha" or the "Company"), owner of upscale hotels in urban gateway markets, today announced that its Board of Trustees declared a cash dividend of $0.50 per Series B Preferred Share and $0.4297 per Series C Preferred Share for the first quarter ending March 31, 2014. The preferred share dividends are payable April 15, 2014 to holders of record as of April 1, 2014.
Hersha Hospitality Trust signs new expandable credit facility of USD500m
M2 - Tue Mar 11, 3:01AM CDT
Hersha Hospitality Trust (NYSE:HT), a real estate investment trust, closed on a new senior unsecured credit facility (the facility) worth USD500m that is expandable to USD850m, it disclosed on Monday.
Hersha Hospitality Trust Closes $500 Million Senior Unsecured Credit Facility
Business Wire - Mon Mar 10, 7:00AM CDT
Hersha Hospitality Trust (NYSE: HT, "Hersha" or the "Company"), owner of upscale hotels in urban gateway markets, announced that the Company has closed on a new $500 million senior unsecured credit facility (the "Facility") that is expandable to $850 million. The credit facility consists of a $250 million senior unsecured revolving line of credit (the "Revolving Credit Facility") and a $250 million senior unsecured term loan (the "Term Loan"). This new Facility amends and restates the Company's existing $400 million senior secured revolving credit facility.
Hersha Hospitality Trust acquires Hotel Oceana in Santa Barbara for USD41.7m
M2 - Tue Mar 04, 5:00AM CST
A real estate investment trust, Hersha Hospitality Trust (NYSE:HT) closed on the purchase of the Hotel Oceana in Santa Barbara, California for USD41.7m, it revealed on Monday.
Hersha Hospitality Trust Closes Acquisition of the Hotel Oceana in Santa Barbara
Business Wire - Mon Mar 03, 3:15PM CST
Hersha Hospitality Trust (NYSE: HT) ("Hersha" or the "Company"), owner of upscale hotels in urban gateway markets announced that the Company has closed on the purchase of the Hotel Oceana in Santa Barbara, California for $41.7 million.
Hersha Hospitality reports increased net income for FY 2013
M2 - Wed Feb 26, 4:45AM CST
US-based Hersha Hospitality Trust (NYSE:HT), a real estate investment trust, reported on Tuesday a net income applicable to common shareholders of USD32.8m or USD0.16 per diluted share for the full year ended 31 December 2013. This is an increase compared to the net income applicable to common shareholders of USD8.4m or USD0.04 per diluted share in 2012.
WashingtonFirst Bankshares announces cash dividend of USD0.04
M2 - Wed Feb 26, 4:28AM CST
The board of directors of WashingtonFirst Bankshares Inc (NASDAQ:WFBI), the holding company for US-based WashingtonFirst Bank, approved a common stock cash dividend of USD0.04 per share or about USD300,000 on 7.6m shares, the company revealed on Tuesday.
Hersha Hospitality Trust Announces Full-Year and Fourth Quarter 2013 Results
Business Wire - Tue Feb 25, 4:05PM CST
--- Full-Year 2013 Average Daily Rate of $179.70 -
NYSE stocks posting largest volume increases
AP - Mon Feb 24, 5:02PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
Why Hersha Hospitality Trust (HT) Is Up Today
at The Street - Mon Feb 24, 3:13PM CST
Hersha Hospitality Trust (HT) rises after the real estate investment trust announced it would sell one of its New York City hotels. Hersha, which owns upscale urban hotels, announced that it would sell Hotel 373 in midtown Manhattan to an offshore...
Hersha Hospitality Trust to Sell Hotel 373 in Manhattan for $529,000 Per Room
Business Wire - Mon Feb 24, 7:04AM CST
Hersha Hospitality Trust (NYSE:HT, "Hersha" or "the Company"), owner of upscale hotels in urban gateway markets, announced that the Company has entered into a definitive agreement to sell the Hotel 373 located in midtown Manhattan. The 70 room hotel is being sold to an offshore investment group for $37.0 million, or approximately $529,000 per key.
Hersha Hospitality Trust to Report Fourth Quarter 2013 Earnings on February 25, 2014
Business Wire - Mon Feb 03, 8:00AM CST
Hersha Hospitality Trust (NYSE: HT) ("Hersha", the "Company"), owner of upscale hotels in urban gateway markets, announced that the Company will release its financial results for the fourth quarter 2013 after the market close on Tuesday, February 25, 2014. The Company will host a conference call to discuss these results at 9:00 a.m. Eastern Time on Wednesday, February 26, 2014. Hosting the call will be Mr. Jay H. Shah, Chief Executive Officer, Mr. Neil H. Shah, President and Chief Operating Officer, and Mr. Ashish Parikh, Chief Financial Officer.
Hersha Hospitality Trust Announces Dividend Classification for 2013
Business Wire - Fri Jan 17, 4:35PM CST
Hersha Hospitality Trust (NYSE: HT, "Hersha" or "the Company"), owner of upscale hotels in urban gateway markets, announced the tax classification of its Priority Class A Common Share ("Common Shares"), Series A Cumulative Redeemable Preferred Share ("Series A Preferred Shares"), Series B Cumulative Redeemable Preferred Share ("Series B Preferred Shares") and Series C Cumulative Redeemable Preferred Share ("Series C Preferred Shares") distributions for 2013 for Federal income tax reporting purposes. The tax information provided below should not be construed as tax advice and is not a substitute for careful tax planning and analysis. Shareholders should consult their tax advisors as to the tax treatment of the distributions.
Technicals Ahead the Market Bell: CBL & Associates Properties, Hersha Hospitality Trust, Mack-Cali Realty, and Redwood Trust
PR Newswire - Thu Jan 16, 7:01AM CST
Editor Note: For more information about this release, please scroll to bottom.
HHM's Independent Collection Announces Five New Hotels and the Promotion of Foiz Ahmed to Lead the Portfolio
PR Newswire - Tue Jan 07, 12:24PM CST
HHM's Independent Collection, commonly referred to as the iC, has doubled in size over the past 8 months, introducing properties in unique neighborhoods of gateway markets across the country, including South Beach Miami, Santa Barbara, Georgetown and Boston's West End. To lead the portfolio, HHM has identified focused, veteran leadership by promoting Foiz Ahmed to Vice President - Independent Collection, where he will oversee all marketing and branding as well as P&L for the majority of the properties.
Issue of new treasury shares of Biotie Therapies Corp without consideration
Thomson Reuters ONE - Fri Jan 03, 1:00AM CST
BIOTIE THERAPIES CORP. Stock Exchange Release January 3, 2014 at 9.00 am
Hersha Hospitality Trust Closes on Non-Core Portfolio Sale
Business Wire - Thu Dec 19, 7:00AM CST
Hersha Hospitality Trust (NYSE:HT)("Hersha" or "the Company"), owner of upscale hotels in urban gateway markets, announced that the Company has closed on the sale of 12 of 16 hotels included within the non-core hotel portfolio the Company previously announced in September 2013. The sale of the 12 hotels generated gross proceeds, prior to customary closing and transaction costs payable by the Company, of approximately $158.6 million. Proceeds from the sale of the 12 hotels were used to repay approximately $33.0 million of mortgage debt.
Market Momentum: CBL & Associates Properties, Redwood Trust, Mack-Cali Realty, and Hersha Hospitality Trust
PR Newswire - Tue Dec 17, 8:03AM CST
Editor Note: For more information about this release, please scroll to bottom.
Hersha Hospitality Trust Increases Presence in Miami
Business Wire - Tue Dec 17, 7:00AM CST
Hersha Hospitality Trust (NYSE:HT) ("Hersha" or the "Company"), owner of upscale hotels in urban gateway markets, today announced the Company has entered into a definitive agreement to purchase two Autograph Collection hotels in Miami's South Beach ("South Beach Autograph Portfolio"). The purchase price for the South Beach Autograph Portfolio, which totals 145 rooms, is $50.95 million.
