Hersha reports increased Q3 earnings

Harrisburg-based Hersha Hospitality Trust reported net income of $8.5 million, which is applicable to preferred and common shareholders, for the third quarter.

Harrisburg-based Hersha Hospitality Trust reported net income of $8.5 million, which is applicable to preferred and common shareholders, for the third quarter. This is up from net income of $5.8 million the company reported in the third quarter of 2006.

The real estate investment trust also reported that hotel operating revenues increased to $65.6 million for the third quarter. This is up from $39 million in the same period last year.

Hersha Hospitality shares trade under the tickers symbol HT on the American Stock and Options Exchange.

CPBJ Business Events

2019 Real Estate & Development Symposium

Wednesday, August 07, 2019
2019 Real Estate & Development Symposium

2019 Top 50 Fastest Growing Companies

Monday, September 09, 2019
2019 Top 50 Fastest Growing Companies

2019 Forty Under 40

Monday, October 07, 2019
2019 Forty Under 40

2019 Best Places to Work in PA

Thursday, November 21, 2019
2019 Best Places to Work in PA