Hersha Hospitality traded at $9.99 this Monday November 27th, decreasing $0.01 or 0.10 percent since the previous trading session. Looking back, over the last four weeks, Hersha Hospitality lost 0.81 percent. Over the last 12 months, its price rose by 6.62 percent. Looking ahead, we forecast Hersha Hospitality to be priced at 9.69 by the end of this quarter and at 8.84 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hersha Hospitality Trust is a self-advised Maryland real estate investment trust (REIT). The Company’s portfolio consists of properties with a total of approximately 5,912 rooms, one hotel owned through a consolidated joint venture with a total of approximately 115 rooms, and interests in 10 limited-service properties owned through joint venture investments with a total of approximately 1,555 rooms. These properties, with a total of approximately 7,582 rooms, are located in California, Connecticut, District of Columbia, Florida, Maryland, Massachusetts, New York, Pennsylvania, and Washington and operate under brands owned by Marriott International, Inc. (Marriott), Hilton Worldwide, Inc. (Hilton), InterContinental Hotels Group (IHG), Hyatt Corporation (Hyatt), and Pan Pacific Hotels and Resorts (Pan Pacific). In addition, some of its hotels operate as independent hotels.