Hersha Hospitality

Shares of Hersha Hospitality Trust (NYSE: HT) surged higher by more than 12 percent on Thursday after the company announced it has entered into an agreement with Cindat Capital Management. As part of the agreement, Hersha Hospitality will form a joint venture with Cindat Capital for 7 of its...

Jefferies attended meeting with the management of Hersha Hospitality (NYSE: HT). In a research report published today, Jefferies states, “We believe HT's 2011 outlook reconfirms what other operators consider to be a back-end loaded year, and 2Q has progressed well. We believe HT will benefit...

In a report released this morning, Jefferies & Company said that the strength of Hersha Hospitality Trust's (NYSE: HT) business model during the downturn implies a comparatively modest recovery as the cycle improves. “HT's urban focus should be a key positive, although the limited service...