- First Quarter 2023 Net Loss of $(0.38) Per Share -
- First Quarter 2023 Adjusted Funds from Operations1 of $0.02 Per Share -
- Comparable Excluding Renovations Portfolio Growth to the First Quarter 2019 -
- ADR Growth of 20.9% -
- EBITDA Growth of 18.9% -
- EBITDA Margin Growth of 196 bps -
PHILADELPHIA, April 26, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha,” “Company,” “we” or “our”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced results for the first quarter ended March31, 2023.