Hersha Hospitality Trust Announces First Quarter 2016 Results

PHILADELPHIA–(BUSINESS WIRE)–Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of upscale hotels in urban gateway markets, today announced results for the first quarter ended March 31, 2016. First Quarter 2016 Financial Results Adjusted Funds from Operations (“AFFO”) per diluted common share and OP Unit was $0.28 in first quarter 2016, a 7.7% increase from AFFO of $0.26 per diluted common share and OP Unit reported in first quarter 2015. AFFO in first quarter 2016 decreas





Source: BusinessWire-Construction

Hersha Hospitality Trust Announces First Quarter 2016 Results