{"version":"1.0","provider_name":"Market Newsdesk","provider_url":"https:\/\/www.marketnewsdesk.com","author_name":"Newsdesk","author_url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/","title":"Hersha Hospitality Trust Provides Operational Update - Market Newsdesk","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"I4zhRtzyRY\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hersha-hospitality-trust-provides-operational-update\/\">Hersha Hospitality Trust Provides Operational Update<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.marketnewsdesk.com\/index.php\/hersha-hospitality-trust-provides-operational-update\/embed\/#?secret=I4zhRtzyRY\" width=\"600\" height=\"338\" title=\"&#8220;Hersha Hospitality Trust Provides Operational Update&#8221; &#8212; Market Newsdesk\" data-secret=\"I4zhRtzyRY\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.marketnewsdesk.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"&#8211; February Results Outperform Forecasts &#8211; &#8211; Asset Sale Closings for Two Hotels &#8211; &#8211; Announces First Quarter and Accrued Preferred Dividend Distribution &#8211; PHILADELPHIA, March 09, 2021 (GLOBE NEWSWIRE) &#8212; Hersha Hospitality Trust (NYSE: HT) (\u201cHersha\u201d or the \u201cCompany\u201d), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced an update for previously announced asset sales and operational results in February 2021. February Operating Results Revenues exceeded internal forecasts by over 20% Second-consecutive month of positive property-level cash flow 51.2% occupancy across New York City portfolio 69.4% occupancy in South Florida\u2022\u00a076.5% occupancy at Parrot Key Hotel &amp; Villas\u2022\u00a074.6% occupancy at Cadillac Hotel &amp; Beach Club Year-over-year ADR growth achieved at California and Key West resorts\u2022\u00a044.1% &hellip; Continue reading \"\"","thumbnail_url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NzEyMyM0MDU1OTQ2IzIwMDk4ODY="}