Webcast 2009 FBR Capital Markets Fall Investor Conference Tuesday, December 1, 2009, 9:15 AM ET
Hersha Hospitality Trust (HT) is a self-advised real estate investment trust, which owns interests in 77 hotels totaling 9,951 rooms, primarily along the Northeast Corridor from Boston to Washington DC. The Company also owns hotels in Northern California and Scottsdale, Arizona. Hersha focuses on high quality upscale hotels in high barrier to entry markets. More information on the Company and its portfolio of hotels is available on Hersha's Web site at www.hersha.com.
The Company's investment goals are high current cash flow for dividend distribution to shareholders, growth in cash flow through increases in revenues and the capital appreciation in the residual value of investment properties.
Qualification as a REIT under the Internal Revenue Code enables the Company to distribute income to shareholders without federal income tax liability to the Company. Hersha trades under the symbol HT on the New York Stock Exchange.
