Hersha Hospitality Trust Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

April 2024 | 50 pages | ID: HAD87ED7CA5BEN
BAC Reports

Abstracts

Hersha Hospitality Trust Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Hersha Hospitality Trust and its competitors. This provides our Clients with a clear understanding of Hersha Hospitality Trust position in the Real Estate Industry.

• The report contains detailed information about Hersha Hospitality Trust that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for Hersha Hospitality Trust. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The Hersha Hospitality Trust financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes Hersha Hospitality Trust competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Hersha Hospitality Trust business.

About Hersha Hospitality Trust

Hersha Hospitality Trust operates as a self-advised real estate investment trust (REIT) in Maryland. The company invests primarily in institutional grade hotels in central business districts, primary suburban office markets and stable destination and secondary markets in the Northeastern United States and select markets on the West Coast.

The company owns the hotels and the investments in joint ventures through the operating partnership, Hersha Hospitality Limited Partnership (HHLP), for which it serves as general partner. The company’s hotels are managed by qualified independent management companies, including Hersha Hospitality Management, L.P. (HHMLP). The company’s wholly owned hotels are leased to 44 New England Management Company (44 New England) its wholly owned taxable REIT subsidiary.

Properties

As of December 31, 2006, the company’s portfolio consisted of 48 wholly owned limited and service properties and 18 limited and service properties in which it has joint venture investments. Of the 18 limited and service properties, in which the company has its joint ventures investments, four are consolidated. The company’s 66 properties, with a total of 8,641 rooms, are located in Arizona, California, Connecticut, Delaware, Maryland, Massachusetts, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island and Virginia and operate under brands, such as Marriott, Courtyard by Marriott, Residence Inn, Fairfield Inn, Hilton, Hilton Garden Inn, Springhill Suites, Hampton Inn, Holiday Inn, Holiday Inn Express, Comfort Inn, Mainstay Suites, Sleep Inn, Hawthorne Suites, Homewood Suites, Four Points by Sheraton and Hyatt Summerfield Suites.

As of December 31, 2006, the company owned interests in 66 hotels, including:

Marriott: Mystic, CT; and Hartford, CT.

Hilton: Hartford, CT.

Courtyard: Alexandria, VA; Scranton, PA; Langhorne, PA; Brookline/Boston, MA; Norwich, CT; South Boston, MA; Wilmington, DE; Warwick, RI; and Ewing/Princeton, NJ.

Hampton Inn: Brookhaven, NY; Philadelphia, PA; Chelsea/Manhattan, NY; Linden, NJ; Hershey, PA; Carlisle, PA; Danville, PA; Selinsgrove, PA; and Herald Square, Manhattan, NY.

Residence Inn: North Dartmouth, MA; Tysons Corner, VA; Danbury, CT; Framingham, MA; Greenbelt, MD; Mystic, CT; Southington, CT; Williamsburg, VA; and Norwood, MA.

Summerfield Suites: White Plains, NY; Bridgewater, NJ; Gaithersburg, MD; Pleasant Hill, CA; Pleasanton, CA; Scottsdale, AZ; and Charlotte, NC.

Homewood Suites: Glastonbury, CT.

Holiday Inn Express: Hauppauge, NY; Cambridge, MA; Hershey, PA; New Columbia, PA; Malvern, PA; Oxford Valley, PA; and South Boston, MA.

Hilton Garden Inn: JFK Airport, NY; Edison, NJ; Glastonbury, CT; and Gettysburg, PA.

Springhill Suites: Waterford, CT and Williamsburg, VA.

Holiday Inn Express & Suites: Harrisburg, PA and King of Prussia, PA.

Four Points – Sheraton: Revere/Boston, MA.

Mainstay: Valley Forge, PA and Frederick, MD.

Holiday Inn: Harrisburg, PA.

Comfort Inn: North Dartmouth, MA; Harrisburg, PA; and Frederick, MD.

Fairfield Inn: Mt. Laurel, NJ; Bethlehem, PA; and Laurel, MD.

Hawthorne Suites: Franklin, MA.

Independent: Wilmington, DE.

Sleep Inn: Valley Forge, PA.

Investment in Joint Ventures

In addition to the direct acquisition of hotels, the company would make investments in hotels through joint ventures with strategic partners. As of December 31, 2006, the company maintains ownership interest in the 18 hotels through joint ventures with third parties, including - Mystic Partners, LLC; HT/PRA Glastonbury, LLC; PRA Suites at Glastonbury, LLC; Hiren Boston, LLC; SB Partners, LLC; Inn America Hospitality at Ewing, LLC; Logan Hospitality Associates, LLC; LTD Associates One, LLC; LTD Associates Two, LLC and Affordable Hospitality Associates, LP

Franchise Agreements

The company’s hotels operate under franchise licenses from national hotel franchisors, including: Marriott International; Hilton Hotels Corporation; Intercontinental Hotel Group; Global Hyatt Corporation; Starwood Hotels; and Choice Hotels International.

Acquisitions

The company primary acquires upper-upscale, upscale, mid-scale and extended-stay hotels in metropolitan markets. The company has acquired, wholly or through joint ventures, a total of 71 hotels, including 19 hotels acquired from entities controlled by its officers or trustees. Of the 19 acquisitions from the entities, 16 were newly constructed or newly renovated by the entities prior to its acquisition.

Since December, 31, 2006, the company has acquired interests in various hotels including - Residence Inn brand located in Langhorne, PA that is wholly owned; Residence Inn brand located in Carlisle, PA that is wholly owned; Holiday Inn Express brand located in Chester, NY that is wholly owned; Hampton Inn brand located in New York (Seaport), NY that is wholly owned; and Holiday Inn Express brand located in New York (Chelsea), NY that is 50% owned by the company.

Tax Status

The company has elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code. As a REIT, the company generally distributes approximately 90% of its net taxable income and would not be subject to federal income tax on income that it distributes to its stockholders.

History

Hersha Hospitality Trust was founded in 1998.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. HERSHA HOSPITALITY TRUST COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. HERSHA HOSPITALITY TRUST BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. HERSHA HOSPITALITY TRUST SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. HERSHA HOSPITALITY TRUST FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. HERSHA HOSPITALITY TRUST COMPETITORS AND INDUSTRY ANALYSIS

5.1. Hersha Hospitality Trust Direct Competitors
5.2. Comparison of Hersha Hospitality Trust and Direct Competitors Financial Ratios
5.3. Comparison of Hersha Hospitality Trust and Direct Competitors Stock Charts
5.4. Hersha Hospitality Trust Industry Analysis
5.4.1. Real Estate Industry Snapshot
  5.4.2. Hersha Hospitality Trust Industry Position Analysis

6. HERSHA HOSPITALITY TRUST NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. HERSHA HOSPITALITY TRUST EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. HERSHA HOSPITALITY TRUST ENHANCED SWOT ANALYSIS²

9. UNITED STATES PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. HERSHA HOSPITALITY TRUST IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. HERSHA HOSPITALITY TRUST PORTER FIVE FORCES ANALYSIS²

12. HERSHA HOSPITALITY TRUST VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

Hersha Hospitality Trust Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Hersha Hospitality Trust 1-year Stock Charts
Hersha Hospitality Trust 5-year Stock Charts
Hersha Hospitality Trust vs. Main Indexes 1-year Stock Chart
Hersha Hospitality Trust vs. Direct Competitors 1-year Stock Charts
Hersha Hospitality Trust Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

Hersha Hospitality Trust Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Hersha Hospitality Trust Key Executives
Hersha Hospitality Trust Major Shareholders
Hersha Hospitality Trust History
Hersha Hospitality Trust Products
Revenues by Segment
Revenues by Region
Hersha Hospitality Trust Offices and Representations
Hersha Hospitality Trust SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Hersha Hospitality Trust Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Hersha Hospitality Trust Capital Market Snapshot
Hersha Hospitality Trust Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Real Estate Industry Statistics
Hersha Hospitality Trust Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Hersha Hospitality Trust Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?