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Hersha Hospitality Trust  (HT)
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What are Hersha Hospitality Trust's Business Segments?



Segments:

Hersha Hospitality Trust (HHT) operates in the hospitality industry and has a portfolio of hotels in urban gateway markets in the United States. They have properties in four different segments:

1. Luxury: HHT has luxury hotels that offer premium amenities and services including spas, fine dining, fitness centers, and more. These hotels are typically located in major cities and cater to high-end customers.

2. Lifestyle: HHT has lifestyle hotels that offer a unique experience to guests. These properties often have a specific theme, such as art or music, and feature trendy design elements, local cuisine, and social spaces. They are targeted toward millennial travelers seeking unique and authentic experiences.

3. Urban Upscale: HHT has urban upscale hotels that offer modern amenities in convenient locations. These hotels are typically located in city centers, near popular attractions, and are designed for both leisure and business travelers.

4. Extended Stay: HHT has extended stay hotels that cater to guests requiring accommodations for extended periods of time. These properties feature larger suites with fully equipped kitchens and laundry facilities, making them ideal for long-term stays.

Products:

HHT offers a range of products to suit the needs of different guests, including:

1. Guest Rooms: HHT properties have a range of guest rooms to suit different preferences and budgets. They offer standard rooms, suites, and premium rooms with extra amenities.

2. Meeting and Event Spaces: HHT properties have a range of meeting and event spaces suitable for small meetings, conferences, and weddings. They offer catering, audiovisual equipment, and event planning services.

3. Food and Beverage: HHT properties offer a range of dining options, including restaurants, bars, and room service. They offer a variety of cuisines, from fine dining to casual pub fare, and cater to different dietary needs.

4. Spa and Fitness: HHT properties offer various fitness amenities including gyms, yoga studios, and swimming pools. They also offer spa services such as massages, facials, and beauty treatments.

Services:

HHT offers a range of services to enhance guest experience and ensure a comfortable stay:

1. 24/7 Front Desk: HHT properties have 24/7 front desk services to assist guests with check-in/check-out, luggage storage, and any other needs they may have.

2. Complimentary Wi-Fi: HHT properties offer complimentary Wi-Fi to all guests, ensuring they can stay connected during their stay.

3. Business Services: HHT properties offer business services such as printing, scanning, and faxing for guests who need to stay connected with work during their stay.

4. Concierge Services: HHT properties offer concierge services to assist guests with planning their itinerary, booking tours, and making reservations at restaurants, shows, and other attractions.

5. Housekeeping: HHT properties offer daily housekeeping services to ensure guest rooms are clean and comfortable during their stay.

Overall, Hersha Hospitality Trust offers a range of segments, products, and services to cater to different guests' preferences and needs. They strive to provide a comfortable and enjoyable experience for all guests, whether they are traveling for business or pleasure.
   

Hersha Hospitality Trust Tax Rate Companies within the Real Estate Investment Trusts Industry


Business Segments Q3
Revenues
(in millions $)
Q3
Income
(in millions $)
(Sep 30 2023)
%
(Profit Margin)
Total 91.98 0.95 1.03 %

Growth rates by Segment Q3
Y/Y Revenue
%
(Sep 30 2023)
Q/Q Revenue
%
Q3
Y/Y Income
%
(Sep 30 2023)
Q/Q Income
%
Total -11.76 % -5.96 % -99.3 % -84.03 %

To get more information on Hersha Hospitality Trust's Total segment. Select each division with the arrow.


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