Hersha Hospitality Trust

NYSE:HT Stock Report

Market Cap: US$482.9m

Hersha Hospitality Trust Management

Management criteria checks 3/4

Hersha Hospitality Trust's CEO is Neil Shah, appointed in Jan 2006, has a tenure of 17.83 years. total yearly compensation is $4.29M, comprised of 18.6% salary and 81.4% bonuses, including company stock and options. directly owns 6.97% of the company’s shares, worth $33.66M. The average tenure of the management team and the board of directors is 17.8 years and 14.4 years respectively.

Key information

Neil Shah

Chief executive officer

US$4.3m

Total compensation

CEO salary percentage18.6%
CEO tenure17.8yrs
CEO ownership7.0%
Management average tenure17.8yrs
Board average tenure14.4yrs

Recent management updates

Recent updates

Hersha Hospitality: A Buyout Is A Good Time To Cash Out

Aug 29

Hersha Hospitality Trust: Undervalued But Financial Performance A Concern

Jun 20

Hersha Hospitality Trust: Resilient Portfolio With A Promising Future

Jun 12

Hersha Hospitality FFO of $0.34 misses by $0.02, revenue of $96.47M in-line

Feb 15

Hersha Hospitality declares $0.05 dividend & special dividend of $0.50 per common share

Dec 15

Hersha Hospitality reinstates quarterly dividend

Sep 19

Hersha Hospitality Trust to sell two West Coast properties for $125M

Sep 12

Hersha Hospitality Trust refinances $500M credit facility

Aug 05

Big Changes Have Made Hersha Hospitality Trust A Worthwhile Prospect

Jun 05

Hersha Hospitality: Learn From My Falling In Love With A Stock

Jan 12

Hersha Hospitality: Weighed Down By Debt, The Preferreds Are The Best Way To Tap Into Cash Flows

Oct 18

Hersha Hospitality Trust: Improvements Are Encouraging

Jul 26

Hersha Hospitality Trust (HT) Investor Presentation - Slideshow

Jun 09

Hersha Hospitality FFO beats by $0.11, beats on revenue

Apr 28

Is Hersha Hospitality Trust's (NYSE:HT) Shareholder Ownership Skewed Towards Insiders?

Feb 10
Is Hersha Hospitality Trust's (NYSE:HT) Shareholder Ownership Skewed Towards Insiders?

CEO Compensation Analysis

How has Neil Shah's remuneration changed compared to Hersha Hospitality Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

US$8m

Jun 30 2023n/an/a

US$128m

Mar 31 2023n/an/a

US$129m

Dec 31 2022US$4mUS$800k

US$121m

Sep 30 2022n/an/a

US$77m

Jun 30 2022n/an/a

-US$57m

Mar 31 2022n/an/a

-US$88m

Dec 31 2021US$5mUS$775k

-US$63m

Sep 30 2021n/an/a

-US$89m

Jun 30 2021n/an/a

-US$120m

Mar 31 2021n/an/a

-US$159m

Dec 31 2020US$3mUS$452k

-US$189m

Sep 30 2020n/an/a

-US$155m

Jun 30 2020n/an/a

-US$112m

Mar 31 2020n/an/a

-US$45m

Dec 31 2019US$3mUS$775k

-US$29m

Sep 30 2019n/an/a

-US$23m

Jun 30 2019n/an/a

-US$21m

Mar 31 2019n/an/a

-US$14m

Dec 31 2018US$5mUS$750k

-US$15m

Sep 30 2018n/an/a

-US$26m

Jun 30 2018n/an/a

-US$25m

Mar 31 2018n/an/a

US$42m

Dec 31 2017US$5mUS$725k

US$75m

Sep 30 2017n/an/a

US$91m

Jun 30 2017n/an/a

US$97m

Mar 31 2017n/an/a

US$125m

Dec 31 2016US$3mUS$706k

US$95m

Compensation vs Market: Neil's total compensation ($USD4.29M) is above average for companies of similar size in the US market ($USD2.23M).

Compensation vs Earnings: Neil's compensation has been consistent with company performance over the past year.

CEO

Neil Shah (49 yo)

17.8yrs

Tenure

US$4,294,751

Compensation

Mr. Neil H. Shah serves as Chief Executive Officer and Director of Hersha Hospitality Trust since January 1, 2023. Mr. Shah has been President of Hersha Hospitality Trust since January 1, 2006. He was Chie...

Leadership Team

NamePositionTenureCompensationOwnership
Jay Shah
Executive Chairman of Board17.8yrsUS$4.38m7.18%
$ 34.7m
Neil Shah
President17.8yrsUS$4.29m6.97%
$ 33.7m
Ashish Parikh
CFO, Executive VP & Assistant Secretary24.8yrsUS$2.82m0.75%
$ 3.6m
Michael Gillespie
Chief Accounting Officer18.4yrsUS$1.26m0%
$ 0
Andrew Tamaccio
Director of Finance & Investor Relationno datano datano data
Stephanie Galli
Senior Vice President & General Counselno datano datano data
William Walsh
Senior Vice President of Asset Managementless than a yearno datano data
Chris Doyle
Senior Vice President of Asset Managementless than a yearno datano data
Chas Hyatt
Senior Vice President of Acquisitions & Developmentless than a yearno datano data
David Desfor
Treasurer & Corporate Secretary20.9yrsno data0.014%
$ 68.3k
Bharat Mehta
Executive Officerno datano datano data
Melissa Hauser
Director of Acquisitions and Director of Asset Management18.8yrsno datano data

17.8yrs

Average Tenure

53.5yo

Average Age

Experienced Management: HT's management team is seasoned and experienced (17.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jay Shah
Executive Chairman of Board17.8yrsUS$4.38m7.18%
$ 34.7m
Neil Shah
Presidentless than a yearUS$4.29m6.97%
$ 33.7m
Michael Leven
Independent Trustee11.5yrsUS$259.53k0.37%
$ 1.8m
Donald Landry
Lead Independent Trustee22.6yrsUS$307.78k0.48%
$ 2.3m
Hasu Shah
Chairman Emeritusno dataUS$774.42k1.77%
$ 8.6m
Dianna Morgan
Independent Trustee13.6yrsUS$246.27k0.29%
$ 1.4m
Thomas Hutchison
Independent Trustee15.2yrsUS$347.76k0.48%
$ 2.3m
Jackson Hsieh
Independent Trustee6.4yrsUS$320.28k0.39%
$ 1.9m
John Sabin
Independent Trustee20.4yrsUS$284.77k0.31%
$ 1.5m

14.4yrs

Average Tenure

71yo

Average Age

Experienced Board: HT's board of directors are seasoned and experienced ( 14.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/11/29 04:51
End of Day Share Price 2023/11/27 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hersha Hospitality Trust is covered by 24 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael BellisarioBaird
Felicia Kantor HendrixBarclays
John KimBMO Capital Markets Equity Research