Brief: Hersha Hospitality Trust Reports Q1 Adj FFO Loss Per Share Of $0.06

Hersha Hospitality Trust

06/05/2020 23:19

May 6 (Reuters) - Hersha Hospitality Trust  HT.N :
    * ANNOUNCES FIRST QUARTER 2020 RESULTS
    * Q1 ADJUSTED FFO LOSS PER SHARE $0.06
    * OBTAINS FULL FINANCIAL COVENANT WAIVER THROUGH MARCH 31,
2021
    * AMENDS BANK CREDIT FACILITY TO ACCESS ADDITIONAL $100
MILLION
    * REVENUE PER AVAILABLE ROOM AT COMPANY'S 38 COMPARABLE
HOTELS
DECREASED 22.4% TO $127.25 IN Q1 2020
    * HAS SUSPENDED ITS FULL-YEAR 2020 GUIDANCE

Source text for Eikon:  ID:nGNX3h67zK 
Further company coverage:  HT.N 

 (Reuters.Briefs@thomsonreuters.com)