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Hersha Hospitality revenue
Hersha Hospitality's revenue is $405.9 million.
What is Hersha Hospitality's revenue?
- Hersha Hospitality's revenue growth from 2014 to 2022 is -2.76%.
- Hersha Hospitality has 1,064 employees, and the revenue per employee ratio is $381,460.
- Hersha Hospitality's peak quarterly revenue was $147.5M in 2019(q2).
- Hersha Hospitality peak revenue was $530.0M in 2019.
- Hersha Hospitality annual revenue for 2021 was 296.0M, 67.55% growth from 2020.
- Hersha Hospitality annual revenue for 2022 was 405.9M, 37.12% growth from 2021.
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Hersha Hospitality historical revenue
Hersha Hospitality's peak revenue was $530.0M in 2019. The peak quarterly revenue was $147.5M in 2019(q2).
Hersha Hospitality's revenue increased from $417.4m in 2014 to $405.9M currently. That's a -2.76% change in annual revenue.
Hersha Hospitality annual revenue
Hersha Hospitality annual revenue over time
| Fiscal Year / Year | Hersha Hospitality Revenue |
|---|---|
| 2014 | $417.4M |
| 2015 | $470.4M |
| 2016 | $466.6M |
| 2017 | $498.2M |
| 2018 | $495.1M |
| 2019 | $530.0M |
| 2020 | $176.7M |
| 2021 | $296.0M |
| 2022 | $405.9M |
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Hersha Hospitality annual growth
Hersha Hospitality saw the greatest revenue growth in 2021, when revenue increased by 67.55%.
Hersha Hospitality had the lowest revenue growth in 2020, when revenue changed by -66.67%.
Hersha Hospitality annual growth rate over time
| Year | Hersha Hospitality Growth |
|---|---|
| 2015 | 13%↑ |
| 2016 | -1%↓ |
| 2017 | 7%↑ |
| 2018 | -1%↓ |
| 2019 | 7%↑ |
| 2020 | -67%↓ |
| 2021 | 68%↑ |
| 2022 | 37%↑ |
Hersha Hospitality quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Hersha Hospitality quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2014 | - | - | - | $112.9M |
| 2015 | $95.7M | $127.0M | $124.5M | $123.1M |
| 2016 | $106.9M | $127.7M | $120.6M | $111.4M |
| 2017 | $108.0M | $138.0M | $129.6M | $122.6M |
| 2018 | $99.6M | $133.8M | $127.9M | $133.7M |
| 2019 | $114.8M | $147.5M | $135.0M | $132.7M |
| 2020 | $90.1M | $17.4M | $33.7M | $35.3M |
| 2021 | $47.2M | $70.1M | $85.3M | $93.5M |
| 2022 | $81.9M | $123.3M | $104.2M | $96.5M |
| 2023 | $75.2M | $97.8M | $92.0M | - |
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Hersha Hospitality Financial Information
| CEO | Naveen P. Kakarla |
| Company Type | Private |
| Employees Number | 1,064 |
| Date Founded | 1984 |
| Headquarters | Harrisburg, Pennsylvania |
| Number of Locations | 9 |
| Revenue | $405.9M |
| Net Income | $146,722,000 |
| Gross Proft | $294.0M (2022) |
| EBITDA | $263.4M (2022) |
| Tax Rate | 0.0% |
| Total Assets | $1,488,877,000 |
| Ticker | HT |
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Hersha Hospitality competitors
Hersha Hospitality's top competitor, Interstate Hotels & Resorts, earned an annual revenue of $1.7B.
Hersha Hospitality's smallest competitor is Harmony Hospitality with revenue of $480.0K last year.
| Company Name | Average Salary | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| Concord Hospitality | $37,662 | $270.0M | 5,000 | 400 |
| TMI Hospitality | $37,970 | $570.0M | 7,500 | - |
| Pillar Hotels | $46,224 | $50.0M | 7,500 | - |
| Hyatt Place Waikiki Beach | $31,579 | $72.0M | 50 | - |
| Interstate Hotels & Resorts | $48,218 | $1.7B | 19,060 | 80 |
| Kimpton Hotels & Restaurants | $45,359 | $1.0B | 8,135 | 597 |
| Sonesta Hotels | $36,320 | $360.0M | 2,500 | 611 |
| John Q. Hammons Hotels & Resorts | $49,862 | $284.9M | 5,000 | - |
| Crestline Hotels & Resorts | $46,148 | $68.0M | 250 | 1 |
| White Lodging | $43,317 | $340.0M | 3,510 | 4 |
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Zippia gives an in-depth look into the details of Hersha Hospitality, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Hersha Hospitality. The employee data is based on information from people who have self-reported their past or current employments at Hersha Hospitality. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Hersha Hospitality. The data presented on this page does not represent the view of Hersha Hospitality and its employees or that of Zippia.
Hersha Hospitality may also be known as or be related to HHM, Hersha Hospitality, Hersha Hospitality Management and Hersha Hospitality Management, LP.