Hersha Hospitality Trust (HT) functions as a self-managed real estate investment trust (REIT) with a focus on the hospitality industry. The company is engaged in acquiring and overseeing high-end upscale and lifestyle hotels, which are strategically situated in prominent urban centers and desirable resort destinations. HT's portfolio consists of 49 hotel properties, collectively offering 7,774 guest rooms, spread across significant markets such as New York, Washington, D.