Hersha Hospitality (NYSE:HT) is well-positioned to outperform the market in both the near term and long term. Its near-term catalyst is the 2nd quarter earnings report (to come out on July 30th) which will likely be very strong due to the performance of hotels in its submarkets. The long-term catalysts for its outperformance are fourfold:
We will explore each of these in more depth, but let us begin with the near-term catalyst.
Likely strength of HT's upcoming earnings report
LaSalle Hotel (NYSE:LHO) announced strong 2nd quarter earnings last night (7/17/13) with RevPAR (revenue per available room) growth of 6.7%....
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