(Mark your calendars: RealShare Hotels 2011, Sept. 15th in New York City)

PHILADELPHIA-Hersha Hospitality Trust had a good quarter according to their recent quarterly results announced Aug. 4. They are up across the board and anticipating even more growth and a push for rate increases over the rest of the year and into 2012.

“We are pleased with our second quarter operating results and believe that these results are indicative of the strength of our core portfolio and the forwht prospects for the remainder of the year,” said Jay Shah, Hersha’s CEO in a quarterly statement. “The portfolio’s occupancy levels are approaching our historical peaks and have allowed us to strategically focus on pushing Average Daily Rate growth during the quarter.”

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