Hersha hospitality trust - amends bank credit facility to access $100 million

Hersha hospitality trust - amends bank credit facility to access $100 million.hersha hospitality trust - obtains full covenant waiver through march 31, 2021.hersha hospitality trust - no changes to interest rate on amended credit facility.hersha hospitality trust - corporate level cost containment resulting in more than 25% savings in sg&a expenses.hersha hospitality trust - suspended operations at 19 of company's 48 hotels.hersha hospitality - 29 hotels that remain open are operating with minimal staff onsite, resulting in a reduction of on-property labor about 80%.
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