Hersha Hospitality Trust to Announce Fourth Quarter 2009 Earnings on February 23, 2010

Hersha Hospitality Trust (NYSE: HT), owner of select service and upscale hotels in major metropolitan markets, announced that the Company will release its financial results for the fourth quarter 2009 after the market closes on Tuesday, February 23, 2010. The Company will host a conference call to discuss its financial results at 9:00 AM Eastern time on Wednesday, February 24, 2010. Hosting the call will be Mr. Jay H. Shah, Chief Executive Officer, Mr. Neil H. Shah, President and Chief Operating Officer, and Mr. Ashish Parikh, Chief Financial Officer.

The live conference call can be accessed by dialing (888) 397-5352 or (719) 457-2729 for international participants. A replay of the call will be available from 12:00 noon Eastern time on February 24, 2010, through midnight Eastern Time on March 10, 2010. The replay can be accessed by dialing (888) 203-1112 or (719) 457-0820 for international participants. The passcode for the call and the replay is 3195495.

About Hersha Hospitality

Hersha Hospitality Trust, a self-advised real estate investment trust, owns interests in 76 hotels, totaling 9,838 rooms, primarily along the Northeast Corridor from Boston to Washington D.C. Hersha also owns hotels in Northern California and Scottsdale, Arizona. Hersha focuses on upscale, mid-scale and extended stay hotels in major metropolitan markets.

Forward Looking Statement

Certain matters within this press release are discussed using forward-looking language as specified in the Private Securities Litigation Reform Act of 1995, and, as such, may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those projected in the forward-looking statement. For a description of these factors, please review the information under the heading “Risk Factors” included in our Annual Report on Form 10-K for the year ended December 31, 2008 filed with the U.S. Securities and Exchange Commission.

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