Hersha Hospitality Trust Announces Dividends

Hersha Hospitality Trust (NYSE:HT), owner of select service and upscale hotels in major metropolitan markets, today announced that its Board of Trustees declared a cash dividend of $0.50 per Series A Preferred Share for the first quarter ending March 31, 2010. The preferred share dividend is payable April 15, 2010 to holders of record as of April 1, 2010.

The Board of Trustees also declared quarterly cash dividends of $0.05 per Common Share and per Limited Partnership unit for the first quarter ending March 31, 2010. The common share dividend and limited partnership unit distribution are payable on April 15, 2010 to shareholders and unitholders of record on April 1, 2010.

About Hersha Hospitality Trust

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, 2009, filed with the Securities Exchange Commission.

Hersha Hospitality (NYSE:HT)
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