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Hersha Hospitality To Announce Second Quarter 2012 Earnings On July 31, 2012

Hersha Hospitality Trust (NYSE: HT), owner of upscale and select service hotels in urban gateway markets, announced that the Company will release its financial results for the second quarter 2012 after the market closes on Tuesday, July 31, 2012. The Company will host a conference call to discuss its financial results at 9:00 AM Eastern time on Wednesday, August 1, 2012. 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.

A live webcast of the conference call will be available online on the Company’s website at www.hersha.com. The conference call can be accessed by dialing (888) 500-6973 or (719) 325-2180 for international participants. A replay of the call will be available from 12:00 noon Eastern Time on August 1, 2012, through midnight Eastern Time on August 15, 2012. The replay can be accessed by dialing (877) 870-5176 or (858) 384-5517 for international participants. The passcode for the call and the replay is 7204605. A replay of the webcast will be available on the Company’s website for a limited time.

About Hersha Hospitality Trust

Hersha Hospitality Trust is a self-advised real estate investment trust, which owns 64 hotels in major urban gateway markets including New York, Washington, Boston, Philadelphia, Los Angeles and Miami totaling 9,221 rooms. HT follows a highly selective investment approach and leverages operational advantage through rigorous and sustainable asset management practices. For further information on the Company visit our website at www.hersha.com.

Forward Looking Statement

Certain matters within this press release are discussed using “forward-looking statements” within the meaning of 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” in Hersha Hospitality Trust’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2011.

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