Shareholders of Series A Preferred Shares should note that the 2012 fourth quarter distribution, which had a record date of January 1, 2013 and was paid on January 15, 2013, will be reported and the taxable portion determined in 2013.Shareholders of Series B Preferred Shares should note that the 2012 fourth quarter distribution, which had a record date of January 1, 2013 and was paid on January 15, 2013, will be reported and the taxable portion determined in 2013. About Hersha Hospitality Trust Hersha Hospitality Trust is a self-advised real estate investment trust, that 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 Statements This press release contains 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 reflected in the forward-looking statement. For a description of these factors, please review the information under the heading “Risk Factors” included in Hersha Hospitality Trust’s Annual Report on Form 10-K for the year ended December 31, 2011, filed with the U.S. Securities Exchange Commission on February 29, 2012 and other documents filed by the Company with the U.S. Securities Exchange Commission.