Hersha to Announce 2Q '08 Earnings on August 5, 2008

. October 14, 2008

JULY 7, 2008. Hersha Hospitality Trust (NYSE: HT) owner of nationally franchised premium full service and select service hotels, announced that the Company will release its financial results for the second quarter of 2008 on Tuesday, August 5, 2008, before the opening of market trading. The Company will host a conference call to discuss its financial results at 10:00 AM Eastern time. 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) 245-1007 or (913) 312-1397 for international participants. A replay of the call will be available from 1:00 PM Eastern time on August 5, 2008, through midnight Eastern time on August 19, 2008. 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 7332814.

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