Hersha Hospitality Trust Names Sandra Cardona as VP of Development & Capital Planning

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. August 30, 2013

Hersha Hospitality Trust Names Sandra Cardona as VP of Development & Capital Planning

Philadelphia - August 30, 2013 - Hersha Hospitality Trust (HT), owner of upscale hotels in urban gateway markets, announced today that Sandra Cardona was named Vice President of Development & Capital Planning. Cardona is responsible for overseeing development, construction and complex renovation projects for the Hersha Trust portfolio.

"Sandra has truly been integral in the growth of Hersha over the past 11 years. She was involved in our first high rise hotel in New York City, then our first boutique properties, and now she heads up the company's capital planning team," said HT President and COO Neil H. Shah. "Her superior fundamental skills in architecture and construction management combined with keen emotional intelligence make her a role model on all levels - Sandra is just as effective leading senior executives through challenging projects, as she is with managing her internal and external teams."

Ms. Cardona has over 15 years of experience in architecture and project management, specializing in hospitality. Most recently she was Senior Director of Development and Capital Planning at Hersha, playing a pivotal role in projects such as the construction of a new 93-room tower at the Courtyard Miami Beach Oceanfront and post-Hurricane Sandy reconstruction of the Holiday Inn Express Wall Street. Before that, she spent five years as the New York City field-based client representative and project manager for the company, on projects including the Hampton Inn Manhattan / Chelsea and NU Hotel Brooklyn. Previously, Ms. Cardona worked at Gene Kaufman Architect, Richardson Sadeki Design Group and Datumzero Design Office.

She received a Bachelor of Architecture (BArch) from Pratt Institute in Brooklyn, NY and began her training at William B. Tabler Architect, where she had critical roles in the gut renovation of The Hotel Roosevelt as well as the downtown Brooklyn Marriott.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to the expected timing of the transaction described above, 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 .

About Hersha Hospitality Trust (HT)

Hersha Hospitality Trust (HT) is a self-advised real estate investment trust, which owns interests in 65 hotels totaling 9,616 rooms, primarily along the Northeast Corridor from Boston to Washington DC. The Company also owns hotels in Southern California, Northern California, Arizona and Miami, Florida. Hersha focuses on high quality upscale hotels in high barrier to entry markets. More information on the Company and its portfolio of hotels is available on Hersha's Web site at www.hersha.com.