Hersha Hospitality Trust (“Hersha”, “the Company”) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale hotels in urban gateway markets. The Company’s 49 hotels totaling 7,730 rooms are located in New York, Washington, DC, Boston, Philadelphia, Miami and select markets on the West Coast. Hersha trades under the symbol ‘HT’ on The New York Stock Exchange-Euronext.

Hersha’s unique characteristics favorably position the Company to deliver strong shareholder value and high cash flow for dividend distribution to investors:

High Quality Urban Portfolio – Hersha’s hotels are primarily located in the central business districts and dense metropolitan centers of New York City, Boston, Washington, DC, Philadelphia, Miami, Los Angeles and San Diego. These major urban markets offer the highest growth as they possess multiple demand generators, and reflect corporate travel, consumer taste preferences and increasingly international leisure demand patterns. The Company’s hotels are geared towards corporate and leisure transient customers, which comprise the most attractive consumers of the lodging sector.

Operational Excellence – Hersha meticulously monitors the Company’s operations at the property level, always pursuing opportunities to add value, increase efficiencies and drive performance. Hersha’s asset management track record includes strategic new development that position the portfolio for growth. Furthermore, Hersha continuously seeks to recycle capital via the disposition of mature, lower growth properties into higher growth assets. As a result, Hersha’s hotels generate the highest EBITDA per room in the urban markets where the Company operates.

Focused Geography and Disciplined Growth – Hersha’s unique strategy requires intimate knowledge of urban markets. Accordingly, Hersha only seeks to enter new markets where the Company can drive superior portfolio quality and returns. Hersha’s urban expertise and concentration permits the Company to be selective and pursue growth opportunities in central business districts and dense metropolitan centers where it can leverage operational advantages. Adding hotels to Hersha’s portfolio in existing markets represents a lower risk approach to increase exposure to successful markets and allows the Company to broaden the scope of Hersha’s proven managers with little or no additional overhead.

Seasoned Senior Management – Hersha’s senior management team has worked together since the Company’s Initial Public Offering in 1999, including two lodging cycles as a public company. The depth and breadth of Hersha’s senior management provides the Company with unique local market expertise, as well as a proven ability to deliver value to shareholders across multiple market cycles.

Since its formation, Hersha has outpaced the growth and total returns of comparable hospitality REITs. The Company's young, high quality assets, operational excellence and experienced management combined with a long-term strategy of focused investments in urban markets, industry-wide affiliations and unparalleled hospitality management savvy have positioned Hersha as one of the most recognized names in the hospitality industry.