Hersha Hospitality Trust Announces Dividends on Common and Preferred Stocks

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Hersha Hospitality Trust (NYSE: HT), owner of select service and upscale hotels in major metropolitan markets, today announced that its Board of Trustees declared a cash dividend of $0.50 per Series A Preferred Share for the fourth quarter ending December 31, 2010. The preferred share dividend is payable January 17, 2011 to holders of record as of January 1, 2011. The Board of Trustees also declared quarterly cash dividends of $0.05 per Common Share and per Limited Partnership unit for the fourth quarter ending December 31, 2010. The common share dividend and limited partnership unit distribution are payable January 17, 2011 to holders of record as of January 4, 2011.

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