�Both hotels are less than a year old, in great physical condition and include many enhancements over and above their brand�s prototypical standards,� said Hasu P. Shah, Hersha CEO.  �The properties are ideally located between our hotel clusters in New York and Philadelphia and possess strong barriers to new competition.  Additionally, the acquisitions further our strategy of purchasing three- to four-star, institutional-grade assets between the Boston metro and Washington D.C. metro markets.  We look forward to the opportunity to expand our relationship with American Properties Realty and other leading hotel developers that operate in the same segments.�

Located at 50 Raritan Center Parkway in Edison, N.J., the 132-room Hilton Garden Inn is situated within the Raritan Center Commercial Park and is walking distance of the New Jersey Convention and Exhibition Center and a short driving distance from downtown Newark, Newark International Airport and Manhattan.  The hotel offers 5,000 square feet of meeting space, the Garden Café that serves breakfast, lunch and dinner, indoor swimming pool, whirlpool, 24-hour business center, fitness center, coin laundry, the Pavilion Pantry and complimentary shuttle service.  Rooms are equipped with free high speed Internet access, two telephones with voicemail, mini-refrigerator, microwave, iron and ironing board, large work desk and data port.
 
The 148-room Hampton Inn Newark-Linden is located just five miles from Newark Liberty International Airport, adjacent to Linden Airport and minutes from New York City.  Hotel amenities include free high speed Internet access, 1,000 square feet of meeting space, outdoor swimming pool, fitness center, coin laundry, and shuttle service.  Each room provides two telephones with voicemail, hair dryer, iron and ironing board.  Some rooms are equipped with a mini-refrigerator and Jacuzzi.

Hersha Hospitality Trust is a self-advised real estate investment trust that owns premium limited-service and full-service hotels in the northeastern United States with leading national franchise affiliations.  The company focuses on acquisition and joint venture opportunities in primary and secondary markets near or in major metropolitan markets. The company currently owns 21 hotels in New York, Pennsylvania, Maryland and Georgia. 

Certain matters within this press release are discussed using forward-looking language as specified in the Private Securities Litigation Reform Act of 1995.