Summary of HERSHA HOSPITALITY TRUST

Item 7.01 Regulation FD Disclosure

Set forth below is certain information regarding the Company's debt maturities which expands upon similar information contained in the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2009.

The following table sets forth the Company's principal repayments and certain adjustments to exclude principal repayments that are not related to debt maturities and to reflect the Company's exercise of each of the options within its discretion and the lender's extension of the maturity of the revolving line of credit (in thousands):

                                2009       2010       2011        2012        2013      Thereafter

Principal repayments due as
of March 31, 2009             $ 48,747   $ 43,828   $ 147,084   $  12,001   $ 25,265   $    482,606

Adjustment for principal
repayments prior to
maturity (1)                    (4,319 )   (6,459 )    (7,251 )    (6,267 )   (3,624 )       27,862
Exercise of Company's
extension options on debt
that is maturing               (12,100 )  (22,000 )   (22,412 )    38,524     17,987              -
Exercise of extension
option on the revolving
line of credit subject to
lender approval                      -          -    (105,321 )   105,321          -              -
Principal repayments on
debt maturities assuming
exercise of extension
options and excluding
amortization                  $ 32,328   $ 15,369   $  12,100   $ 149,579   $ 39,628   $    510,468

(1) Adjustment to exclude principal repayments that are not related to debt maturities, including a $59 adjustment for net amortization of discounts and premiums recorded on debt assumed in the acquisition of certain hotel properties.

The adjustments in the foregoing table reflect the following extensions of debt maturities:

Ж 2009: two one-year extension options, which can be exercised at our discretion, included in the loan agreement on a $12.1 million mortgage obligation, effectively extending maturity from August of 2009 to August of 2011;

Ж 2010: two one-year extension options, which can be exercised at our discretion, included in the loan agreement on a $22.0 million mortgage obligation, effectively extending maturity from May of 2010 to May of 2012;

Ж 2011: two one-year extension options, which can be exercised at our discretion, included in the loan agreement on a $18.0 million mortgage obligation, effectively extending maturity from January of 2011 to January of 2013;

Ж 2011: a one-year extension option, which can be exercised at our discretion, included in the loan agreement on a $7.3 million mortgage obligation, effectively extending maturity from January of 2011 to January of 2012;

Ж 2011: a one-year extension option, which can be exercised at our discretion, included in the loan agreement on a $9.3 million mortgage obligation, effectively extending maturity from July of 2011 to July of 2012; and

Ж 2011: a one-year extension option, which is subject to the lender's approval in its discretion, included in the revolving line of credit agreement, effectively extending maturity from December of 2011 to December of 2012.

The outstanding balance of the line of credit as of March 31, 2009 was $105.3 million. There can be no assurance that the lenders will agree to extend the maturity on the revolving line of credit.

The information in this item shall not be deemed to be "filed" for purposes of
Section 18 of the Exchange Act or otherwise subject to the liability of that section, and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation by reference language contained therein, except as shall be expressly set forth by specific reference in such filing.