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The Board of Trustees also declared quarterly cash dividends of $0.05 per Common Share and per Limited Partnership unit for the third quarter ending September 30, 2009. The common share dividend and limited partnership unit distribution are payable on October 15, 2009 to shareholders and unitholders of record on September 30, 2009.
About Hersha Hospitality Trust
Hersha Hospitality Trust is a self-advised real estate investment trust, which owns interests in 73 hotels, totaling 9,294 rooms, primarily along the Northeast Corridor from Boston to Washington D.C. The Company also owns hotels in Northern California and Scottsdale, Arizona. Hersha focuses on select service and upscale hotels in major metropolitan markets. More information on the Company and its portfolio of hotels is available on Hersha's Web site at www.hersha.com.
Forward Looking Statement
Certain matters within this press release are discussed using forward-looking language as specified in the Private Securities Litigation Reform Act of 1995, 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 projected in the forward-looking statement. For a description of these factors, please review the information under the heading "Risk Factors" included in our Annual Report on Form 10-K for the year ended December 31, 2008, filed with the Securities Exchange Commission.
SOURCE: Hersha Hospitality Trust
Hersha Hospitality Trust Ashish Parikh, CFO, 215-238-1046
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