BOARD OF TRUSTEES

Hasu P. Shah

Chairman
Hersha Hospitality Trust

Thomas S. Capello

Founder & Principal
First Capital Equities

Michael A. Leven

Vice Chairman
Marcus Foundation

John Sabin

Executive Vice President,
Phoenix Health Systems, Inc.

Jay H. Shah

Chief Executive Officer
Hersha Hospitality Trust

Thomas J. Hutchison III

Former CEO
CNL Hotels & Resorts
CNL Retirement Properties Inc.

Donald J. Landry

Former CEO and President
Sunburst Hospitality, Inc.

Kiran P. Patel

Chief Investment Officer
Hersha Group

MANAGEMENT TEAM

Jay H. Shah

Chief Executive Officer
Hersha Hospitality Trust

Neil H. Shah

President and Chief Operating Officer
Hersha Hospitality Trust

Ashish R. Parikh

Chief Financial Officer
Hersha Hospitality Trust

Michael R. Gillespie

Chief Accounting Officer
Hersha Hospitality Trust

William J. Walsh

Vice President of Asset Management
Hersha Hospitality Trust

Robert C. Hazard III

Vice President of Acquisitions and Development
Hersha Hospitality Trust

David L. Desfor

Treasurer and Corporate Secretary
Hersha Hospitality Trust