Hersha Hospitality Trust Investor Presentation — April 2022

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ibdroot \projects \IBD-NY\hawkbit2020 \662773_1 \07. Presentations \11. HT USS Announcement IP (Apr -2022) \USS (7

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The Envoy Hotel, Boston

URBAN SELECT SERVICE TRANSACTION

INVES TOR PRES ENTATION

A P R I L 2 0 2 2ibdroot \projects \IBD-NY\hawkbit2020 \662773_1 \07. Presentations \11. HT USS Announcement IP (Apr -2022) \USS (7

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URBAN SELECT SERVI CE TRANSACTI ON SUM M ARY

2◼Accelerates Company’s transformation to resort, luxury lifestyle and destination -oriented assets

✓Proforma forthetransaction, Hersha willown 26hotels insixkeydestination markets across theU.S.

✓RevPAR based on2019 performance willincrease from ~$206to$219andtotal ADR willincrease from ~$247to$262

◼Provides immediate liquidity for significant debt repayment and eliminates near -term debt maturities

✓Proforma for~$460–$480mm oftotal debt repayment, thecompany anticipates recasting itsexisting credit facility

which would eliminate debt maturities through 2024

◼Captures significant value for portfolio of high -quality assets, underscoring value in the remaining Company

✓Transaction price implies a7.3%caprateon2019 ANOI and~$360Kperkey

✓Thetransaction isnotsubject toanyfinancing conditionsHersha Hospitality Trust (“ Hersha ”) Today Announced an Agreement to Sell the Company’s

Non-Core Urban Select Service (“USS”) Portfolio for Gross Proceeds of $505 million

Note: Balance sheet data as of 31 -Mar-2022.

* 2019 figures adjusted for recently closed dispositions: Sheraton Wilmington, Courtyard San Diego, Residence Inn CG, HIEX Ca mbridge, Capitol Hill Hotel and Duane Street and the stabilization of assets under construction during 2019, including Sanctuary Beach, Pan Pacific, Parrott Key,

The Cadillac Hotel and Hyatt House White Plainsibdroot \projects \IBD-NY\hawkbit2020 \662773_1 \07. Presentations \11. HT USS Announcement IP (Apr -2022) \USS (7

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47 %27 %Urban Select

CityACCELERATES TRANSFORM ATI ON TO URBAN & RESORT

DESTI NATI ON -ORI ENTED PORTFOLI O

3Note: Operational metrics based on 2019A Performance, Total Debt (Inc. Pref) as of 31 -Mar-2022.

* Current and PF Hersha Portfolio split based on number of keys

* EBITDA figures represent Hersha’s 2019 property level EBITDA, adjusted for assets under construction in 2019 including Sanctuary Beach, Pan Pacific, Parrott Ke y,the Cadillac Hotel and Hyatt House White PlainsOPERATIONAL OVERVIEW TODAYBY ROOM