Consolidated Statements Of Operations - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenue:
Hotel Operating Revenues		$ 137,016	$ 127,629	$ 244,968	$ 234,476
Other Revenues		988	94	1,034	100
Total Revenues		138,004	127,723	246,002	234,576
Operating Expenses:
Hotel Operating Expenses		76,522	65,900	143,789	131,618
Hotel Ground Rent		894	892	1,701	1,785
Real Estate and Personal Property Taxes and Property Insurance		8,068	7,949	15,694	17,105
General and Administrative (including Share Based Payments of $1,553 and $1,873, and $2,982 and $4,279 for the three and six months ended June 30, 2017 and 2016, respectively)		6,598	6,455	11,223	11,855
Acquisition and Terminated Transaction Costs		1,124	55	1,824	1,563
Depreciation and Amortization		20,114	18,495	39,576	38,555
Total Operating Expenses		113,320	99,746	213,807	202,481
Operating Income		24,684	27,977	32,195	32,095
Interest Income		72	78	197	124
Interest Expense		(10,590)	(11,281)	(20,439)	(23,502)
Other Expense		(279)	(633)	(678)	(739)
Gain on Disposition of Hotel Properties		70,852	95,276	89,583	95,276
Loss on Debt Extinguishment			(1,049)	(274)	(1,091)
Income Before Results from Unconsolidated Joint Venture Investments and Income Taxes		84,739	110,368	100,584	102,163
Income (Loss) from Unconsolidated Joint Ventures		711	1,521	(3,175)	1,307
Gain from Remeasurement of Investment in Unconsolidated Joint Venture				16,239
Income from Unconsolidated Joint Venture Investments		711	1,521	13,064	1,307
Income Before Income Taxes		85,450	111,889	113,648	103,470
Income Tax (Expense) Benefit		(662)	3,070	(2,905)	3,070
Net Income		84,788	114,959	110,743	106,540
Income Allocated to Noncontrolling Interests		(4,758)	(4,748)	(5,939)	(4,061)
Preferred Distributions		(6,042)	(4,000)	(12,084)	(7,589)
Extinguishment of Issuance Costs Upon Redemption of Series B Preferred Shares			(4,021)		(4,021)
Net Income Applicable to Common Shareholders		$ 73,988	$ 102,190	$ 92,720	$ 90,869
BASIC
Income from Continuing Operations Applicable to Common Shareholders		$ 1.77	$ 2.35	$ 2.22	$ 2.06
DILUTED
Income from Continuing Operations Applicable to Common Shareholders		$ 1.75	$ 2.33	$ 2.19	$ 2.04
Weighted Average Common Shares Outstanding:
Basic		41,737,044	43,427,726	41,727,056	43,903,526
Diluted	[1]	42,207,841	43,863,577	42,201,126	44,384,969

[1] Income allocated to noncontrolling interest in Hersha Hospitality Limited Partnership (the "Operating Partnership" or "HHLP") has been excluded from the numerator and the Class A common shares issuable upon any redemption of the Operating Partnership's common units of limited partnership interest ("Common Units") and the Operating Partnership's vested LTIP units ("Vested LTIP Units") have been omitted from the denominator for the purpose of computing diluted earnings per share because the effect of including these shares and units in the numerator and denominator would have no impact. In addition, potentially dilutive common shares, if any, have been excluded from the denominator if they are anti-dilutive to income applicable to common shareholders.