CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue:
Other Revenues		$ 107	$ 44	$ 239	$ 69
Total Revenues		104,248	85,251	309,406	202,512
Operating Expenses:
Insurance Recoveries in Excess of Property Losses		0	0	(962)	(711)
Hotel Ground Rent		1,185	1,129	3,806	3,293
Real Estate and Personal Property Taxes and Property Insurance		7,561	8,963	24,379	28,500
General and Administrative (including Share Based Payments of $2,768 and $2,259 and $8,608 and $7,017 for the three and nine months ended September 30, 2022 and 2021, respectively)		5,883	4,968	17,692	15,199
Terminated Transaction Costs		0	0	0	390
Loss on Impairment of Assets		10,024	0	10,024	222
Depreciation and Amortization		14,900	20,484	51,179	63,300
Total Operating Expenses		102,212	85,533	285,220	233,672
Operating Income (Loss)		2,036	(282)	24,186	(31,160)
Interest Income		101	3	103	8
Interest Expense		(11,333)	(14,214)	(39,600)	(41,886)
Other Income (Expense)		467	(176)	260	201
Gain on Disposition of Hotel Properties		167,800	0	167,800	48,352
Loss on Debt Extinguishment		(17,958)	0	(17,958)	(3,069)
Income (Loss) Before Results from Unconsolidated Joint Venture Investments and Income Taxes		141,113	(14,669)	134,791	(27,554)
Income (Loss) from Unconsolidated Joint Ventures		478	(611)	(101)	(1,858)
Income (Loss) Before Income Taxes		141,591	(15,280)	134,690	(29,412)
Income Tax (Expense) Benefit		(5,402)	(277)	(5,516)	161
Net Income (Loss)		136,189	(15,557)	129,174	(29,251)
(Income) Loss Allocated to Noncontrolling Interests - Common Units		(15,283)	2,140	(13,025)	4,689
Loss (Income) Allocated to Noncontrolling Interests - Consolidated Joint Venture		615	0	(2,349)	(1,810)
Preferred Distributions		(6,044)	(6,044)	(18,131)	(18,131)
Net Income (Loss) Applicable to Common Shareholders		$ 115,477	$ (19,461)	$ 95,669	$ (44,503)
BASIC
Income (Loss) from Continuing Operations Applicable to Common Shareholders-Basic (in dollars per share)		$ 2.92	$ (0.50)	$ 2.43	$ (1.14)
DILUTED
Income (Loss) from Continuing Operations Applicable to Common Shareholders- Diluted (in dollars per share)		$ 2.82	$ (0.50)	$ 2.35	$ (1.14)
Weighted Average Common Shares Outstanding:
Basic (in shares)		39,465,645	39,139,610	39,325,679	39,070,059
Diluted (in shares)	[1]	40,962,773	39,139,610	40,670,106	39,070,059
Room
Revenue:
Hotel Operating Revenues:		$ 81,473	$ 68,302	$ 244,847	$ 164,191
Operating Expenses:
Hotel Operating Expenses		17,892	14,706	51,929	36,254
Food & Beverage
Revenue:
Hotel Operating Revenues:		14,405	9,616	39,171	19,920
Operating Expenses:
Hotel Operating Expenses		11,342	7,123	31,353	15,405
Other Operating Revenues
Revenue:
Hotel Operating Revenues:		8,263	7,289	25,149	18,332
Operating Expenses:
Hotel Operating Expenses		$ 33,425	$ 28,160	$ 95,820	$ 71,820

[1] Income (Loss) 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 (loss) applicable to common shareholders.