Hersha Hospitality Trust (HT) 10-K 2004 FY Annual report

Exhibit 21

SUBSIDIARIES

NAME OF ENTITY	OWNERSHIP	STATE OF FORMATION
Hersha Hospitality Trust	NA	MD
Hersha Hospitality Limited Partnership (“HHLP”)	NA	VA
Hersha Hospitality, LLC (“HH LLC”)	100% by HHLP	VA
Hersha Hospitality Limited Liability Company - Carlisle	100% by HHLP	DE
Hersha Hospitality Limited Liability Company - Danville	100% by HHLP	DE
Hersha Hospitality Limited Liability Company - Duluth I	100% by HHLP	DE
Hersha Hospitality Limited Liability Company - Duluth II	100% by HHLP	DE
Hersha Hospitality Limited Liability Company - Hershey	100% by HHLP	DE
Hersha Hospitality Limited Liability Company - New Columbia	100% by HHLP	DE
Hersha Hospitality Limited Liability Company - New Cumberland,	100% by HHLP	DE
Hersha Hospitality Limited Liability Company - Newnan	100% by HHLP	DE
Hersha Hospitality Limited Liability Company - Peachtree	100% by HHLP	DE
Hersha Hospitality Limited Liability Company - Selinsgrove	100% by HHLP	DE
Hersha Hospitality Limited Liability Company - West Hanover,	100% by HHLP	DE
HHLP Valley Forge Associates	99% by HHLP 1% by HH LLC	PA
944 Associates	99% by HHLP 1% by Hersha Hospitality Limited Liability Company-Carlisle	PA
1244 Associates	99% by HHLP 1% by Hersha Hospitality Limited Liability Company-New Cumberland	PA

SUBSIDIARIES

  NAME OF ENTITY   OWNERSHIP STATE OF FORMATION

2144 Associates - Hershey	99% by HHLP 1% by Hersha Hospitality Limited Liability Company-Hershey	PA
2144 Associates - New Columbia	99% by HHLP 1% by Hersha Hospitality Limited Liability Company-New Columbia	PA
2144 Associates - Selinsgrove	99% by HHLP 1% by Hersha Hospitality Limited Liability Company-Selinsgrove	PA
2444 Associates	99% by HHLP 1% by Hersha Hospitality Limited Liability Company-West Hanover	PA
2844 Associates	99% by HHLP 1% by HH LLC	PA
3044 Associates	99% by HHLP and 1% by HH LLC	PA
3144 Associates	99% by HHLP 1% by HH LLC	PA
3544 Associates	99% by HHLP 1% by HH LLC	PA
5644 Duluth I Associates	99% by HHLP 1% by Hersha Hospitality Limited Liability Company-Duluth I	PA
5744 Duluth II Associates	99% by HHLP 1% by Hersha Hospitality Limited Liability Company-Duluth II	PA
5844 Newnan Associates	99% by HHLP 1% by Hersha Hospitality Limited Liability Company-Newnan	PA
5944 Peachtree Associates	99% by HHLP 1% by Hersha Hospitality Limited Liability Company-Peachtree	PA
5544 JFK III Associates	99% by HHLP 1% by HH LLC	PA
Metro Two Hotel, LLC	100% by HHLP	FL
HT/CNL Metro Hotels, LP	33.33% by HHLP 66.67% by CNL Hospitality Partners, LP	DE
Chelsea Grand East, LLC	100% by HT / CNL Metro Hotels, LP	NY

  NAME OF ENTITY   OWNERSHIP STATE OF FORMATION

44 New England Management Company	100% by HHLP	DE
HHM Leasehold Interests, Inc.	99% by Hersha Hospitality Management LP 1% by HHLP	DE
Hersha CNL TRS, Inc.	100% by HT / CNL Metro Hotels, LP	DE
PRA Glastonbury, LLC	40% by HHLP	CT
Hersha PRA TRS, Inc.	40% by HHLP	DE
Logan Hospitality Associates, LLC	55% by HHLP	MA
Inn America, LLC	50% by HHLP	NJ