Exhibit 15

Securities  and  Exchange  Commission
450  Fifth  Street,  N.W.
Washington,  D.C.  20549

We  are aware that our reports dated November 1, 2001, on our reviews of interim
financial  information  of  Hersha  Hospitality  Trust  and  Hersha  Hospitality
Management,  L.P., respectively, as of September 30, 2001, and for the three and
nine  month  periods  ended  September  30,  2001  and 2000 are included in this
registration statement.  Pursuant to Rule 436c under the Securities Act of 1933,
these  reports  should  not  be  considered a part of the registration statement
within  the  meaning  of  Sections  7  and  11  of  that  Act.

Moore  Stephens,  P.C.
Certified  Public  Accountants

New York,  New York
December 28, 2001