EXHIBIT 23.2 CONSENT OF INDEPENDENT AUDITOR We consent to the reference to our firm under the caption "Experts" in Amendment No. 1 to the Registration Statement on Form S-3 (No. 333-113227) and related prospectus of Hersha Hospitality Trust for the registration of the resale of 2,816,460 common shares of beneficial interest and to the incorporation by reference therein of our reports (a) dated March 5, 2004, with respect to consolidated balance sheet of Hersha Hospitality Trust and subsidiaries as of December 31, 2003, and the related consolidated statements of operations, shareholders' equity, and cash flows for the year ended December 31, 2003 included in its Annual Report on Form 10-K for the year ended December 31, 2003, and (b) dated March 5, 2004, with respect to the balance sheet of Hersha Hospitality Management L.P. as of December 31, 2003, and the related statements of operations, partners' equity (deficit), and cash flows for the year ended December 31, 2003 included the Company's Annual Report on Form 10-K for the year ended December 31, 2003. /s/ Reznick Fedder & Silverman, P.C. Certified Public Accountants Baltimore, Maryland March 31, 2004