PHILADELPHIA--(BUSINESS WIRE)--Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of upscale hotels in urban gateway markets, announced today that the previously announced 1-for-4 reverse split of the Company’s issued and outstanding Common Shares took effect at 5:00 p.m., EDT, on June 22, 2015 (the “Effective Time”). Accordingly, at the Effective Time, every four issued and outstanding Common Shares were combined into one Common Share. In addition, at the market open on Jun