Deutsche Bank AG
Taunusanlage 12, D-60325
Frankfurt am Main
Federal Republic of Germany



Jeffrey A. Ruiz
Vice President
Telephone: (212) 250-3667

                                                               February 07, 2006


Securities and Exchange Commission
SEC Document Control
450 Fifth Street, N.W.
Washington, DC  20549
Attn:  Filing Desk


Dear Sir or Madame:

         Re:  Filing of Schedule 13G - Hersha Hospitality Trust

Pursuant to Rule 13d-1 of the Securities Exchange Act of 1934, attached is
one copy of Schedule 13G with respect to the common stock of the above
referenced corporation.

Please acknowledge your receipt of the Schedule 13G by return e-mail
confirmation.

                                                               Sincerely,



                                                               Jeffrey A. Ruiz







Enclosures






                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                                (Amendment No. 4)

                    Under the Securities Exchange Act of 1934


                            Hersha Hospitality Trust
                     ---------------------------------------
                                 NAME OF ISSUER:


                         Common Stock ($0.001 Par Value)
                     ---------------------------------------
                          TITLE OF CLASS OF SECURITIES

                                    427825104
                     ---------------------------------------
                                  CUSIP NUMBER


                                December 30, 2005
                     ---------------------------------------
             (Date of Event Which Requires Filing of this Statement)


     Check the appropriate box to designate the rule pursuant to which this
                               Schedule is filed:

                                [X] Rule 13d-1(b)

                                [ ] Rule 13d-1(c)

                                [ ] Rule 13d-1(d)





1.  NAME OF REPORTING PERSONS
    S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

    Deutsche Bank AG*

2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (A) [ ]
    (B) [ ]

3.  SEC USE ONLY

4.  CITIZENSHIP OR PLACE OF ORGANIZATION

    Federal Republic of Germany

NUMBER OF         5.       SOLE VOTING POWER
SHARES                     3,071,300
BENEFICIALLY      6.       SHARED VOTING POWER
OWNED BY                   0
EACH              7.       SOLE DISPOSITIVE POWER
REPORTING                  3,073,000
PERSON WITH       8.       SHARED DISPOSITIVE POWER
                           0

9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    3,073,000

10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

    [ ]

11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

    15.09%

12. TYPE OF REPORTING PERSON

    BK, HC, CO

    * In accordance with Securities Exchange Act Release No. 39538 (January 12,
    1998), this filing reflects the securities beneficially owned by the
    Private Clients and Asset Management business group ("PCAM") of Deutsche
    Bank AG and its subsidiaries and affiliates (collectively, "DBAG"). This
    filing does not reflect securities, if any, beneficially owned by any other
    business group of DBAG. Consistent with Rule 13d-4 under the Securities
    Exchange Act of 1934 ("Act"), this filing shall not be construed as an
    admission that PCAM is, for purposes of Section 13(d) under the Act, the
    beneficial owner of any securities covered by the filing.





1.  NAME OF REPORTING PERSONS
    S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

    Deutsche Asset Management Inc.

2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (A) [ ]
    (B) [ ]

3.  SEC USE ONLY

4.  CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

NUMBER OF         5.       SOLE VOTING POWER
SHARES                     0
BENEFICIALLY      6.       SHARED VOTING POWER
OWNED BY                   0
EACH              7.       SOLE DISPOSITIVE POWER
REPORTING                  1,700
PERSON WITH       8.       SHARED DISPOSITIVE POWER
                           0

9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    1,700

10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

    [ ]

11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

    0.01%

12. TYPE OF REPORTING PERSON

    IA, CO





1.  NAME OF REPORTING PERSONS
    S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

    RREEF America, L.L.C.

2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (A) [ ]
    (B) [ ]

3.  SEC USE ONLY

4.  CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

NUMBER OF         5.       SOLE VOTING POWER
SHARES                     3,107,300
BENEFICIALLY      6.       SHARED VOTING POWER
OWNED BY                   0
EACH              7.       SOLE DISPOSITIVE POWER
REPORTING                  3,107,300
PERSON WITH       8.       SHARED DISPOSITIVE POWER
                           0

9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    3,107,300

10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

    [ ]

11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

    15.09%

12. TYPE OF REPORTING PERSON

    IA, CO





Item 1(a).        Name of Issuer:

                  Hersha Hospitality Trust (the "Issuer")

Item 1(b).        Address of Issuer's Principal Executive Offices:

                  148 Sheraton Drive, Box A
                  New Cumberland, PA 17070

Item 2(a).        Name of Person Filing:

                  This statement is filed on behalf of Deutsche Bank AG,
                  ("Reporting Person").

Item 2(b).        Address of Principal Business Office or, if none, Residence:

                  The principal place of business of the Reporting Person is:

                  Taunusanlage 12, D-60325
                  Frankfurt am Main
                  Federal Republic of Germany

Item 2(c).        Citizenship:

                  The citizenship of the Reporting Person is set forth on the
                  cover page.

Item 2(d).        Title of Class of Securities:

                  The title of the securities is common stock, $0.001 par value
                  ("Common Stock").

Item 2(e).        CUSIP Number:

                  The CUSIP number of the Common Stock is set forth on the cover
                  page.

Item 3.           If this statement is filed pursuant to Rules 13d-1(b), or
                  13d-2(b) or (c), check whether the person filing is a:

                  (a) [ ] Broker or dealer registered under section 15 of the
                          Act;

                  (b) [ ] Bank as defined in section 3(a)(6) of the Act;

                  (c) [ ]Insurance Company as defined in section 3(a)(19) of the
                         Act;

                  (d) [ ] Investment Company registered under section 8 of the
                          Investment Company Act of 1940;

                  (e) [X] An investment adviser in accordance with Rule 13d-1(b)
                          (1)(ii)(E);

                          RREEF America, L.L.C.

                          Deutsche Asset Management Inc.

                  (f) [ ] An employee benefit plan, or endowment fund in
                          accordance with Rule 13d-1 (b)(1)(ii)(F);

                  (g) [X] parent holding company or control person in accordance
                          with Rule 13d-1 (b)(1)(ii)(G);

                          Deutsche Bank AG

                  (h) [ ] A savings association as defined in section 3(b) of
                          the Federal Deposit Insurance Act;

                  (i) [ ] A church plan that is excluded from the definition of
                          an investment company under section 3(c)(14) of the
                          Investment Company Act of 1940;

                  (j) [ ] Group, in accordance with Rule 13d-1 (b)(1)(ii)(J).

Item 4.           Ownership.

                  (a) Amount beneficially owned:

                      The Reporting Person owns the amount of the Common Stock
                      as set forth on the cover page.

                  (b) Percent of class:

                      The Reporting Person owns the percentage of the Common
                      Stock as set forth on the cover page.

                  (c) Number of shares as to which such person has:

                      (i)   sole power to vote or to direct the vote:

                            The Reporting Person has the sole power to vote or
                            direct the vote of the Common Stock as set forth on
                            the cover page.

                      (ii)  shared power to vote or to direct the vote:

                            The Reporting Person has the shared power to vote or
                            direct the vote of the Common Stock as set forth on
                            the cover page.

                      (iii) sole power to dispose or to direct the disposition
                            of:

                            The Reporting Person has the sole power to dispose
                            or direct the disposition of the Common Stock as set
                            forth on the cover page.

                      (iv)  shared power to dispose or to direct the disposition
                            of:

                            The Reporting Person has the shared power to dispose
                            or direct the disposition of the Common Stock as set
                            forth on the cover page.

Item 5.               Ownership of Five Percent or Less of a Class.

                      Not applicable.

Item 6.               Ownership of More than Five Percent on Behalf of Another
                      Person.

                      Not applicable.

Item 7.               Identification and Classification of the Subsidiary Which
                      Acquired the Security Being Reported on by the Parent
                      Holding Company.

                      Subsidiary                         Item 3 Classification

                      RREEF America, L.L.C.              Investment Advisor

                      Deutsche Asset Management Inc      Investment Advisor

Item 8.               Identification and Classification of Members of the Group.

                      Not applicable.

Item 9.               Notice of Dissolution of Group.

                      Not applicable.

Item 10.              Certification.

                      By signing below I certify that, to the best of my
                      knowledge and belief, the referred to above were acquired
                      and are held in the ordinary course business and were not
                      acquired and are not held for the purpose of or with
                      effect of changing or influencing the control of the
                      issuer of the and were not acquired and are not held in
                      connection with or as a participant in any transaction
                      having that purpose or effect.





                                    SIGNATURE

        After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.

Dated: February 07, 2006

                                                    DEUTSCHE BANK AG


                                                    By: /s/ Jeffrey A. Ruiz
                                                    Name:   Jeffrey A. Ruiz
                                                    Title:  Vice President

                                                    By: /s/ Pasquale Antolino
                                                    Name:   Pasquale Antolino
                                                    Title:  Associate





                                    SIGNATURE

        After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.

Dated: February 07, 2006


                                                         RREEF America, L.L.C.

                                                         By: /s/  Peter Pages
                                                         Name:    Peter Pages
                                                         Title:   Vice President





                                    SIGNATURE

        After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.

Dated: February 07, 2006


                                                 Deutsche Asset Management Inc.

                                                 By: /s/ Jeffrey A. Ruiz
                                                 Name:   Jeffrey A. Ruiz
                                                 Title:  Vice President