Forward Looking Statements

This press release contains statements that are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon the Company’s expectations, but these statements are not guaranteed to occur. Investors should not place undue reliance upon forward-looking statements. These statements relate to the Company’s common stock offering and the anticipated use of the net proceeds. No assurance can be given that the common stock offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Completion of the common stock offering on the terms described, and the application of net proceeds, are subject to numerous conditions, many of which are beyond the control of the Company, including, without limitation, general economic conditions, market conditions and other factors, including those set forth in the Risk Factors section of the Company’s periodic reports and other documents filed with the Securities and Exchange Commission (the “SEC”). Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements after the date of this release.

Copyright Business Wire 2010

If you liked this article you might like

Pebblebrook Hotel Trust Is a Great Stock to Buy Right Now

Why It Might Be Time to Start Checking Out of Hotel Stocks

These 2 Under-the-Radar REITs Are Bargains Based on Total Returns

Summit Hotels Is an Undervalued Yield Play

Summit Hotels Is an Undervalued Yield Play

Summit Hotel Properties (INN) Highlighted As Strong And Under The Radar Stock Of The Day