About Supertel Hospitality, Inc.

Supertel Hospitality, Inc., a real estate investment trust (REIT), engages in the ownership and acquisition of limited-service hotels in the United States. The company's hotels operate under various franchise brand names, including Super 8, Comfort Inn/Comfort Suites, Hampton Inn, Holiday Inn Express, Best Western Suites, Days Inn, Ramada, Ltd., Shoney's Inn, and Sleep Inn. As of Januar 31, 2008, it owned 125 limited-service hotels in 24 states. The company has elected to be taxed as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income tax provided that it distributes at least 90% of its taxable income to its shareholders. The company was incorporated in 1994. It was formerly known as Humphrey Hospitality Trust, Inc. and changed its name to Supertel Hospitality, Inc. in 2005. Supertel Hospitality is headquartered in Norfolk, Nebraska.