Business (Tables)

9 Months Ended

Sep. 30, 2013

Business and Basis of Presentation

Consolidated and Unconsolidated Hotels

(Dollars in thousands)
Hotel			State	Number of Rooms	% Owned	Our Investment		(a)	Acquisition Date	Hotel Type
Consolidated Hotels
	Hampton Inn Boston Braintree		Massachusetts	103	100%	$	12,500		May 31, 2012	Select-service
	Hilton Garden Inn New Orleans French Quarter/CBD		Louisiana	155	88%		16,176		June 8, 2012	Select-service
	Lake Arrowhead Resort and Spa	(b)	California	173	97%		24,039		July 9, 2012	Full-service
	Courtyard San Diego Mission Valley		California	317	100%		85,000		December 6, 2012	Select-service
	Hilton Southeast Portfolio:
	Hampton Inn Atlanta Downtown		Georgia	119	100%		18,000		February 14, 2013	Select-service
	Hampton Inn Frisco Legacy Park		Texas	105	100%		16,100		February 14, 2013	Select-service
	Hampton Inn Memphis Beale Street		Tennessee	144	100%		30,000		February 14, 2013	Select-service
	Hampton Inn Birmingham Colonnade		Alabama	133	100%		15,500		February 14, 2013	Select-service
	Hilton Garden Inn Baton Rouge Airport		Louisiana	131	100%		15,000		February 14, 2013	Select-service
	Courtyard Pittsburgh Shadyside		Pennsylvania	132	100%		29,900		March 12, 2013	Select-service
	Hutton Hotel Nashville		Tennessee	247	100%		73,600		May 29, 2013	Full-service
	Holiday Inn Manhattan 6th Avenue Chelsea		New York	226	100%		113,000		June 6, 2013	Full-service
	Fairmont Sonoma Mission Inn & Spa		California	226	75%		76,647		July 10, 2013	Full-service
	Marriott Raleigh City Center		North Carolina	400	100%		82,193		August 13, 2013	Full-service
				2,611		$	607,655
Unconsolidated Hotels
	Hyatt New Orleans French Quarter		Louisiana	254	80%	$	13,000		September 6, 2011	Full-service
	Westin Atlanta Perimeter North		Georgia	372	57%		13,170		October 3, 2012	Full-service
				626		$	26,170