Dispositions of Hotel Properties and Discontinued Operations

3 Months Ended

Mar. 31, 2018

Dispositions of Hotel Properties and Discontinued Operations [Abstract]

Dispositions of Hotel Properties and Discontinued Operations

NOTE 5.DISPOSITIONS OF HOTEL PROPERTIES AND DISCONTINUED OPERATIONS

As of March 31, 2018, the Company had two hotels classified as held for sale.  At December 31, 2017, the Company had three hotels held for sale and during the three months ended March 31, 2018 sold two properties and classified one additional property as held for sale.

During the three months ended March 31, 2018 and 2017, the Company sold two hotels in each period, resulting in total gains of $37 and $0,  respectively.