RECENT HOTEL OPENINGS

Hotel

Address

Rms

Open Date

Holiday Inn Express

1911 Broadcast Ave.

80

July-05

UNDER CONSTRUCTION

Embassy Suites

5400 JQ Hammons Dr. NW

308

Feb-07

START NEXT 12 MONTHS

Microtel Inn

Weddington Rd.

83

Aug-06

EARLY PLANNING

Country Inn & Suites

3931 Statesville Ave.

70

2007

Wingate Inn

I-74 & Stewart St.

100

2007

ANNOUNCED REFLAGGINGS

Baymont Inn

3100 S I-85 Service Rd.

130

Feb-06

RECENT HOTEL TRANSACTIONS

Hotel

Address

Rms

Sale Date

Selling Price ($)

Price/Rm ($)

Holiday Inn

212 Woodlawn Rd.

435

Jul-05

5,575,000

12,816