Lodgian to Hold Fourth-Quarter 2009 Earnings Call on February 25

ATLANTA, Feb. 16 /PRNewswire-FirstCall/ -- Lodgian, Inc. (NYSE Amex Equities: LGN), one of the nation's largest independent hotel owners and operators, today announced that the company will release fourth-quarter and full year 2009 financial results on Thursday, February 25, 2010, before the market opens.  At 10 a.m. Eastern time, management will hold a conference call to discuss the results.

The conference call will be hosted by Dan Ellis, president and chief executive officer; James MacLennan, executive vice president and chief financial officer; and Joe Kelly, vice president of hotel operations.  Stockholders and other interested parties may listen to a simultaneous webcast of the conference call on the Internet by logging onto Lodgian's Web site, www.lodgian.com, or www.streetevents.com, or may call 1-888-549-7750, reference number 4231177.  A recording of the call will be available by telephone until midnight on Thursday, March 4, 2010, by dialing 1-800-406-7325.  International investors may call 1-303-590-3030, reference number 4231177.  A replay of the conference call will be posted on Lodgian's Web site.

About Lodgian

Lodgian is one of the nation's largest independent hotel owners and operators.  The company currently owns and manages a portfolio of 34 hotels with 6,401 rooms located in 20 states.  The company is in the process of returning six of these hotels to the lender.  Of the company's 34-hotel portfolio, 16 are InterContinental Hotels Group brands (Crowne Plaza, Holiday Inn, and Holiday Inn Express), 12 are Marriott brands (Marriott, Courtyard by Marriott, SpringHill Suites by Marriott, Residence Inn by Marriott and Fairfield Inn by Marriott), two are Hilton brands, and four are affiliated with other nationally recognized franchisors including Starwood, Wyndham and Carlson.  For more information about Lodgian, visit the company's website: www.lodgian.com.  

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, including, among others, statements regarding the anticipated merger with Lone Star, Lodgian's negotiations with special servicers and lenders, optional maturity extensions, property dispositions, future financial position, business strategy, projected performance and financing needs, are forward-looking statements. Those statements include statements regarding the intent, belief or current expectations of Lodgian and members of its management team, as well as the assumptions on which such statements are based, and generally are identified by the use of words such as "may," "will," "seeks," "anticipates," "believes," "estimates," "expects," "plans," "intends," "should" or similar expressions.  Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that actual results may differ materially from those contemplated by such forward-looking statements. Many of these factors are beyond the company's ability to control or predict. Such factors include, but are not limited to, the effects of regional, national and international economic conditions, our ability to refinance or extend maturing mortgage indebtedness, competitive conditions in the lodging industry and increases in room supply, requirements of franchise agreements (including the right of franchisors to immediately terminate their respective agreements if we breach certain provisions), our ability to complete planned hotel dispositions, the effects of unpredictable weather events such as hurricanes, the financial condition of the airline industry and its impact on air travel, the effect of self-insured claims in excess of our reserves and our ability to obtain adequate insurance at reasonable rates, and other factors discussed under Item IA (Risk Factors) in Lodgian's Form 10-K for the year ended December 31, 2008, and  as updated in our Forms 10-Q for the quarters ended March 31, June 30, and September 30, 2009. We assume no duty to update these statements. Management believes these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations. All written and oral forward-looking statements attributable to Lodgian or persons acting on its behalf are qualified in their entirety by these cautionary statements. Further, forward-looking statements speak only as of the date they are made, and the company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time unless otherwise required by law.

SOURCE Lodgian, Inc.