White Lodging Awarded Management Company of the Year

MERRILLVILLE, Ind., March 25, 2011 /PRNewswire/ — White Lodging Services has
been awarded the inaugural 2010 Management Company of the Year Award by Apple
REIT. Merrillville, Indiana based White Lodging was recognized for growing
overall revenues, market share, margin growth and guest satisfaction scores for
Apple REIT’s managed properties.

“Winning this award is a testament of many associate’s efforts, results, and
their ability to live our mission of maximizing the value of each and every
asset,” said Dave Sibley, Chief Executive Officer of White Lodging.

The annual award was announced at the 2011 White Lodging GM Conference held at
the brand new JW Marriott Indianapolis earlier this month. Justin Knight,
President of Apple REIT, gave the prestigious award and congratulated White
Lodging for their continued commitment as a valued partner. “I was pleased to be
able to present White Lodging with our highest award given to a management
company. White has been an exceptional management partner and we have come to
expect great things from them.”

White Lodging is one of Apple REIT’s most prolific managers with more than 30
hotels across Apple’s portfolio of brands. While Apple REIT does work with 18
different management companies, Knight also commented, “We expect that
competition for the award in 2011 will be intense. While we wish White Lodging
the best, it will take consistently superior performance across a growing
portfolio for them to be able to retain this award.”

About White Lodging – Established in 1985 and headquartered in Merrillville, IN,
White Lodging is a fully integrated developer, owner and manager of premium
brand hotels – a recognized leader that consistently delivers superior,
leading-brand hotel experiences and premium returns on investment among mid-
to-large scale hotels across the country. With over 25 years of expertise, White
Lodging continues to break ground as one of the fastest growing independent
hospitality companies in the country. Their managed portfolio of 155 hotels in
eighteen states encompasses representation of the following leading brand
affiliations: Marriott International, Hyatt Global, Hilton Worldwide, Radisson
Hotels, Intercontinental Hotel Group, and Starwood Hotels & Resorts. For more
information about White Lodging, visit www.whitelodging.com or call
219-472-2900.

SOURCE White Lodging Services