Kronos Acquires 16 Hotels from Lodgian

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. October 14, 2008

ATLANTA, GA, June 14, 2007. Lodgian, Inc. (AMEX: LGN), one of the nation's largest independent owners and operators of full-service hotels, today announced the sale of 16 hotels to Atlanta-based Kronos Hotels & Resorts for an aggregate sales price of $64.9 million.

The purchaser has signed an agreement to buy one additional hotel, which is expected to be consummated later this year. Twenty of the 27 non-core hotels, whose planned disposition was announced in November 2006, have now been sold. Of the remaining seven non-core assets, four are currently under contract and the remaining three properties are being actively marketed.

According to Ed Rohling, chief executive officer of Lodgian, "This transaction is a major part of the execution of our plan to streamline the portfolio."

The hotels sold are:

1) Holiday Inn Sheffield, AL 202 rooms

2) Holiday Inn Express Dothan, AL 112 rooms

3) Holiday Inn Pensacola, FL 152 rooms

4) Holiday Inn Express Pensacola, FL 122 rooms

5) Holiday Inn Winter Haven, FL 228 rooms

6) Holiday Inn Lansing, MI 244 rooms

7) Holiday Inn Lancaster, PA 189 rooms

8) Holiday Inn Greentree Pittsburgh,PA 201 rooms

9) Holiday Inn York, PA 100 rooms

10) Crowne Plaza Cedar Rapids, IA 275 rooms

11) Clarion Hotel Louisville, KY 393 rooms

12) Quality Inn Dothan, AL 102 rooms

13) Ramada Charleston, SC 197 rooms

14) Ramada Plaza Macon, GA 297 rooms

15) Park Inn Brunswick, GA 126 rooms

16) Augusta West Inn Augusta, GA 117 rooms