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Marion wrote: I am a sea lover. Seems to be an interesting cruise. david martin Abrahams would love to travel on it.


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Boykin Lodging Enters Into Agreement to Sell Marco Island Property
Boykin Lodging Enters Into Agreement to Sell Marco Island Property

CLEVELAND, May 9 /PRNewswire-FirstCall/ -- Boykin Lodging Company , a hotel real estate investment trust, today announced that Boykin Marco LLC ("Boykin Marco"), a subsidiary of the Company, has entered into an agreement to sell the Radisson Suite Beach Resort-Marco Island to an unrelated third party for a price of $58.0 million. The agreement provides for the consummation of the sale to occur on June 30, 2006, which date may be extended at the option of Boykin Marco for up to 30 days, and contains representations, warranties, indemnities and closing conditions that are customary for a transaction of this nature.

Boykin Lodging Company is a real estate investment trust that focuses on the ownership of full-service, upscale commercial and resort hotels. The Company currently owns interests in 21 hotels containing a total of 5,871 rooms located in 13 states, and operating under such internationally known brands as Doubletree, Marriott, Hilton, Radisson, Embassy Suites, and Courtyard by Marriott among others. For more information about Boykin Lodging Company, visit the Company's website at http://www.boykinlodging.com/.

This news release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 regarding the Company, including those statements regarding the Company's future performance or anticipated financial results, among others. Except for historical information, the matters discussed in this release are forward-looking statements that involve risks and uncertainties that may cause results to differ materially from those set forth in those statements. Among other things, factors that could cause actual results to differ materially from those expressed in such forward-looking statements include financial performance, real estate conditions, execution of hotel acquisition programs, changes in local or national economic conditions, and other similar variables and other matters disclosed in the Company's filings with the SEC, which can be found on the SEC's website at http://www.sec.gov/.

Contact: Tara Szerpicki Investor Relations Boykin Lodging Company (216) 430-1333 InvestorRelations@boykinlodging.com

Boykin Lodging Company

CONTACT: Tara Szerpicki, Investor Relations, Boykin Lodging Company,
+1-216-430-1333, InvestorRelations@boykinlodging.com

Web site: http://www.boykinlodging.com/

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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