SOURCE: Supertel Hospitality, Inc.

SOURCE: Condor Hospitality Trust, Inc.

July 20, 2015 12:50 ET

Condor Hospitality Trust, Inc. Announces Change in NASDAQ Ticker Symbol

NORFOLK, NE--(Marketwired - July 20, 2015) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), formerly Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), announced in a press release dated July 15, 2015 that it changed its name to "Condor Hospitality Trust, Inc." effective as of July 15, 2015. Following the completion of Nasdaq procedures, commencing on July 21st, 2015, the company will begin trading under its new name, and the company's common shares, Series A preferred shares, and Series B preferred shares will begin listing under their new ticker symbols, "CDOR," "CDORP," and "CDORO," respectively.

ABOUT CONDOR HOSPITALITY

Condor Hospitality Trust is a self-administered real estate investment trust that specializes in the investment and ownership of upper midscale and upscale, premium-branded select-service, extended stay and limited service hotels. The company currently owns 46 hotels comprising 19 states. Condor Hospitality's hotels are franchised by a number of the industry's most well-regarded brand families including Hilton, Choice and Wyndham. For more information or to make a hotel reservation, visit www.condorhospitality.com.

Certain matters within this press release are discussed using forward-looking language as specified in the Private Securities Litigation Reform Act of 1995, and, as such, may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those projected in the forward-looking statement. These risks are discussed in the company's filings with the Securities and Exchange Commission.

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