SOURCE: Condor Hospitality Trust, Inc.

September 03, 2015 12:01 ET

Condor Hospitality Trust, Inc. Appoints New Chief Accounting Officer

NORFOLK, NE--(Marketwired - September 03, 2015) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), formerly Supertel Hospitality, Inc. (NASDAQ: SPPR), a hotel-focused real estate investment trust (REIT), announced that Arinn Cavey will join the company as Chief Accounting Officer. Arinn has extensive audit experience in consumer and industrial markets and has provided professional audit services to private and publicly-held companies which previously included the role of audit manager for Condor Hospitality Trust over a period of several years.

"We are very pleased with the addition of Arinn to the Condor team," said Bill Blackham, Condor's Chief Executive Officer. "Her extensive background in public companies should prove valuable as Condor continues in its growth."

Previously, Arinn was an Audit Senior Manager with KPMG LLP where she has been employed since September 2002. She is a Certified Public Accountant and holds a Bachelor of Science degree in Accounting from Drake University in Des Moines, Iowa.

About Condor Hospitality Trust, Inc.

Condor Hospitality Trust, Inc. (NASDAQ: CDOR) 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 45 hotels in 19 states. Condor'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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