Investor Ownership Llc

							Hotel Location                  Franchise(a)
 1. Tucson, Arizona             Hilton Garden Inn
 2. Charlotte, North Carolina   Homewood Suites
 3. Santa Clarita, California   Courtyard
 4. Allen, Texas                Hampton Inn & Suites
 5. Twinsburg, Ohio             Hilton Garden Inn
 6. Lewisville, Texas           Hilton Garden Inn
 7. Duncanville, Texas          Hilton Garden Inn
 8. Santa Clarita, California   Hampton Inn
 9. Santa Clarita, California   Residence Inn
10. Santa Clarita, California   Fairfield Inn
11. Beaumont, Texas             Residence Inn
12. Pueblo, Colorado            Hampton Inn & Suites
13. Allen, Texas                Hilton Garden Inn
14. Bristol, Virginia           Courtyard
15. Durham, North Carolina      Homewood Suites
16. Hattiesburg, Mississippi    Residence Inn
17. Jackson, Tennessee          Courtyard
18. Jackson, Tennessee          Hampton Inn & Suites
19. Fort Lauderdale, Florida    Hampton Inn
20. Pittsburgh, Pennsylvania    Hampton Inn
21. Frisco, Texas               Hilton Garden Inn
22. Round Rock, Texas           Hampton Inn
23 Panama City, Florida         Hampton Inn & Suites
24 Austin, Texas                Homewood Suites
25 Austin, Texas                Hampton Inn
26. Dothan, Alabama             Hilton Garden Inn
27. Troy, Alabama               Courtyard
28. Orlando, Florida            Fairfield Inn & Suites
29. Orlando, Florida            SpringHill Suites
30. Clovis, California          Hampton Inn & Suites
31. Rochester, Minnesota        Hampton Inn & Suites
Hotel Owner/Lessor                       Lessee
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Texas Services, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Texas Services, Inc.
Apple Nine SPE Duncanville, Inc.         Apple Nine Services Duncanville, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Texas Services II, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine SPE Allen, Inc.               Apple Nine Services Allen, Inc.
Apple Nine SPE Bristol, Inc.             Apple Nine Services Bristol, Inc.
Apple Nine North Carolina, L.P.          Apple Nine Hospitality Management, Inc.
Sunbelt-RHM, L.L.C.                      Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine Pennsylvania Business Trust   Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Texas Services II, Inc.
Apple Nine SPE Round Rock, Inc.          Apple Nine Services Round Rock, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine SPE Austin Northwest, Inc.    Apple Nine Services Austin Northwest, Inc.
Apple Nine SPE Austin Arboretum, Inc.    Apple Nine Services Austin Arboretum, Inc.
Sunbelt—GDA, L.L.C.                      Apple Nine Hospitality Management, Inc.
Sunbelt—CTY, L.L.C.                      Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Apple Nine Hospitality Ownership, Inc.   Apple Nine Hospitality Management, Inc.
Manager
Texas Western Management Partners, L.P.
MHH Management, LLC
Dimension Development Two, LLC
Gateway Hospitality Group, Inc.(b)
Gateway Hospitality Group, Inc.(b)
Gateway Hospitality Group, Inc.(b)
Gateway Hospitality Group, Inc.(b)
Dimension Development Two, LLC(b)
Dimension Development Two, LLC(b)
Dimension Development Two, LLC(b)
Texas Western Management Partners, L.P.(b)
Dimension Development Two, LLC
Gateway Hospitality Group, Inc.(b)
LBAM-Investor Group, L.L.C.
MHH Management, LLC
LBAM-Investor Group, L.L.C.(b)
Vista Host, Inc.(b)
Vista Host, Inc.(b)
Vista Host, Inc.(b)
Vista Host, Inc.(b)
Texas Western Management Partners, L.P.
Vista Host, Inc.(b)
LBAM-Investor Group, L.L.C.
Vista Host, Inc.(b)
Vista Host, Inc.(b)
LBAM-Investor Group, L.L.C.(b)
LBAM-Investor Group, L.L.C.(b)
Fairfield FMC, LLC
SpringHill SMC, LLC
Dimension Development Two, LLC
White Lodging Services Corporation