MeriStar Hospitality Corporation (the “Company”) is a real estate investment trust, or REIT, and owns a portfolio of primarily upper upscale, full-service hotels and resorts. Our portfolio is diversified geographically as well as by franchise and brand affiliations. MeriStar currently owns 47 hotels with 14,404 rooms. Our hotels are located in major metropolitan areas, rapidly growing secondary markets or resort locations in the United States. Most of our hotels are operated under internationally recognized brand names such as Hilton®, Sheraton®, Marriott®, The Ritz-Carlton®, Westin®, Doubletree®, Holiday Inn®, Embassy Suites® and Radisson®, although we have 3 hotels with 262 rooms that are not operated under any brand.