Rankings are based on the total number of hotel rooms owned globally as of Dec. 31, 2009.

1. The Blackstone Group
   Total Number of Rooms: 155,018
   Phone: (212) 583-5000
   Website: www.blackstone.com

2. Accor Hospitality
   Total Number of Rooms: 97,704
   Phone: (972) 360-9000
   Website: www.accor.com

3. Host Hotels & Resorts
   Total Number of Rooms: 64,000
   Phone: (240) 744-1000
   Website: www.hosthotels.com

4. LQ Management LLC
   Total Number of Rooms: 48,457
   Phone: (214) 492-6600
   Website: www.LQ.com

5. ING Clarion Partners
   Total Number of Rooms: 27,635
   Phone: (212) 883-2500
   Website: www.ingclarion.com

6. JER Partners
   Total Number of Rooms: 25,399
   Phone: (703) 714-8000
   Website: www.jer.com

7. Apple REIT Cos.
   Total Number of Rooms: 24,130
   Phone: (804) 344-8121
   Website: www.applereitcompanies.com

8. FelCor Lodging Trust
   Total Number of Rooms: 24,025
   Phone: (972) 444-4912
   Website: www.felcor.com

9. Ashford Hospitality Trust
   Total Number of Rooms: 22,483
   Phone: (972) 490-9600
   Website: www.ahtreit.com

10. Starwood Hotels & Resorts Worldwide
    Total Number of Rooms: 21,486
    Phone: (914) 640-8100
    Website: development.starwood.com

11. John Q. Hammons Hotels & Resorts
    Total Number of Rooms: 18,760
    Phone: (417) 864-4300
    Website: www.jqhhotels.com

12. RLJ Development LLC
    Total Number of Rooms: 17,077
    Phone: (301) 280-7777
    Website: www.rljhotels.com

13. Tharaldson Property Management
    Total Number of Rooms: 16,106
    Phone: (701) 235-1060
    Website: www.tharaldson.com

14. The Inland Real Estate Group of Cos.
    Total Number of Rooms: 15,121
    Phone: (630) 218-8000
    Website: www.inlandgroup.com

15. The Procaccianti Group
    Total Number of Rooms: 15,080
    Phone: (401) 946-4600
    Website: www.tpgcompanies.com

16. The Chartres Lodging Group LLC
    Total Number of Rooms: 13,749
    Phone: (415) 296-7955
    Website: www.chartreslodging.com

17. Sunstone Hotel Investors
    Total Number of Rooms: 13,199
    Phone: (949) 369-4236
    Website: www.sunstonehotels.com

18. Innkeepers USA
    Total Number of Rooms: 10,000
    Phone: (561) 835-1800
    Website: www.innkeepersusa.com

19. Hersha Hospitality Trust
    Total Number of Rooms: 9,256
    Phone: (215) 238-1046
    Website: www.hersha.com

20. Moody National Cos.
    Total Number of Rooms: 8,552
    Phone: (713) 977-7500
    Website: www.moodynational.com

21. Noble Investment Group
    Total Number of Rooms: 8,532
    Phone: (404) 262-9660
    Website: www.nobleinvestment.com

22. LaSalle Hotel Properties
    Total Number of Rooms: 8,494
    Phone: (301) 941-1500
    Website: www.lasallehotels.com

23. Strategic Hotels & Resorts
    Total Number of Rooms: 8,002
    Phone: (312) 658-5000
    Website: www.strategichotels.com

24. Loews Hotels
    Total Number of Rooms: 7,998
    Phone: (212) 521 2000
    Website: www.loewshotels.com

25. Lodgian
    Total Number of Rooms: 6,401
    Phone: (404) 364-9400
    Website: www.lodgian.com