FORM 8-K

Exhibit 99.1

For Immediate Release
Contact:
Debi Neary Ethridge
Vice President, Finance & Investor Relations
dethridge@lodgian.com
(404) 365-2719

Lodgian Reports 2009 Second Quarter Results

ATLANTA, Ga., August 5, 2009—Lodgian, Inc. (NYSE Alternext US:LGN), one of the nation’s largest independent hotel owners and operators, today reported results for the 2009 second quarter ended June 30, 2009.

The company will host a 10 a.m. Eastern time conference call today to discuss results for the 2009 second quarter.

The “36 continuing operations hotels” comprise those Lodgian properties that were not held for sale as of June 30, 2009. Lists of properties, both continuing operations and held for sale, are attached to this press release.

Second Quarter 2009 Highlights

	•		Obtained maturity extensions on $120 million of mortgage debt which matured July 1, 2009, with the terms of the extensions ranging from 90 days to three years.

	•		Sold two hotels during the 2009 second quarter for gross proceeds of $13.9 million.

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Statistics for 36 Continuing Operations Hotels


	2Q			2Q
	2009*			2008*		% Change
Rooms revenue	$	40,238		$	50,185		-19.8	%
RevPAR	$	65.12		$	81.08		-19.7	%
Total revenue	$	54,863		$	67,902		-19.2	%
(Loss)/income from continuing operations	$	(5,348	)	$	284		n/m
EBITDA	$	7,362		$	12,950		-43.2	%
Adjusted EBITDA (defined below)	$	11,193		$	18,530		-39.6	%

Consolidated Financial Results

(Loss)/income from continuing operations	$	(5,348	)	$	284		n/m
(Loss)/income from discontinued operations	$	(1,969	)	$	6,083		n/m
Net (loss)/income attributable to common stock	$	(6,975	)	$	6,367		n/m
Net (loss)/income per share attributable to common stock	$	(0.33	)	$	0.29		n/m


*		Dollars in thousands except for RevPAR and per share data.

In this press release, Lodgian uses the term “Adjusted EBITDA” to mean earnings before interest, taxes, depreciation and amortization (“EBITDA”), but excluding the effects of the following charges: impairment losses; restructuring expenses; gains/losses on debt extinguishment; and casualty (gains)/losses, net, for properties damaged by events such as hurricane, fire or flood. A reconciliation of Adjusted EBITDA to (loss)/income from continuing operations is included in the tables that accompany this press release.

Second Quarter 2009 Results

Second quarter 2009 total revenue for continuing operations declined 19.2 percent to $54.9 million, compared to the same period in 2008. During the 2009 second quarter, the displacement of total revenue resulting from renovations at three properties was $0.4 million, compared to $0.6 million in the 2008 second quarter. Loss from continuing operations was $(5.3) million in the 2009 second quarter, compared to income of $0.3 million in the 2008 second quarter.

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Net loss attributable to common shares was $(7.0) million, or $(0.33) per diluted share in the 2009 second quarter, compared to net income of $6.4 million, or $0.29 per diluted share in the 2008 second quarter. The 2009 second quarter net loss includes total impairment charges of $7.5 million in both continuing operations and discontinued operations.

EBITDA from continuing operations declined 43.2 percent from the 2008 second quarter to $7.4 million. Adjusted EBITDA for the same group of properties decreased 39.6 percent, from $18.5 million in the 2008 second quarter to $11.2 million in the 2009 second quarter. Adjusted EBITDA margins for the continuing operations hotels decreased by 690 basis points to 20.4 percent during the 2009 second quarter compared to the 2008 second quarter, due to lower revenues.

Management Comments

“Our results in the second quarter of 2009 showed the same trend as the hospitality industry in general,” said Dan Ellis, Lodgian president and chief executive officer. “Our RevPAR Index for the quarter was relatively flat, indicating that we maintained our fair share within our markets.”

“Our focus at this time is on cost control, both in our corporate departments and in the field. To this end, we have made significant progress with annualized reductions of $1.0 million in corporate overhead costs and reductions of $3.5 million at the hotels. We continue our efforts to streamline our infrastructure and expect to reap the benefits of these moves in future periods.”

Asset Disposition Program

During the second quarter, two hotels were sold for gross proceeds of $13.9 million. The two hotels were the Holiday Inn Select in Windsor, Ontario, Canada and the Holiday Inn

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Cromwell Bridge in Towson, Md. Of the net proceeds, $6.8 million was used to reduce debt and the remainder for general corporate purposes.

As of August 1, 2009, a total of two properties remained classified as held for sale.

During the 2009 second quarter, the Holiday Inn in Phoenix, Ariz. was reclassified to continuing operations from discontinued operations because it no longer met the criteria to be classified as held for sale. Prior to the reclassification, the company’s efforts to sell this property had been unsuccessful, and the hotel’s operating performance continued to decline, primarily due to oversupply in the local market. The company had concluded that the hotel’s market value was less than the $9.4 million of mortgage debt which encumbers the property. Accordingly, the company began discussions with the lender during the 2009 second quarter aimed at returning the property and a receiver has recently been appointed. The company is currently not making mortgage payments on this loan. The mortgage debt on this hotel is non-recourse to Lodgian, except in certain limited circumstances and is not cross-collateralized with any other of the company’s mortgage debt. The company does not believe the debt recourse provisions of this loan will be triggered by this transaction.

Balance Sheet Update

As of June 30, 2009, 34 hotels were encumbered as collateral for various mortgage debt facilities totaling approximately $323.6 million. A summary of mortgage debt facilities is included in the supplemental information attached to this release.

Approximately $120 million of mortgage debt was previously scheduled to mature on July 1, 2009. This mortgage debt, which was originated in June 2004 by Merrill Lynch and securitized into the collateralized mortgage-backed securities market, had been divided into three pools referred to by the company as the Merrill Lynch Fixed Rate Pools #1, #3 and #4 (the

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company repaid the Merrill Lynch Fixed Rate Pool #2 in 2007). The company obtained extensions of these pools with terms ranging from 90 days to three years.

As of July 1, 2009, the principal amount of the Merrill Lynch Fixed Rate Pool #1 (“Pool #1”) was $36.5 million (June 30, 2009 balance of $38.7 million). The company and the special servicer for Pool #1 have agreed to two separate six-month extensions of the maturity date for this indebtedness. Assuming that the second six-month extension is exercised by the company, the maturity date of Pool #1 will be July 1, 2010. The interest rate on Pool #1 will remain fixed at 6.58% during the term of the extension. The company has paid the special servicer an extension fee of approximately $183,000 and will pay an additional extension fee of approximately $266,000 if the company chooses to exercise the second six month extension. Additionally, the company made a principal reduction payment of $2 million (reducing the principal balance of Pool #1 to $36.5 million as of July 1, 2009), and will make an additional $1 million principal reduction payment on or before December 30, 2009 if it exercises the second six month extension. The company also has agreed to make additional principal reduction payments of approximately $83,000 per month during the first six month extension and approximately $166,000 per month during the second six month extension, if exercised.

As of July 1, 2009, the principal amount of the Merrill Lynch Fixed Rate Pool #4 (“Pool #4”) was $35.1 million (June 30, 2009 balance of $35.6 million). The company and the special servicer for Pool #4 have agreed to extend the maturity date to July 1, 2012. The interest rate on Pool #4 will remain fixed at 6.58%. In connection with this agreement, the company paid an extension fee of approximately $175,000 and made a principal reduction payment of $500,000. The parties also have agreed to revise the allocated loan amounts for each property serving as collateral for Pool #4 and to allow partial prepayments of the indebtedness. Pursuant to this

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agreement, the company may release individual assets from Pool #4 by paying the lender specified amounts (in excess of the allocated loan amounts) in connection with property sales or refinancing. The company also agreed to pay the lender an “exit fee” upon a full or partial repayment of the loan. The amount of this fee will increase each year but, assuming the loan is held for the full three year term, will effectively increase the current interest rate by 100 basis points per annum. The company also has issued a full recourse guaranty of Pool #4 in connection with this amendment.

The company and the special servicer for Pool #3 have entered into a second extension agreement to further extend the maturity date of this indebtedness until October 1, 2009 (the previous extension ended on August 1, 2009). Given the extension of the maturity date, the company is not in default of the original loan, which had a balance of $45.7 million as of June 30, 2009. The 60-day extension is intended to provide the parties an opportunity to reach an agreement on a longer-term maturity extension. The company and the special servicer are currently negotiating a longer-term maturity extension for Pool #3; however, the company can provide no assurances that the parties will reach such an agreement. In the event that the company is unable to achieve a long-term extension of Pool #3, the company expects that anticipated cash flow from the hotels securing Pool #3 may not be sufficient to meet the related debt service obligations and it may be necessary to transfer the properties securing this indebtedness to the lender in satisfaction of the company’s obligations.

Conference Call

Lodgian will hold a conference call to discuss its 2009 second quarter results today, August 5, 2009 at 10 a.m. Eastern time. To hear the webcast, interested parties may visit the company’s website at www.lodgian.com and click on Investor Relations and then Webcast, Q2

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Earnings Conference Call. A recording of the call will be available by telephone until midnight on Wednesday, August 12, 2009 by dialing (800) 406-7325, reference number 4119462. A replay of the conference call will be posted on Lodgian’s website.

Non-GAAP Financial Measures

The historical non-GAAP financial measures included in this press release are reconciled to the comparable GAAP measures in the schedules attached to this press release.

EBITDA and Adjusted EBITDA

EBITDA and Adjusted EBITDA are non-GAAP measures and should not be used as a substitute for measures such as net income (loss), cash flows from operating activities, or other measures computed in accordance with GAAP. The company uses EBITDA and Adjusted EBITDA to measure its performance and to assist in the assessment of hotel property values. EBITDA is also a widely used industry measure which Lodgian believes provides pertinent information to investors and is an additional indicator of the company’s operating performance.

The company defines Adjusted EBITDA as EBITDA excluding the effects of certain charges such as impairment losses; restructuring expenses; gains/losses on debt extinguishment; and casualty losses or gains related to damage to and insurance recoveries for properties damaged by events such as hurricane, fire or flood.

RevPAR Index

RevPAR Index is computed by dividing the company’s RevPAR for a particular period by the market’s RevPAR over the same period. To derive the market’s RevPAR, we identify the hotels that the company considers to be competing hotels for each market in which the company operates. The group of hotels in each market is known as the competitive set. We then obtain RevPAR for each competitive set from Smith Travel Research, a leading provider of lodging

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industry data. We believe that RevPAR Index is a meaningful indicator of our performance because it measures our hotels in relation to our competitors. We use RevPAR Index to determine if our hotels are increasing market share, which is one of our key business objectives.

About Lodgian

Lodgian is one of the nation’s largest independent hotel owners and operators. The company currently owns and/or manages a portfolio of 38 hotels with 7,078 rooms located in 22 states. Of the company’s 38-hotel portfolio, 18 are InterContinental Hotels Group brands (Crowne Plaza, Holiday Inn, Holiday Inn Select and Holiday Inn Express), 12 are Marriott brands (Marriott, Courtyard by Marriott, SpringHill Suites by Marriott, Residence Inn by Marriott and Fairfield Inn by Marriott), two are Hilton brands, and five are affiliated with other nationally recognized franchisors including Starwood, Wyndham and Carlson. One hotel is an independent, unbranded property, which is currently closed and held for sale. For more information about Lodgian, visit the company’s website: www.lodgian.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, including, among others, statements regarding Lodgian’s negotiations with special servicers and lenders, optional maturity extensions, property dispositions, future financial position, business strategy, projected performance and financing needs, are forward-looking statements. Those statements include statements regarding the intent, belief or current expectations of Lodgian and members of its management team, as well as the assumptions on which such statements are based, and generally are identified by the use of words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “should” or similar expressions. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that actual results may differ materially from those contemplated by such forward-looking statements. Many of these factors are beyond the company’s ability to control or predict. Such factors include, but are not limited to, the effects of regional, national and international economic conditions, our ability to refinance or extend maturing mortgage indebtedness, competitive conditions in the lodging industry and increases in room supply, requirements of franchise agreements (including the right of franchisors to immediately terminate their respective agreements if we breach certain provisions), our ability to complete planned hotel dispositions, the effects of unpredictable weather events such as hurricanes, the financial

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condition of the airline industry and its impact on air travel, the effect of self-insured claims in excess of our reserves and our ability to obtain adequate insurance at reasonable rates, and other factors discussed under Item IA (Risk Factors) in Lodgian’s Form 10-K for the year ended December 31, 2008, and as updated in our Forms 10-Q for the quarters ended March 31 and June 30, 2009. We assume no duty to update these statements.

Management believes these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations. All written and oral forward-looking statements attributable to Lodgian or persons acting on its behalf are qualified in their entirety by these cautionary statements. Further, forward-looking statements speak only as of the date they are made, and the company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time unless otherwise required by law.

# # #

LODGIAN, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(UNAUDITED)


	June 30, 2009			December 31, 2008
	($ in thousands, except share data)
ASSETS
Current assets:
Cash and cash equivalents	$	23,752		$	20,454
Cash, restricted		10,327			8,179
Accounts receivable (net of allowances: 2009 — $328; 2008 — $263)		8,184			7,115
Inventories		3,116			2,983
Prepaid expenses and other current assets		14,166			21,257
Assets held for sale		5,622			33,021

Total current assets		65,167			93,009

Property and equipment, net		450,560			447,366
Deposits for capital expenditures		7,588			11,408
Other assets		5,110			3,631

	$	528,425		$	555,414


LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities:
Accounts payable	$	5,647		$	7,897
Other accrued liabilities		22,929			22,897
Advance deposits		1,953			1,293
Current portion of long-term liabilities		66,720			124,955
Liabilities related to assets held for sale		803			16,167

Total current liabilities		98,052			173,209

Long-term liabilities		258,104			194,800

Total liabilities		356,156			368,009

Commitments and contingencies
Stockholders’ equity:
Common stock, $.01 par value, 60,000,000 shares authorized; 25,144,364 and 25,075,837 issued at June 30, 2009 and December 31, 2008, respectively		252			251
Additional paid-in capital		331,319			330,785
Accumulated deficit		(119,143	)		(105,246	)
Accumulated other comprehensive income		33			1,262
Treasury stock, at cost, 3,826,157 and 3,806,000 at June 30, 2009 and December 31, 2008, respectively		(39,690	)		(39,647	)

Total stockholders’ equity attributable to common stock		172,771			187,405
Noncontrolling interest		(502	)		0

Total stockholders’ equity		172,269			187,405

	$	528,425		$	555,414

LODGIAN, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)


	Three Months Ended June 30,						Six Months Ended June 30,
	2009			2008			2009			2008
	($ in thousands, except share data)						($ in thousands, except share data)

Revenues:
Rooms	$	40,238		$	50,185		$	77,807		$	95,296
Food and beverage		12,655			15,564			23,658			27,820
Other		1,970			2,153			3,689			4,234

Total revenues		54,863			67,902			105,154			127,350

Direct operating expenses:
Rooms		10,951			12,391			21,264			23,825
Food and beverage		8,380			9,996			16,132			18,969
Other		1,335			1,556			2,651			2,967

Total direct operating expenses		20,666			23,943			40,047			45,761

		34,197			43,959			65,107			81,589

Other operating expenses:
Other hotel operating costs		15,211			18,107			31,138			36,388
Property and other taxes, insurance, and leases		4,562			3,851			8,854			8,294
Corporate and other		3,573			3,471			7,181			9,668
Casualty losses, net		15			—			96			—
Depreciation and amortization		8,800			7,989			17,293			15,455
Impairment of long-lived assets		3,816			5,580			4,325			7,721

Total other operating expenses		35,977			38,998			68,887			77,526

Operating (loss) income		(1,780	)		4,961			(3,780	)		4,063

Other income (expenses):
Interest income and other		37			276			82			666
Interest expense		(3,658	)		(4,920	)		(7,579	)		(10,238	)

(Loss) income before income taxes and noncontrolling interest		(5,401	)		317			(11,277	)		(5,509	)
Benefit (provision) for income taxes — continuing operations		53			(33	)		(18	)		(85	)

(Loss) income from continuing operations		(5,348	)		284			(11,295	)		(5,594	)


Discontinued operations:
(Loss) income from discontinued operations before income taxes		(2,031	)		5,977			(3,141	)		4,520
Benefit (provision) for income taxes — discontinued operations		62			106			37			(77	)

(Loss) income from discontinued operations		(1,969	)		6,083			(3,104	)		4,443


Net (loss) income		(7,317	)		6,367			(14,399	)		(1,151	)
Less: Net loss attributable to noncontrolling interest		342			—			502			—

Net (loss) income attributable to common stock	$	(6,975	)	$	6,367		$	(13,897	)	$	(1,151	)


Basic and diluted net (loss) income per share attributable to common stock	$	(0.33	)	$	0.29		$	(0.65	)	$	(0.05	)

LODGIAN, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS BY QUARTER
(UNAUDITED)


	2009						2008												2007
	Second			First			Fourth			Third			Second			First			Fourth			Third
	Quarter			Quarter			Quarter			Quarter			Quarter			Quarter			Quarter			Quarter
	($ in thousands)

Revenues:
Rooms	$	40,238		$	37,569		$	39,434		$	47,251		$	50,185		$	45,111		$	41,859		$	47,745
Food and beverage		12,655			11,003			13,700			12,656			15,564			12,256			14,600			13,042
Other		1,970			1,719			1,902			2,189			2,153			2,081			1,834			2,162

		54,863			50,291			55,036			62,096			67,902			59,448			58,293			62,949


Direct operating expenses:
Rooms		10,951			10,313			11,216			12,385			12,391			11,434			10,742			12,188
Food and beverage		8,380			7,752			9,132			9,169			9,996			8,973			9,186			9,592
Other		1,335			1,316			1,353			1,566			1,556			1,411			1,310			1,534

		20,666			19,381			21,701			23,120			23,943			21,818			21,238			23,314

		34,197			30,910			33,335			38,976			43,959			37,630			37,055			39,635

Other operating expenses:
Other hotel operating costs		15,211			15,927			16,423			18,633			18,107			18,281			16,697			18,239
Property and other taxes, insurance and leases		4,562			4,292			4,296			4,314			3,851			4,443			4,421			4,147
Corporate and other		3,573			3,608			3,067			4,373			3,471			6,197			4,248			5,575
Casualty losses (gains), net		15			81			1,153			(56	)		—			—			—			—
Restructuring		—			—			—			—			—			—			(25	)		1,258
Depreciation and amortization		8,800			8,493			8,352			8,123			7,989			7,466			7,571			7,332
Impairment of long-lived assets		3,816			509			354			1,393			5,580			2,141			796			512

Other operating expenses		35,977			32,910			33,645			36,780			38,998			38,528			33,708			37,063

Operating (loss) income		(1,780	)		(2,000	)		(310	)		2,196			4,961			(898	)		3,347			2,572

Other income (expenses):
Interest income and other		37			45			146			242			276			390			912			1,312
Other interest expense		(3,658	)		(3,921	)		(4,720	)		(4,967	)		(4,920	)		(5,318	)		(5,946	)		(6,114	)

(Loss) income before income taxes		(5,401	)		(5,876	)		(4,884	)		(2,529	)		317			(5,826	)		(1,687	)		(2,230	)
Benefit (provision) for income taxes — continuing operations		53			(71	)		(71	)		79			(33	)		(52	)		(1,678	)		1,062

(Loss) income from continuing operations		(5,348	)		(5,947	)		(4,955	)		(2,450	)		284			(5,878	)		(3,365	)		(1,168	)


Discontinued operations:
(Loss) income from discontinued operations before income taxes		(2,031	)		(1,110	)		210			(3,681	)		5,977			(1,457	)		(5,978	)		1,889
Benefit (provision) for income taxes		62			(25	)		95			(52	)		106			(183	)		1,270			(674	)

(Loss) income from discontinued operations		(1,969	)		(1,135	)		305			(3,733	)		6,083			(1,640	)		(4,708	)		1,215


Net (loss) income	$	(7,317	)	$	(7,082	)	$	(4,650	)	$	(6,183	)	$	6,367		$	(7,518	)	$	(8,073	)	$	47
Less: Net loss (income) attributable to noncontrolling interest		342			160			—			—			—			—			—			—

Net (loss) income attributable to common stock	$	(6,975	)	$	(6,922	)	$	(4,650	)	$	(6,183	)	$	6,367		$	(7,518	)	$	(8,073	)	$	47

LODGIAN, INC. AND SUBSIDIARIES
Reconciliation of EBITDA and Adjusted EBITDA (non-GAAP measures)
with Income/(Loss) from Continuing Operations (a GAAP measure)
(UNAUDITED)


	Three Months Ended June 30,						Six Months Ended June 30,
	2009			2008			2009			2008
	($ in thousands)						($ in thousands)
Continuing operations:
(Loss) income from continuing operations	$	(5,348	)	$	284		$	(11,295	)	$	(5,594	)
Net loss attributable to noncontrolling interest		342			—			502			—

(Loss) income from continuing operations attributable to common stock	$	(5,006	)	$	284		$	(10,793	)	$	(5,594	)
Depreciation and amortization		8,800			7,989			17,293			15,455
Interest income		(37	)		(276	)		(82	)		(666	)
Interest expense		3,658			4,920			7,579			10,238
Provision for income taxes		(53	)		33			18			85

EBITDA from continuing operations	$	7,362		$	12,950		$	14,015		$	19,518

Adjustments to EBITDA:
Impairment of long-lived assets	$	3,816		$	5,580		$	4,325		$	7,721
Casualty losses, net		15			—			96			—

Adjusted EBITDA from continuing operations	$	11,193		$	18,530		$	18,436		$	27,239

Lodgian, Inc.
Summary of Mortgage Debt as of June 30, 2009
($ in thousands)
(UNAUDITED)


	Number		Debt		Maturity
	of Hotels		Balance		Date	Interest rate

Mortgage Debt
IXIS		3	$	20,828	Mar-10[1]	LIBOR plus 2.95%, capped at 7.45%
IXIS		1		18,412	Dec-09[1]	LIBOR plus 2.90%, capped at 7.90%
Goldman Sachs		10		130,000	May-10[2]	LIBOR plus 1.50%; capped at 6.50%
Merrill Lynch Mortgage Lending, Inc. — Fixed #1		4		38,669	Dec-09[3]		6.58	%
Merrill Lynch Mortgage Lending, Inc. — Fixed #3		6		45,739	Oct-09		6.58	%
Merrill Lynch Mortgage Lending, Inc. — Fixed #4		6		35,576	Jul-12		6.58	%
Wachovia- Pinehurst		1		2,954	Jun-10		5.78	%
Wachovia- Phoenix West		1		9,411	Jan-11		6.03	%
Wachovia- Palm Desert		1		5,706	Feb-11		6.04	%
Wachovia- Worcester		1		16,328	Feb-11		6.04	%

Total Mortgage Debt		34	$	323,623			4.20	% ^[4]


[1] —		Upon the satisfaction of certain conditions, a one-year extension option is available beyond the maturity date.

[2] —		Upon the satisfaction of certain conditions, two one-year extension options are available beyond the maturity date.

[3] —		The current maturity date is December 31, 2009 with an option to extend to July 1, 2010

[4] —		Annual effective weighted average cost of debt at June 30, 2009.

Lodgian, Inc.
2009 Supplemental Operating Information
(UNAUDITED)


Hotel	Room			Three months ended
Count	Count			June 30, 2009			June 30, 2008			Increase (Decrease)
36		6,789	All Continuing Operations hotels
			Occupancy		66.0	%		75.3	%				(12.4	)%
			ADR	$	98.66		$	107.69			($9.03	)	(8.4	)%
			RevPAR	$	65.12		$	81.08			($15.96	)	(19.7	)%
			RevPAR Index		99.2	%		99.3	%		(0.1	)%	(0.1	)%

27		4,801	Continuing Operations less hotels under renovation in the first and second quarter 2008 or 2009
			Occupancy		66.0	%		75.9	%				(13.0	)%
			ADR	$	96.19		$	105.22			($9.03	)	(8.6	)%
			RevPAR	$	63.48		$	79.82			($16.34	)	(20.5	)%
			RevPAR Index		100.6	%		101.9	%		(1.3	)%	(1.3	)%

12		1,398	Marriott Hotels
			Occupancy		68.9	%		77.8	%				(11.4	)%
			ADR	$	100.74		$	112.51			($11.77	)	(10.5	)%
			RevPAR	$	69.42		$	87.54			($18.12	)	(20.7	)%
			RevPAR Index		110.9	%		111.4	%		(0.5	)%	(0.4	)%

2		396	Hilton Hotels
			Occupancy		61.9	%		72.7	%				(14.9	)%
			ADR	$	112.66		$	114.69			($2.03	)	(1.8	)%
			RevPAR	$	69.71		$	83.42			($13.71	)	(16.4	)%
			RevPAR Index		99.3	%		99.7	%		(0.4	)%	(0.4	)%

18		4,120	IHG Hotels
			Occupancy		66.0	%		75.7	%				(12.8	)%
			ADR	$	100.85		$	107.53			($6.68	)	(6.2	)%
			RevPAR	$	66.52		$	81.36			($14.84	)	(18.2	)%
			RevPAR Index		98.1	%		98.0	%		0.1	%	0.1	%

4		875	Other Brands — Radisson, Wyndham and Four Points by Sheraton
			Occupancy		63.4	%		70.7	%				(10.3	)%
			ADR	$	78.18		$	96.74			($18.56	)	(19.2	)%
			RevPAR	$	49.57		$	68.36			($18.79	)	(27.5	)%
			RevPAR Index		82.2	%		84.7	%		(2.5	)%	(3.0	)%

Lodgian, Inc.
2009 Supplemental Operating Information
(UNAUDITED)


Hotel		Room			Six months ended
Count		Count			June 30, 2009			June 30, 2008			Increase (Decrease)
	36		6,789	All Continuing Operations hotels
				Occupancy		63.7	%		71.0	%				(10.3	)%
				ADR	$	99.36		$	108.44			($9.08	)	(8.4	)%
				RevPAR	$	63.27		$	76.98			($13.71	)	(17.8	)%
				RevPAR Index		98.4	%		98.4	%		0.0	%	0.0	%

	27		4,775	Continuing Operations less hotels under renovation in the first quarter 2008 or 2009
				Occupancy		65.4	%		72.8	%				(10.2	)%
				ADR	$	97.17		$	106.86			($9.69	)	(9.1	)%
				RevPAR	$	63.51		$	77.74			($14.23	)	(18.3	)%
				RevPAR Index		99.6	%		99.9	%		(0.3	)%	(0.3	)%

	12		1,398	Marriott Hotels
				Occupancy		66.9	%		72.0	%				(7.1	)%
				ADR	$	102.27		$	113.45			($11.18	)	(9.9	)%
				RevPAR	$	68.41		$	81.67			($13.26	)	(16.2	)%
				RevPAR Index		113.0	%		110.8	%		2.2	%	2.0	%

	2		396	Hilton Hotels
				Occupancy		59.0	%		65.8	%				(10.3	)%
				ADR	$	110.69		$	112.59			($1.90	)	(1.7	)%
				RevPAR	$	65.34		$	74.12			($8.78	)	(11.8	)%
				RevPAR Index		97.9	%		97.4	%		0.5	%	0.5	%

	18		4,120	IHG Hotels
				Occupancy		62.7	%		71.6	%				(12.4	)%
				ADR	$	101.13		$	108.18			($7.05	)	(6.5	)%
				RevPAR	$	63.40		$	77.44			($14.04	)	(18.1	)%
				RevPAR Index		96.1	%		98.0	%		(1.9	)%	(1.9	)%

	4		875	Other Brands — Radisson, Wyndham and Four Points by Sheraton
				Occupancy		65.2	%		68.9	%				(5.4	)%
				ADR	$	81.94		$	99.56			($17.62	)	(17.7	)%
				RevPAR	$	53.46		$	68.60			($15.14	)	(22.1	)%
				RevPAR Index		84.6	%		81.4	%		3.2	%	3.9	%

Lodgian, Inc.
Hotel Portfolio as of August 1, 2009


Location	Brand	Rooms

Continuing Operations
Bentonville, AR	Courtyard by Marriott		90
Little Rock, AR	Residence Inn by Marriott		96
Phoenix, AZ	Crowne Plaza		295
Phoenix, AZ	Holiday Inn		144
Phoenix, AZ	Radisson		159
Palm Desert, CA	Holiday Inn Express		129
Denver, CO	Marriott		238
Melbourne, FL	Crowne Plaza		270
West Palm Beach, FL	Crowne Plaza		219
Atlanta, GA	Courtyard by Marriott		181
Ft. Wayne, IN	Hilton		244
Florence, KY	Courtyard by Marriott		78
Paducah, KY	Courtyard by Marriott		100
Kenner, LA	Radisson		244
Lafayette, LA	Courtyard by Marriott		90
Dedham, MA	Residence Inn by Marriott		81
Worcester, MA	Crowne Plaza		243
Baltimore (BWI Airport), MD	Holiday Inn		259
Baltimore (Inner Harbor), MD	Holiday Inn		365
Columbia, MD	Hilton		152
Silver Spring, MD	Crowne Plaza		231
Pinehurst, NC	Springhill Suites by Marriott		107
Merrimack, NH	Fairfield Inn by Marriott		115
Santa Fe, NM	Holiday Inn		130
Albany, NY	Crowne Plaza		384
Strongsville, OH	Holiday Inn		303
Tulsa, OK	Courtyard by Marriott		122
Monroeville, PA	Holiday Inn		187
Philadelphia, PA	Four Points by Sheraton		190
Pittsburgh — Washington, PA	Holiday Inn		138
Pittsburgh, PA	Crowne Plaza		193
Hilton Head, SC	Holiday Inn		202
Myrtle Beach, SC	Holiday Inn		133
Abilene, TX	Courtyard by Marriott		100
Dallas (DFW Airport), TX	Wyndham		282
Houston, TX	Crowne Plaza		294

			6,788


Held For Sale
Troy, MI	Ramada Plaza		185
Memphis, TN	Independent		105

			290


Delaware	001-14537	52-2093696
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)


	Lodgian, Inc. Dated: August 5, 2009
	By:	/s JAMES A. MACLENNAN
		James A. MacLennan
		Executive Vice President and Chief Financial Officer (Principal Accounting Officer)


Exhibit No.		Description
99.1		Press Release of Lodgian, Inc. dated August 5, 2009.