8-K

United States
Securities And Exchange Commission

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 10, 2008

Lodgian, Inc.

(Exact Name of Registrant as Specified in Charter)

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

3445 Peachtree Road, N.E., Suite 700
Atlanta, GA 30326
(Address of principal executive offices)

(404) 364-9400
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

Following Lodgian’s conference call for the quarter and year ended December 31, 2007, on February 26, 2008, an analyst covering the Company requested historical pro forma information on the Company’s newly identified “Continuing Operations” portfolio, which now contains 35 hotels. Attached as Exhibit 99.1 is a historical income statement by quarter for 2006 and 2007 for the Company’s new “Continuing Operations” portfolio.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit 99.1 –  Pro forma quarterly Income Statements for the Company’s continuing operations portfolio for 2006 and 2007

The information contained in this Current Report on Form 8-K, including the exhibit, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. Furthermore, the information in the Current Report on Form 8-K, including the exhibit, shall not be deemed to be incorporated by reference into the filings of the registrant under the Securities Act of 1933 regardless of any general incorporation language in such filings.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Lodgian, Inc. Dated: March 10, 2008
By:	/s Daniel E. Ellis
	Daniel E. Ellis
	Senior Vice President, General Counsel and Secretary

Exhibit Index

Exhibit No.	Description
99.1	Pro forma quarterly Income Statements for the Company’s continuing operations portfolio for 2006 and 2007

3

EX-99.1

CONTINUING OPERATIONS HOTEL PORTFOLIO (35 HOTELS)
EFFECTIVE 2008 FIRST QUARTER
PRO FORMA INCOME STATEMENT

	2007												2006
	Fourth			Third			Second			First			Fourth			Third			Second			First
	Quarter			Quarter			Quarter			Quarter			Quarter			Quarter			Quarter			Quarter
										(Unaudited in thousands)
Revenues:
Rooms	$	39,468		$	45,549		$	47,809		$	41,540		$	38,202		$	42,219		$	45,441		$	39,060
Food and beverage		13,319			12,033			14,231			11,650			12,726			10,792			13,007			9,787
Other		1,694			1,994			2,038			1,600			1,700			1,736			1,807			1,518
		54,481			59,576			64,078			54,790			52,628			54,747			60,255			50,365
Direct operating expenses:
Rooms		10,129			11,605			11,363			10,263			10,117			10,907			11,025			9,843
Food and beverage		8,380			8,878			9,245			8,259			8,537			8,116			8,655			7,327
Other		1,210			1,436			1,406			1,212			1,234			1,320			1,451			1,236
		19,719			21,919			22,014			19,734			19,888			20,343			21,131			18,406
		34,762			37,657			42,064			35,056			32,740			34,404			39,124			31,959
Other operating expenses:
Other hotel operating costs		15,624			17,171			16,906			16,131			14,809			15,564			15,452			15,044
Property and other taxes, insurance and leases		4,210			3,967			4,291			4,698			4,950			4,902			3,961			3,666
Corporate and other		4,250			5,577			5,905			5,664			4,942			5,587			5,259			4,911
Casualty (gain) losses, net		—			—			—			(1,867	)		—			(3,085	)		34			166
Restructuring		(26	)		1,258			—			—			—			—			—			—
Depreciation and amortization		7,329			7,077			6,955			6,831			6,780			6,939			6,762			6,316
Impairment of long-lived assets		470			395			141			153			147			281			13			191
Other operating expenses		31,857			35,445			34,198			31,610			31,628			30,188			31,481			30,294
		2,905			2,212			7,866			3,446			1,112			4,216			7,643			1,665
Other income (expenses):
Business interruption insurance proceeds		—			299			272			—			530			2,706			695			—
Interest income and other		913			1,312			807			912			652			770			835			301
Other interest expense		(5,567	)		(5,730	)		(5,816	)		(5,154	)		(5,225	)		(5,403	)		(5,153	)		(4,907	)
Loss on debt extinguishment		—			—			(3,329	)		—			—			—			—			—
(Loss) income before income taxes and minority interests		(1,749	)		(1,907	)		(200	)		(796	)		(2,931	)		2,289			4,020			(2,941	)
Minority interests (net of taxes, nil)		—			—			(56	)		(365	)		335			100			(136	)		(4	)
(Loss) income before income taxes — continuing operations		(1,749	)		(1,907	)		(256	)		(1,161	)		(2,596	)		2,389			3,884			(2,945	)
(Provision) benefit for income taxes — continuing operations		(2,114	)		907			392			677			(2,121	)		(1,315	)		(2,004	)		764
(Loss) income from continuing operations	$	(3,863	)	$	(1,000	)	$	136		$	(484	)	$	(4,717	)	$	1,074		$	1,880		$	(2,181	)