
	For the Three Months Ended September 30, 2015
	Hotels		Travel Centers		Corporate		Consolidated
Hotel operating revenues	$	437,171	$	-	$	-	$	437,171
Rental income		8,199		65,548		-		73,747
FF&E reserve income		968		-		-		968
Total revenues		446,338		65,548		-		511,886

Hotel operating expenses		308,603		-		-		308,603
Depreciation and amortization		54,100		30,161		-		84,261
General and administrative		-		-		19,831		19,831
Acquisition related costs		851		-		-		851
Total expenses		363,554		30,161		19,831		413,546

Operating income (loss)		82,784		35,387		(19,831)		98,340

Interest income		-		-		11		11
Interest expense		-		-		(36,628)		(36,628)
Income (loss) before income taxes and equity in losses of an investee		82,784		35,387		(56,448)		61,723
Income tax expense		-		-		(514)		(514)
Equity in losses of an investee		-		-		(24)		(24)
Net income (loss)	$	82,784	$	35,387	$	(56,986)	$	61,185

	For the Nine Months Ended September 30, 2015
	Hotels		Travel Centers		Corporate		Consolidated
Hotel operating revenues	$	1,243,744	$	-	$	-	$	1,243,744
Rental income		24,339		183,222		-		207,561
FF&E reserve income		3,159		-		-		3,159
Total revenues		1,271,242		183,222		-		1,454,464

Hotel operating expenses		870,689		-		-		870,689
Depreciation and amortization		159,421		84,391		-		243,812
General and administrative		-		-		53,820		53,820
Acquisition related costs		1,986		-		-		1,986
Total expenses		1,032,096		84,391		53,820		1,170,307

Operating income (loss)		239,146		98,831		(53,820)		284,157

Interest income		-		-		32		32
Interest expense		-		-		(107,918)		(107,918)
Income (loss) before income taxes, equity in earnings of an investee and gain on sale of real estate		239,146		98,831		(161,706)		176,271
Income tax expense		-		-		(1,445)		(1,445)
Equity in earnings of an investee		-		-		71		71
Income (loss) before gain on sale of real estate		239,146		98,831		(163,080)		174,897
Gain on sale of real estate		-		11,015		-		11,015
Net income (loss)	$	239,146	$	109,846	$	(163,080)	$	185,912

	As of September 30, 2015
	Hotels		Travel Centers		Corporate		Consolidated
Total assets	$	3,903,957	$	2,425,709	$	164,884	$	6,494,550


	For the Three Months Ended September 30, 2014
	Hotels		Travel Centers		Corporate		Consolidated
Hotel operating revenues	$	394,973	$	-	$	-	$	394,973
Rental income		8,088		55,749		-		63,837
FF&E reserve income		829		-		-		829
Total revenues		403,890		55,749		-		459,639

Hotel operating expenses		279,560		-		-		279,560
Depreciation and amortization		54,024		25,625		-		79,649
General and administrative		-		-		16,798		16,798
Acquisition related costs		14		-		-		14
Total expenses		333,598		25,625		16,798		376,021

Operating income (loss)		70,292		30,124		(16,798)		83,618

Interest income		-		-		13		13
Interest expense		-		-		(34,304)		(34,304)
Loss on early extinguishment of debt						(129)		(129)
Income (loss) before income taxes and equity in earnings of an investee		70,292		30,124		(51,218)		49,198
Income tax expense		-		-		(39)		(39)
Equity in earnings of an investee		-		-		38		38
Net income (loss)	$	70,292	$	30,124	$	(51,219)	$	49,197

	For the Nine Months Ended September 30, 2014
	Hotels		Travel Centers		Corporate		Consolidated
Hotel operating revenues	$	1,112,157	$	-	$	-	$	1,112,157
Rental income		24,532		166,427		-		190,959
FF&E reserve income		2,673		-		-		2,673
Total revenues		1,139,362		166,427		-		1,305,789

Hotel operating expenses		780,955		-		-		780,955
Depreciation and amortization		160,402		76,297		-		236,699
General and administrative		-		-		41,429		41,429
Acquisition related costs		237		-		-		237
Total expenses		941,594		76,297		41,429		1,059,320

Operating income (loss)		197,768		90,130		(41,429)		246,469

Interest income		-		-		63		63
Interest expense		-		-		(104,101)		(104,101)
Loss on early extinguishment of debt		-		-		(855)		(855)
Income (loss) before income taxes, equity in earnings of an investee and gain on sale of real estate		197,768		90,130		(146,322)		141,576
Income tax expense		-		-		(1,110)		(1,110)
Equity in earnings of an investee		-		-		66		66
Income (loss) before gain on sale of real estate		197,768		90,130		(147,366)		140,532
Gain on sale of real estate		130		-		-		130
Net income (loss)	$	197,898	$	90,130	$	(147,366)	$	140,662

	As of December 31, 2014
	Hotels		Travel Centers		Corporate		Consolidated
Total assets	$	3,748,062	$	2,194,682	$	39,818	$	5,982,562