1/23/2015 1:07:04 PM - Steadily advanced since it completed another Public Offering when last noted in the 10/28/14 mid-day report with caution. Quarterly earnings increases through Sep '14 have been above the +25% minimum earnings guideline (C criteria). Completed Public Offerings on 11/01/13 and 9/04/14 and made gradual progress since noted with caution in the 2/13/12 mid-day report - "This REIT that invests in hotels has an erratic earnings history."

10/28/2014 12:56:00 PM - Perched near its all-time high, it just proposed yet another Public Offering. Quarterly earnings increases have been above the +25% minimum earnings guideline (C criteria). Completed Public Offerings on 11/01/13 and 9/04/14 and made gradual progress since last noted with caution in the 2/13/12 mid-day report - "This REIT that invests in hotels has an erratic earnings history."

2/13/2012 12:06:04 PM - Today it remains perched at its all-time high. During a prior streak of gains toward its historic highs the mid-day report noted - "This REIT that invests in hotels has an erratic earnings history."

2/6/2012 12:59:43 PM - Today it remains perched at its all-time high. During a prior streak of gains toward its historic highs the mid-day report noted - "This REIT that invests in hotels has an erratic earnings history."

2/3/2012 1:49:23 PM - Today's gap up gain helped it hit yet another new all-time high. During a prior streak of gains toward its historic highs the mid-day report noted - "This REIT that invests in hotels has an erratic earnings history."

2/1/2012 1:00:56 PM - Today's gain helped it hit new 52-week and all-time highs. During a prior streak of gains toward its historic highs the mid-day report noted - "This REIT that invests in hotels has an erratic earnings history."

1/27/2012 1:21:00 PM - Paused after challenging its 52-week high with a streak of 9 consecutive gains. The 1/25/12 mid-day report noted - "This REIT that invests in hotels has an erratic earnings history."

1/25/2012 12:37:30 PM - Approaching its 52-week high with today's 9th consecutive gain. This REIT that invests in hotels has an erratic earnings history.