Lodgian, Inc. (Lodgian) is an independent owner and operator of full-service hotels in the United States. The Company operates substantially all of its hotels under brands, such as Crowne Plaza, Four Points by Sheraton, Hilton, Holiday Inn, Marriott and Wyndham. As of March 1, 2009, Lodgian operated 41 hotels with an aggregate of 7,578 rooms, located in 23 states and Canada. Of the 41 hotels, 35 hotels, with an aggregate of 6,655 rooms, are held for use, while 6 hotels, with an aggregate of 923 rooms, are held for sale. Its portfolio of hotels consists of 40 hotels that the Company wholly owns and operates through subsidiaries, and one hotel that it operates in a joint venture in the form of a limited partnership, in which a Lodgian subsidiary serves as the general partner, has a 51% voting interest and exercises significant control.