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Published on 1/22/2007 in the Prospect News Special Situations Daily.

Lodgian exploring strategic alternatives

By Lisa Kerner

Charlotte, N.C., Jan. 22 - Lodgian, Inc. said it began a review of strategic alternatives to enhance shareholder value with the assistance of Goldman, Sachs & Co. and Genesis Capital, LLC.

The company will not disclose specific alternatives unless they are approved by Lodgian's board, according to a company news release.

Lodgian is an Atlanta-based independent owner and operator of 69 full-service hotels in the United States.


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