ATLANTA, Aug. 20 /PRNewswire-FirstCall/ -- Lodgian, Inc. (Amex: LGN), one
of the nation's largest independent owners and operators of full-service
hotels, today announced that John W. Allison has been elected to its board of
directors.
With more than 24 years of banking experience, Allison is the founder and
has been chairman of the board of Home BancShares (Nasdaq: HOMB) since 1998.
He also serves on the Executive Committee and the Asset/Liability Committee of
Home BancShares.
Allison also served as chairman of First National Bank of Conway from 1983
to 1998, and as a director of First Commercial Corporation, a bank holding
company, from 1985 until 1998. Prior to its sale to Regions Financial
Corporation in 1998, First Commercial was a publicly traded company and the
largest bank holding company headquartered in Arkansas, with approximately
$7.3 billion in assets.
Lodgian is one of the largest independent owners and operators of
full-service hotels in the United States. The company currently owns and
manages a portfolio of 43 hotels with 7,921 rooms located in 23 states and
Canada. Of the company's 43-hotel portfolio, 23 are InterContinental Hotels
Group brands (Crowne Plaza, Holiday Inn, Holiday Inn Select and Holiday Inn
Express), 12 are Marriott brands (Marriott, Courtyard by Marriott, SpringHill
Suites by Marriott, Residence Inn by Marriott and Fairfield Inn by Marriott),
three are Hilton brands, and four are affiliated with nationally recognized
franchisors including Starwood, Wyndham, and Carlson. One hotel is an
independent, unbranded property, which is currently closed and held for sale.
For more information about Lodgian, visit the company's Web site:
www.lodgian.com.
Contact:
Debi Neary Ethridge
Vice President, Finance & Investor Relations
dethridge@lodgian.com
(404) 365-2719
SOURCE Lodgian, Inc.