BASELINE HOSPITALITY PROPERTIES FINANCIALS
For the Period Ended September 30, 2008
	JAN	FEB	MAR	1Q Total	APRIL	MAY	JUNE	2Q Total	YTD Total		JULY	AUG	SEPT	3Q Total	YTD Total	OCT	NOV	DEC	4Q Total	Year End
SUITES AVAILABLE
2000	5270	4930	5270	15470	5100	5270	5100	15470	30940		5270	5270	5100	15640	46580	5270	5100	5270	15640	62220
2001	5270	4760	5270	15300	5100	5270	5100	15470	30770		5270	5270	5100	15640	46410	5270	5100	5270	15640	62050
2002	5270	4760	5270	15300	5100	5270	5100	15470	30770		5270	5270	5100	15640	46410	5270	5100	5270	15640	62050
2003	5270	4760	5270	15300	5100	5270	5100	15470	30770		5270	5270	5100	15640	46410	5270	5100	5270	15640	62050
2004	4960	4640	4960	14560	4800	4960	4800	14560	29120		4960	4960	4800	14720	43840	4960	4800	4960	14720	58560
2005	4960	4480	4960	14400	4800	4960	4800	14560	28960		4960	4960	4800	14720	43680	4960	4800	4960	14720	58400
2006	4960	4480	4960	14400	4800	4960	4800	14560	28960		4960	4960	4800	14720	43680	4960	4800	4960	14720	58400
2007	4960	4480	4960	14400	4800	4960	4800	14560	28960		4960	4960	4800	14720	43680	4960	4800	4960	14720	58400
2008	4960	4480	4960	14400	4800	4960	4800	14560	28960		4960	4960	4800	14720	43680	4960	4800	4960	14720	58400
REVENUE SUITES
2000	3986	4142	4794	12922	3492	3159	2479	9130	22052		2663	3245	3009	8917	30969	4306	3637	2966	10909	41878
2001	3233	3622	4561	11416	3094	2798	2730	8622	20038		2893	2531	2269	7693	27731	3452	2687	2393	8532	36263
2002	3340	3400	4385	11125	2507	2999	2751	8257	19382		2705	1889	1798	6392	25774	3334	2761	2490	8585	34359
2003	3275	3455	4182	10912	2716	2643	2363	7722	18634		2752	2384	1949	7085	25719	3183	2525	2516	8224	33943
2004	3525	3704	4350	11579	3200	2720	2597	8517	20096		3033	2559	1997	7589	27685	2847	2850	2647	8344	36029
2005	3646	4002	4595	12243	3123	2788	2553	8464	20707		2621	2586	2216	7423	28130	3102	3365	3136	9603	37733
2006	3509	3588	4658	11755	3636	3053	2596	9285	21040		2963	2759	2522	8244	29284	3336	3214	3221	9771	39055
2007	3964	3812	4767	12543	3530	3116	2539	9185	21728		2902	2602	2647	8151	29879	3736	3322	3270	10328	40207
2008	3637	3834	4604	12075	3135	2797	1968	9470	21545		2440	2301	2343	7084	28629	3852	3425	3371	10648	39277
COMP SUITES
2000	109	98	66	273	83	84	97	264	537		90	96	110	296	833	120	144	107	371	1204
2001	92	51	105	248	87	100	73	260	508		87	132	72	291	799	119	86	138	343	1142
2002	88	81	67	236	91	134	77	302	538		145	94	139	378	916	176	148	137	461	1377
2003	97	83	73	253	149	96	84	329	582		117	116	106	339	921	219	163	125	507	1428
2004	124	69	69	262	96	75	75	246	508		190	250	103	543	1051	189	146	199	534	1585
2005	119	0	54	173	134	135	115	384	557		157	124	147	428	985	186	229	239	654	1639
2006	31	26	1	58	97	151	38	286	344		93	127	98	318	662	98	148	93	339	1001
2007	44	31	11	86	119	92	153	364	450	0	139	112	82	333	0	153	157	166	476	1259
2008	44	45	10	99	177	132	90	399			112	88	79	279					0	777
OCCUPANCY PERCENT %  (Revenue Suites only/Suites Available)
2000	75.6%	84.0%	91.0%	83.5%	68.5%	59.9%	48.6%	59.0%	71.3%		50.5%	61.6%	59.0%	57.0%	66.5%	81.7%	71.3%	56.3%	69.8%	67.3%
2001	61.3%	76.1%	86.5%	74.6%	60.7%	53.1%	53.5%	55.7%	65.1%		54.9%	48.0%	44.5%	49.2%	59.8%	65.5%	52.7%	45.4%	54.6%	58.4%
2002	63.4%	71.4%	83.2%	72.7%	49.2%	56.9%	53.9%	53.4%	63.0%		51.3%	35.8%	35.3%	40.9%	55.5%	63.3%	54.1%	47.2%	54.9%	55.4%
2003	62.1%	72.6%	79.4%	71.3%	53.3%	50.2%	46.3%	49.9%	60.6%		52.2%	45.2%	38.2%	45.3%	55.4%	60.4%	49.5%	47.7%	52.6%	54.7%
2004	71.1%	79.8%	87.7%	79.5%	66.7%	54.8%	54.1%	58.5%	69.0%		61.1%	51.6%	41.6%	51.6%	63.2%	57.4%	59.4%	53.4%	56.7%	61.5%
2005	73.5%	89.3%	92.6%	85.0%	65.1%	56.2%	53.2%	58.1%	71.5%		52.8%	52.1%	46.2%	50.4%	64.4%	62.5%	70.1%	63.2%	65.2%	64.6%
2006	70.7%	80.1%	93.9%	81.6%	75.8%	61.6%	54.1%	63.8%	72.7%		59.7%	55.6%	52.5%	56.0%	67.0%	67.3%	67.0%	64.9%	66.4%	66.9%
2007	79.9%	85.1%	96.1%	87.1%	73.5%	62.8%	52.9%	63.1%	75.0%		58.5%	52.5%	55.1%	55.4%	68.4%	75.3%	69.2%	65.9%	70.2%	68.8%
2008	73.3%	85.6%	92.8%	83.9%	65.3%	56.4%	41.0%	65.0%	74.4%		49.2%	46.4%	48.8%	48.1%	65.5%	77.7%	71.4%	68.0%	72.3%	67.3%
AVERAGE DAILY RATE (Room Revenue/Revenue Suites)
2000	$                  74.30	$             80.21	$              89.42	$              81.80	$     74.40	$     63.98	$     57.99	$     66.34	$75.40		$     53.49	$     54.02	$     59.62	$     55.75	$69.74	$     63.76	$     63.19	$     61.02	$           62.83	$         67.94
2001	$                  69.04	$             79.61	$              84.78	$              78.68	$     69.64	$     60.77	$     53.53	$     61.66	$71.36		$     54.00	$     55.55	$     56.77	$     55.33	$66.91	$     63.99	$     66.03	$     64.09	$           64.66	$         66.38
2002	$                  64.73	$             71.01	$              78.10	$              71.92	$     66.50	$     58.56	$     54.74	$     59.70	$66.71		$     52.17	$     57.41	$     56.77	$     55.01	$63.81	$     63.87	$     63.16	$     61.00	$           62.81	$         63.56
2003	$                  65.16	$             69.23	$              76.14	$              70.66	$     63.62	$     58.38	$     53.70	$     58.79	$65.74		$     52.57	$     53.47	$     54.89	$     53.51	$62.37	$     61.36	$     61.23	$     62.68	$           61.72	$         62.21
2004	$                  65.29	$             69.73	$              78.38	$              71.63	$     65.09	$     65.83	$     62.15	$     64.43	$68.58		$     54.16	$     53.99	$     60.47	$     55.77	$65.07	$     69.19	$     67.10	$     66.48	$           67.62	$         65.66
2005	$                  70.13	$             75.69	$              85.90	$              77.86	$     70.78	$     62.70	$     55.83	$     63.61	$72.04		$     56.62	$     54.95	$     60.18	$     57.10	$68.10	$     73.05	$     70.90	$     66.98	$           70.31	$         68.66
2006	$                  76.80	$             86.11	$              92.78	$              85.98	$     73.32	$     67.87	$     60.27	$     67.88	$77.99		$     64.08	$     60.74	$     61.72	$     62.24	$73.56	$     74.05	$     74.70	$     71.24	$           73.33	$         73.50
2007	$                  85.21	$             92.92	$            102.64	$              94.17	$     81.41	$     71.44	$     66.40	$     73.88	$85.59		$     67.37	$     71.95	$     68.84	$     69.31	$81.15	$     81.43	$     76.94	$     67.56	$           75.59	$         79.72
2008	$                  88.46	$          103.53	$            107.21	$            100.39	$     82.55	$     71.25	$     74.59	$     63.87	$84.34		$     65.26	$     61.16	$     68.41	$     64.97	$79.55	$     83.51	$     95.08	$     86.00	$           88.02	$         81.84
REVENUE PAR  (Room Revenue/Suites Available)
2000	$                  56.20	$             67.39	$              81.34	$              68.33	$     50.94	$     38.35	$     28.19	$     39.15	$53.74		$     27.03	$     33.26	$     35.18	$     31.79	$46.37	$     52.10	$     45.07	$     34.35	$           43.82	$         45.73
2001	$                  42.36	$             60.58	$              73.38	$              58.71	$     42.25	$     32.26	$     28.66	$     34.36	$46.47		$     29.65	$     26.68	$     25.26	$     27.21	$39.98	$     41.91	$     34.79	$     29.10	$           35.27	$         38.79
2002	$                  41.03	$             50.72	$              64.98	$              52.29	$     32.69	$     33.32	$     29.53	$     31.86	$42.02		$     26.78	$     20.58	$     20.01	$     22.48	$35.44	$     40.41	$     34.19	$     28.82	$           34.48	$         35.20
2003	$                  40.49	$             50.25	$              60.42	$              50.39	$     33.88	$     29.28	$     24.88	$     29.35	$39.81		$     27.45	$     24.19	$     20.98	$     24.24	$34.56	$     37.06	$     30.31	$     29.92	$           32.46	$         34.03
2004	$                  46.40	$             55.67	$              68.74	$              56.96	$     43.39	$     36.10	$     33.63	$     37.69	$47.33		$     33.12	$     27.86	$     25.16	$     28.75	$41.09	$     39.72	$     39.84	$     35.48	$           38.33	$         40.40
2005	$                  51.55	$             67.62	$              79.58	$              66.20	$     46.05	$     35.24	$     29.70	$     36.98	$51.51		$     29.92	$     28.65	$     27.78	$     28.79	$43.85	$     45.68	$     49.71	$     42.35	$           45.87	$         44.36
2006	$                  54.34	$             68.96	$              87.13	$              70.18	$     55.54	$     41.78	$     32.60	$     43.29	$56.66		$     38.28	$     33.79	$     32.43	$     34.86	$49.31	$     49.80	$     50.02	$     46.26	$           48.68	$         49.15
2007	$                  68.10	$             79.06	$              98.64	$              82.03	$     59.87	$     44.88	$     35.12	$     46.61	$64.22		$     39.42	$     37.75	$     37.96	$     38.38	$55.51	$     61.34	$     53.25	$     44.54	$           53.04	$         54.89
2008	$                  64.87	$             88.60	$              99.51	$              84.18	$     53.91	$     40.18	$     30.58	$     41.54	$62.75		$     32.10	$     28.37	$     33.40	$     31.27	$52.14	$     64.85	$     67.84	$     58.46	$           63.67	$         55.04
ROOM REVENUE
2000	$             296,157	$        332,217	$         428,657	$      1,057,031	$ 259,812	$ 202,102	$ 143,746	$ 605,660	######		$ 142,444	$ 175,299	$ 179,406	$ 497,149	######	$ 274,565	$ 229,836	$ 181,000	$      685,401	$ 2,845,241
2001	$             223,212	$        288,355	$         386,691	$          898,258	$ 215,453	$ 170,024	$ 146,141	$ 531,618	######		$ 156,231	$ 140,586	$ 128,820	$ 425,637	######	$ 220,890	$ 177,411	$ 153,357	$      551,658	$ 2,407,171
2002	$             216,205	$        241,445	$         342,457	$          800,107	$ 166,727	$ 175,615	$ 150,582	$ 492,924	######		$ 141,119	$ 108,440	$ 102,066	$ 351,625	######	$ 212,936	$ 174,393	$ 151,897	$      539,226	$ 2,183,882
2003	$             213,405	$        239,188	$         318,399	$          770,992	$ 172,783	$ 154,297	$ 126,904	$ 453,984	######		$ 144,663	$ 127,462	$ 106,988	$ 379,113	######	$ 195,314	$ 154,600	$ 157,692	$      507,606	$ 2,111,695
2004	$             230,161	$        258,288	$         340,941	$          829,390	$ 208,294	$ 179,046	$ 161,403	$ 548,743	######		$ 164,273	$ 138,166	$ 120,767	$ 423,206	######	$ 196,988	$ 191,248	$ 175,984	$      564,221	$ 2,365,560
2005	$             255,682	$        302,919	$         394,696	$          953,297	$ 221,032	$ 174,799	$ 142,537	$ 538,368	######		$ 148,398	$ 142,100	$ 133,354	$ 423,852	######	$ 226,595	$ 238,586	$ 210,036	$      675,217	$ 2,590,734
2006	$             269,507	$        308,961	$         432,175	$      1,010,643	$ 266,577	$ 207,204	$ 156,466	$ 630,247	######		$ 189,860	$ 167,583	$ 155,658	$ 513,101	######	$ 247,018	$ 240,084	$ 229,451	$      716,553	$ 2,870,544
2007	$             337,755	$        354,202	$         489,263	$      1,181,220	$ 287,392	$ 222,609	$ 168,586	$ 678,587	######		$ 195,521	$ 187,223	$ 182,223	$ 564,967	######	$ 304,226	$ 255,586