Replies to post #27 on Condor Hospitality Trust Inc fka CDOR

[56Chevy]

Yes. This is a turn-around story as they upgrade the brands and will take a while to see the results.

They also lowered the interest rate on the debt:

As of March 31, 2013, Supertel had $115.6 million in outstanding debt on its continuing operations hotels with an average term of 3.6 years and weighted average annual interest rate of 5.8 percent.

http://finance.yahoo.com/news/supertel-hospitality-reports-2013-first-220323736.html

And they're still buying better brands:

On May 15, 2013, Supertel Limited Partnership, a limited partnership 99% owned by Supertel Hospitality, Inc., entered into a purchase agreement with CHSP Hotel Investors, LLC to purchase two hotels for $18.5 million.

The hotels are located in Southaven, Mississippi: a Courtyard by Marriott (85 rooms) and a Residence Inn by Marriott (78 rooms).

http://biz.yahoo.com/e/130517/sppr8-k.html

Short term not a winner but long term I think it is.