Highlights for the second quarter and through today include:
-- Maintained year over year Adjusted EBITDA in a difficult economy; generated growth in Adjusted Net Income;
-- Extended senior secured credit facility to March 2012;
-- Added seven properties to third-party management portfolio, including three hotels from its signed management contract pipeline of properties under development or construction; -- Signed first management contract with the Duet Hotel Fund in India; the second contract for JHM Interstate Hotels India
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