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Mar 15, 2005 12:00 PM

RANK	RANK in 2004	U.S. BRAND AND PARENT COMPANY	U.S. PROPERTIES		STATUS OF PROPERTIES				FOREIGN PROPERTIES
RANK	RANK in 2004	U.S. BRAND AND PARENT COMPANY	Rooms	Number of Properties	Company Owned	Franchised/Licensed	Management Contract	Other Properties	Rooms	Number of Properties
1	1	Holiday Inn Hotels & Resorts InterContinental Hotels Group	187,955*	962	6	906	50	0	96,942	550
2	2	Best Western Best Western International	186,491**	2,189	0	0	0	2,189	121,640	1,908
3	3	Days Inns Worldwide Cendant Hotel Group	142,116	1,731	0	1,731	0	0	11,585	141
4	4	Marriott Hotels & Resorts Marriott International	129,831	318	2	220	262	6	49,328	172
5	5	Hampton Inns/Inns & Suites Hilton Hotels Corp.	126,963	1,264	1	1,252	35	0	3,140	24
6	6	Super 8 Motels Cendant Hotel Group	119,689	1,974	0	1,974	0	0	6,155	102
7	7	Comfort Inn Choice Hotels International	112,275	1,431	0	1,431	0	0	37,913	583
8	8	Holiday Inn Express InterContinental Hotels Group	102,932*	1,295	0	1,293	2	0	21,644	205
9	11	Motel 6 Accor North America	87,300	850	679	170	1	0	870	9
10	9	Ramada Worldwide Cendant Hotel Group	85,467	741	0	741	0	0	34,524	264
11	10	Hilton Hilton Hotels Corp.	83,981	214	37	155	25	10	4,417	13
12	12	Courtyard Marriott International	83,285	595	1	357	278	20	10,718	61
13	13	Sheraton Hotels & Resorts Starwood Hotels & Resorts Worldwide	72,841	191	37	112	42	0	62,025	200
14	16	Quality Choice Hotels International	58,700	574	0	574	0	0	39,731	392
15	14	Hyatt Hotels & Resorts Hyatt Corp.	58,403	117	0	0	0	0	35,211	98
16	17	Residence Inn Marriott International	53,172	449	1	331	131	0	1,887	14
17	15	Radisson Hotels & Resorts Carlson Hotels Worldwide	52,304	216	6	210	12	0	48,429	218
18	19	Econo Lodge Choice Hotels International	48,301	781	0	781	0	0	2,178	42
19	18	Fairfield Inn by Marriott Marriott International	48,258	519	0	521	2	0	452	4
20	20	La Quinta Inns/Inns & Suites La Quinta Corp.	45,531*	383	274	109	0	0	50	1
21	25	Extended Stay America HVM LLC (LH estimates)	43,000	388	388	0	0	0	0	0
22	21	Embassy Suites Hotels Hilton Hotels Corp.	42,480	173	4	92	56	27	1,435	6
23	22	Doubletree Hilton Hotels Corp.	39,725	150	5	81	44	24	1,160	4
24	27	Westin Hotels & Resorts Starwood Hotels & Resorts	38,666	77	22	17	38	0	12,617	43
25	23	Red Roof Inn Accor North America	38,000	350	250	100	0	0	0	0
26	25	Howard Johnson International Cendant Corp.	35,886	376	0	376	0	0	6,922	69
27	24	Westin Hotels & Resorts Starwood Hotels & Resorts Worldwide	34,580	68	22	14	32	0	16,972	53
28	28	Travelodge Cendant Corp.	31,113	417	0	417	0	0	10,392	118
29	31	Comfort Suites Choice Hotels International	28,611	361	0	361	0	0	741	8
30	29	Mandalay Resorts Mandalay Resort Group	28,218	16	12	0	0	0	0	0
31	30	Crowne Plaza Hotels InterContinental Hotels Group	25,661	86	5	60	21	0	31,335	108
32	32	Renaissance Hotels, Resorts & Suites Marriott International	25,178	65	0	26	39	0	21,726	64
33	33	Sleep Inns Choice Hotels International	23,379	305	0	305	0	0	1,121	13
34	34	Country Inns & Suites by Carlson Carlson Hospitality Worldwide	23,027	296	4	292	4	0	2,431	28
35	38	Hilton Garden Inn Hilton Hotels Corp.	22,846	167	1	164	0	2	921	7
36	37	Clarion Hotels Choice Hotels International	21,552	139	0	139	0	0	6,971	49
37	36	Four Points Hotels Starwood Hotels & Resorts Worldwide	21,333	113	6	93	14	0	4,202	26
38	35	Walt Disney World Resorts Walt Disney Parks & Resorts	21,000	20	20	0	0	0	0	0
39	41	Microtel Inns & Suites U.S. Franchise Systems	18,562	258	0	258	0	0	419	7
40	39	AmeriSuites Prime Hospitality Corp.	18,511	148	61	33	29	25	0	0
41	42	Preferred Hotels & Resorts Worldwide Indecorp Corp.	18,081	81	0	0	81	0	6,384	40
42	40	Baymont Inns & Suites The Marcus Corp.	17,500	181	92	88	1	0	0	0
43	43	Oakwood Apartments Oakwood Worldwide	17,000	45	42	0	3	0	36	1
44	45	Homestead Studio Suites Hotels BRE/Homestead Village	16,848	132	132	0	132	0	0	0
45	50	Best Value Inn Best Value Inn Hotel Group	15,737	273	5	273	5	0	150	3
46	44	Knights Franchise Systems Cendant Corp.	15,271	192	0	192	0	0	465	9
47	0	Homewood Suites by Hilton Hilton Hotels Corp.	14,139	124	3	87	34	0	102	1
48	0	Drury Hotels Drury Inns	13,377	105	105	0	0	0	0	0
49	47	Omni Hotels Omni Hotels Management Corp.	12,900	40	33	7	0	0	700	3
50	46	Adam's Mark Hotels & Resorts HBE Corp.	12,570	22	22	0	0	0	0	0
50	50	Candlewood Suites Candlewood Hotel Company	12,444	108	12	31	8	57	0	0
50	1	Best Value Inn Best Value Inn Hotel Group	11,024	180	5	173	14	0	150	3
As of 12-31-04, except where noted as of 9-30-04 *as of 12-1-04

RANK	RANK in 2004	U.S. BRAND AND PARENT COMPANY	U.S. PROPERTIES		STATUS OF PROPERTIES				FOREIGN PROPERTIES
RANK	RANK in 2004	U.S. BRAND AND PARENT COMPANY	Rooms	Number of Properties	Company Owned	Franchised/Licensed	Management Contract	Other Properties	Rooms	Number of Properties
26	25	Howard Johnson International Cendant Hotel Group	35,345	371	0	371	0	0	9,578	95
27	29	Comfort Suites Choice Hotels International	30,248	386	0	386	0	0	1,597	15
28	28	Travelodge Hotels Cendant Hotel Group	29,919	405	0	405	0	0	10,557	122
29	24	Wyndham Hotels and Resorts Wyndham International	28,607	95	43	28	24	0	2,826	7
30	33	Hilton Garden Inn Hilton Hotels Corp.	28,005	206	1	209	6	1	1,518	11
31	40	Americas Best Value Inn Vantage Hospitality Group, Inc.	27,272	457	5	457	5	0	276	5
32	31	Crowne Plaza Hotels & Resorts InterContinental Hotels Group	26,423*	89	5	67	17	0	33,378	120
33	34	Renaissance Hotels & Resorts Marriott International	25,474	67	0	45	87	1	21,985	66
34	35	Country Inn & Suites By Carlson Carlson Hotels Worldwide	25,046	317	5	312	5	0	2,117	25
35	31	Walt Disney World Resorts Walt Disney Co.	25,000	22	22	0	0	0	0	0
36	36	Sleep Inn Choice Hotels International	23,766	311	0	311	0	0	1,249	14
37	37	Clarion Choice Hotels International	23,652	158	0	158	0	0	10,010	68
38	41	Four Points By Sheraton Starwood Hotels & Resorts Worldwide	19,374	104	6	88	10	0	4,804	31
39	42	Microtel Inns & Suites US Franchise Systems, Inc.	18,037	251	0	251	0	0	648	10
40	39	AmeriSuites Hyatt Corp.	17,867	143	105	35	8	0	0	0
41	45	Homestead Studio Suites Hotels HVM LLC (LH estimates)	17,000	132	132	0	0	0	0	0
42	43	Oakwood Worldwide Oakwood Worldwide (LH estimates)	17,000	35	35	0	0	0	3,000	15
43	44	Baymont Inns & Suites La Quinta Corp.	16,536*	176	89	87	0	0	0	0
44	47	Homewood Suites by Hilton Hilton Hotels Corp.	15,897	142	3	104	36	0	102	1
45	46	Knights Franchise Systems Cendant Hotel Group	15,101	196	0	196	0	0	439	9
46	—	SpringHill Suites by Marriott Marriott International	14,426	124	1	102	22	0	124	1
47	48	Drury Hotels Drury Inns, Inc.	14,021	110	110	0	0	0	0	0
48	50	Omni Hotels TRT Holdings	13,900	37	30	4	3	0	0	0
49	—	Candlewood Suites InterContinental Hotels Group	12,915*	113	0	37	76	0	0	0
50	—	Wingate Inns International Cendant Hotel Group	12,645	135	0	135	0	0	289	3

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IHG	La Quinta
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Vantage	Wyndham