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July 17, 2008 Holloway Lodging Real Estate Investment Trust to release second quarter results

HALIFAX, Jul 17, 2008 (Canada NewsWire via COMTEX News Network) -- /NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

Holloway Lodging Real Estate Investment Trust (TSX: HLR.UN) ("Holloway" or the "REIT") will release its second quarter results on Monday, August 11, 2008. An investor conference call will take place on the following day, Tuesday, August 12, 2008 at 10:00 a.m. EST, with Holloway's senior management.

Investors and analysts are invited to access the call by dialling 1-866-365-1119 or 1-416-849-7329. You will be required to identify yourself and indicate if you represent an organization or if you are private investor. A recording of this call will be available from 12:00 p.m. EST on Tuesday, August 12, 2008 through 11:59 p.m. EST on Tuesday, August 19, 2008. To access the recording, please dial 1-866-501-5559 and enter the reservation or playback code 21278554#.

ABOUT HOLLOWAY LODGING REAL ESTATE INVESTMENT TRUST

Holloway is a real estate investment trust focused on acquiring, owning and operating select and limited service lodging properties and a small complement of full service hotels primarily in secondary, tertiary and suburban markets and providing investors with stable distributions. Holloway currently owns 22 hotels with 2,423 rooms. Holloway's units and convertible debentures trade on the Toronto Stock Exchange under the symbols HLR.UN, HLR.DB and HLR.DB.A, respectively.

%SEDAR: 00023845E

SOURCE: Holloway Lodging Real Estate Investment Trust

Mr. Glenn Squires, Chief Executive Officer of the REIT; Mr. Michael Jackson,
President and Chief Operating Officer of the REIT; Tracy Sherren,
Chief Financial Officer of the REIT, (902) 404-3499

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