Daphne J. Dufresne Appointed Chair of the Board of Directors of Condor Hospitality Trust, Inc.

BETHESDA, Md.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24CDOR&src=ctag” target=”_blank”gt;$CDORlt;/agt; lt;a href=”https://twitter.com/hashtag/Hotel?src=hash” target=”_blank”gt;#Hotellt;/agt;–Condor Hospitality Trust, Inc. (NYSE American: CDOR). The Board of
Directors of Condor Hospitality Trust, Inc. is pleased to announce that
Daphne J. Dufresne has been appointed as Chair of the Condor Board. Ms.
Dufresne has served as a director of Condor and as a member of its
Investment Committee since June 2015.

Ms. Dufresne is a Managing Partner of GenNx360 Capital Partners, a
private equity firm focused on acquiring middle market industrial and
business services companies. Ms. Dufresne’s over 25 years of business
experience includes previous positions with RLJ Equity Partners, Parish
Capital Advisors, Weston Presidio Capital and Bank of Scotland’s
Structured Finance Group. Ms. Dufresne is also a director of United
Natural Foods, Inc. Ms. Dufresne received her B.S. from the University
of Pennsylvania and her M.B.A. from the Harvard Business School.

The Condor Board is pleased that Ms. Dufresne continues to provide the
benefit of her substantial experience and expertise to the Board.

About Condor Hospitality Trust, Inc.

Condor Hospitality Trust, Inc. (NYSE American: CDOR), is a
self-administered real estate investment trust incorporated in the state
of Maryland that specializes in the investment and ownership of upper
midscale and upscale, premium-branded select-service, extended stay and
limited-service hotels. The Company currently owns 15 hotels in 8
states. Condor’s hotels are franchised by a number of the industry’s
most well-regarded brand families including Hilton, Marriott, and
InterContinental Hotels Group. For more information or to make a hotel
reservation, visit www.condorhospitality.com.

Contacts

Arinn Cavey
Chief Financial Officer
acavey@trustcondor.com
(402)
316-1008

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