WILLIAMSBURG, Va., July 17 /PRNewswire-FirstCall/ -- MHI Hospitality Corporation announced that the company will report financial results for the second quarter 2007 prior to the market opening on Tuesday, August 7, 2007. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) the same day. Management will discuss the company's second quarter results and its business outlook for the remainder of 2007. The information to be discussed on the call will be contained in the company's earnings release, which will be available via MHI Hospitality Corporation's website at http://www.mhihospitality.com/ in the Investors section under Press Releases.
The conference call will be accessible by telephone and through the Internet. Interested individuals are invited to listen to the call by telephone at 877-407-0782. To participate on the webcast, log on to http://www.mhihospitality.com/ at least 15 minutes before the call to download the necessary software. For those unable to listen to the call live, a taped rebroadcast will be available beginning two hours after completion of the live call on August 7, 2007 through August 14, 2007. To access the rebroadcast, dial 877-660-6853, enter account number 286 and conference identification number 247474. A replay of the call will also be available on the Internet at http://www.mhihospitality.com/ for 30 days.
About MHI Hospitality Corporation
MHI Hospitality Corporation is a self-advised lodging REIT focused on the acquisition, redevelopment and management of mid-scale, upscale and upper upscale full service hotels in the Mid-Atlantic, Midwest and Southeastern United States. Currently, the company's portfolio consists of seven properties comprising 1,723 rooms, all of which operate under the Hilton, InterContinental Hotels Group and Starwood Hotels and Resorts brands. In addition, the company has a leasehold interest in the common area of Shell Island Resort, a resort condominium property. MHI Hospitality Corporation was organized in 2004 and is listed on the Russell Microcap(TM) Index. The company is headquartered in Williamsburg, Virginia. For more information please visit http://www.mhihospitality.com/.
Forward-Looking Statements
This presentation includes "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. Although the Company believes that the expectations and assumptions reflected in the forward-looking statements are reasonable, these statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict and many of which are beyond the Company's control. Therefore, actual outcomes and results may differ materially from what is expressed, forecasted or implied in such forward-looking statements. General economic conditions, including the timing and magnitude of the recovery in the hospitality industry, future acts of terrorism, risks associated with the hotel and hospitality business, the availability of capital, the ability of the company to acquire additional hotel properties, the timely completion of planned hotel renovations, and other factors, may affect the company's future results, performance and achievements. These risks and uncertainties are described in greater detail in the company's current and periodic filings with the Securities and Exchange Commission. The company undertakes no obligation and does not intend to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Although we believe our current expectations to be based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that actual results will not differ materially.
