Holloway Lodging Real Estate Investment Trust to release third quarter results



    /NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE
    UNITED STATES

    HALIFAX, Oct. 14 /CNW/ - Holloway Lodging Real Estate Investment Trust
(TSX: HLR.UN) ("Holloway" or the "REIT") will release its third quarter
results on Thursday, November 13, 2008. An investor conference call will take
place on the following day, Friday, November 14, 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 1-416-849-7332. You will be required to identify yourself
and indicate if you represent an organization or if you are a private
investor. A recording of this call will be available from 12:00 p.m. EST on
Friday, November 14, 2008 through 11:59 p.m. EST on Friday, November 21, 2008.
To access the recording, please dial 1-866-501-5559 and enter the reservation
or playback code 21286220#.

    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




For further information:

For further information: 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

Organization Profile

Holloway Lodging Real Estate Investment Trust

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