Holloway Lodging Real Estate Investment Trust Announces Appointment of Michael Jackson as President and Chief Operating Officer



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

    HALIFAX, Aug. 8 /CNW/ - Holloway Lodging Real Estate Investment Trust
(TSX: HLR.UN) ("Holloway" or the "REIT") announced today Mr. Michael Jackson
has been appointed President and Chief Operating Officer of Holloway,
effective September 15, 2007.
    In addition to his responsibilities with Holloway, Mr. Jackson will also
assume the role of President, Pacrim Hospitality Services Inc. Pacrim
Hospitality Services Inc. manages 10 of the 20 properties owned by Holloway.
    Mr. Jackson has been in the hospitality industry for over 35 years and
has held a number of senior executive positions in the industry. He has served
as Chairman of the Hotel Association of Canada and is still a member of its
Board of Directors as well as participating on numerous other industry-related
boards.
    "We look forward to welcoming Michael to our organization and consider
his 30 plus years of national hotel experience to be a tremendous asset to
Holloway. This experience will enhance our operations and growing hotel
portfolio," said Glenn Squires, Chief Executive Officer.

    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 20 hotels with 2,230 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; Tracy Sherren, Chief Financial Officer of the REIT; (902) 457-1907

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Holloway Lodging Real Estate Investment Trust

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