Boykin Lodging Expands Credit Facility

Boykin Lodging Expands Credit Facility 


CLEVELAND, July 1  /PRNewswire-FirstCall/ -- Boykin Lodging Company (NYSE:BOY),
a hotel real estate investment trust, today announced that it has amended and
expanded its secured, revolving credit facility.  The principal amount of the
facility was increased to $100 million and four properties were added as
security for the credit facility.

The Company also stated that it repaid the entire outstanding balance of its
original $108 million term loan which was scheduled to mature in July 2005. 
Following repayment of the term loan, the Company had $40 million outstanding
on the credit facility.

Boykin Lodging Company is a real estate investment trust that focuses on the
ownership of full-service, upscale commercial and resort hotels.  The Company
currently owns interests in 21 hotels containing a total of 6,019 rooms located
in 13 states, and operating under such internationally known brands as
Doubletree, Marriott, Hilton, Radisson, Embassy Suites, and Courtyard by
Marriott among others.  For more information about Boykin Lodging Company,
visit the Company's website at http://www.boykinlodging.com/.

   Contact:  Tara Szerpicki
             Investor Relations
             Boykin Lodging Company
             [phone]
             

DATASOURCE: Boykin Lodging Company



CONTACT:  Tara Szerpicki, Investor Relations of Boykin Lodging Company,

[phone], or  



Web site:  http://www.boykinlodging.com/

Copyright