Global Performance (Data in Euros)

Global Performance (Data in Euros) September 2009 vs September Year to Date - September 2009 vs September September YTD 2009 2009 2009 Occ. ADR RevPAR 2009 2009 2009 Occ. ADR RevPAR Asia Pacific 62.3 61.4 84.80 92.75 52.86 56.99 1.4-8.6-7.3 58.9 65.8 85.57 92.92 50.42 61.14-10.5-7.9-17.5 Central & South Asia 56.6 59.4 91.59 128.11 51.87 76.14-4.7-28.5-31.9 55.1 64.3 112.79 144.44 62.19 92.85-14.2-21.9-33.0 Northeastern Asia 60.9 60.3 81.80 87.93 49.83 52.98 1.1-7.0-5.9 55.8 62.4 83.08 88.00 46.33 54.88-10.6-5.6-15.6 Southeastern Asia 57.7 56.7 78.11 89.01 45.08 50.47 1.8-12.2-10.7 59.0 68.5 79.11 81.83 46.71 56.06-13.8-3.3-16.7 Australia & Oceania 73.3 71.4 95.34 96.58 69.92 69.00 2.6-1.3 1.3 69.2 72.1 89.31 100.03 61.80 72.16-4.1-10.7-14.4 Americas 57.0 60.8 67.25 75.54 38.33 45.94-6.3-11.0-16.6 56.9 63.1 72.65 72.11 41.31 45.48-9.8 0.7-9.2 North America 57.0 60.9 66.98 75.41 38.21 45.92-6.3-11.2-16.8 56.8 63.0 72.00 71.42 40.87 44.97-9.9 0.8-9.1 Caribbean 45.8 43.2 78.75 84.24 36.05 36.35 6.1-6.5-0.8 63.6 66.9 114.87 120.39 73.07 80.51-4.9-4.6-9.2 Central America 54.7 61.7 70.96 77.58 38.83 47.84-11.3-8.5-18.8 57.5 70.4 88.10 81.76 50.66 57.54-18.3 7.8-11.9 South America 63.1 68.7 78.76 78.80 49.68 54.15-8.2-0.1-8.3 58.8 65.7 78.81 78.61 46.36 51.67-10.5 0.3-10.3 Europe 70.5 74.1 97.44 112.34 68.66 83.26-4.9-13.3-17.5 61.6 66.8 94.43 107.67 58.13 71.90-7.8-12.3-19.2 Eastern Europe 63.6 71.0 82.46 115.32 52.40 81.87-10.5-28.5-36.0 52.4 61.6 81.25 108.05 42.60 66.50-14.8-24.8-35.9 Northern Europe 72.8 75.1 90.88 108.30 66.20 81.35-3.0-16.1-18.6 66.1 69.6 88.43 104.89 58.42 73.03-5.1-15.7-20.0 Southern Europe 66.6 71.1 98.80 111.37 65.76 79.20-6.4-11.3-17.0 57.4 64.5 98.64 107.65 56.63 69.45-11.0-8.4-18.5 Western Europe 72.8 76.3 108.69 117.44 79.08 89.64-4.7-7.5-11.8 61.7 66.4 102.47 111.26 63.23 73.91-7.1-7.9-14.4 Middle East/Africa 56.9 62.0 96.41 95.96 54.83 59.48-8.2 0.5-7.8 61.3 69.9 109.06 100.26 66.84 70.13-12.4 8.8-4.7 Middle East 52.8 57.5 128.31 138.43 67.73 79.60-8.2-7.3-14.9 60.9 68.6 144.39 139.54 87.98 95.66-11.1 3.5-8.0 Northern Africa 64.2 65.4 52.92 47.57 33.96 31.10-1.8 11.2 9.2 64.6 74.4 62.08 56.18 40.12 41.82-13.2 10.5-4.1 Southern Africa 58.3 66.4 82.98 80.27 48.39 53.30-12.2 3.4-9.2 58.9 67.5 87.33 81.66 51.41 55.13-12.8 6.9-6.8 Beijing 57.1 48.1 66.79 88.29 38.15 42.44 18.8-24.4-10.1 49.1 57.7 67.56 108.71 33.18 62.70-14.8-37.9-47.1 Berlin 79.9 83.1 97.81 102.47 78.14 85.17-3.9-4.5-8.3 67.6 69.3 79.98 86.27 54.05 59.77-2.4-7.3-9.6 Buenos Aires 55.8 67.2 89.19 106.11 49.73 71.29-17.0-15.9-30.2 51.0 68.1 101.89 102.88 51.95 70.08-25.1-1.0-25.9 Cairo 54.1 52.7 81.35 71.47 44.03 37.69 2.6 13.8 16.8 63.1 73.8 94.91 85.13 59.93 62.79-14.4 11.5-4.5 Dubai 57.3 59.5 120.37 132.63 68.99 78.96-3.7-9.2-12.6 67.1 77.7 166.46 190.08 111.70 147.70-13.6-12.4-24.4 Hong Kong 75.1 77.1 122.65 135.55 92.07 104.55-2.7-9.5-11.9 70.6 80.5 116.65 122.56 82.35 98.63-12.3-4.8-16.5 London 84.4 81.3 130.67 156.79 110.28 127.49 3.8-16.7-13.5 79.8 80.2 127.75 155.11 101.93 124.44-0.6-17.6-18.1 Los Angeles 65.6 69.8 74.90 88.62 49.13 61.87-6.0-15.5-20.6 65.3 74.1 84.09 85.19 54.89 63.13-11.9-1.3-13.1 Madrid 65.1 66.2 91.47 113.64 59.51 75.18-1.7-19.5-20.8 55.6 64.8 91.21 112.55 50.74 72.98-14.2-19.0-30.5 New York 85.0 84.1 170.83 224.78 145.18 189.10 1.0-24.0-23.2 76.1 83.1 146.19 174.97 111.31 145.48-8.4-16.5-23.5 Paris 80.6 81.5 166.19 184.20 133.97 150.09-1.1-9.8-10.7 74.0 78.5 167.10 182.85 123.61 143.55-5.8-8.6-13.9 Rome 76.2 77.0 141.50 177.10 107.82 136.42-1.1-20.1-21.0 62.9 66.3 138.43 154.57 87.09 102.53-5.2-10.4-15.1 Sydney 79.0 71.4 96.93 100.68 76.53 71.93 10.5-3.7 6.4 76.2 78.8 92.67 110.87 70.60 87.38-3.3-16.4-19.2 Tokyo 71.8 74.8 156.40 138.44 112.27 103.57-4.0 13.0 8.4 68.7 75.2 160.52 129.20 110.27 97.20-8.7 24.2 13.4 Toronto 74.0 76.7 88.55 108.23 65.56 83.06-3.5-18.2-21.1 63.3 69.3 82.07 93.52 51.94 64.83-8.7-12.2-19.9 1

Global Performance (Data in British Pounds) September 2009 vs September Year to Date - September 2009 vs September September YTD 2009 2009 2009 Occ. ADR RevPAR 2009 2009 2009 Occ. ADR RevPAR Asia Pacific 62.3 61.4 77.72 73.74 48.44 45.31 1.4 5.4 6.9 58.9 65.8 76.09 72.90 44.83 47.97-10.5 4.4-6.5 Central & South Asia 56.6 59.4 83.95 101.85 47.54 60.54-4.7-17.6-21.5 55.1 64.3 100.51 112.87 55.42 72.56-14.2-11.0-23.6 Northeastern Asia 60.9 60.3 74.97 69.91 45.67 42.12 1.1 7.2 8.4 55.8 62.4 73.87 69.16 41.20 43.14-10.6 6.8-4.5 Southeastern Asia 57.7 56.7 71.59 70.77 41.32 40.12 1.8 1.2 3.0 59.0 68.5 70.34 64.12 41.53 43.93-13.8 9.7-5.5 Australia & Oceania 73.3 71.4 87.39 76.79 64.08 54.86 2.6 13.8 16.8 69.2 72.1 79.37 78.43 54.92 56.58-4.1 1.2-2.9 Americas 57.0 60.8 61.63 60.06 35.13 36.53-6.3 2.6-3.8 56.9 63.1 64.46 56.66 36.65 35.73-9.8 13.8 2.6 North America 57.0 60.9 61.39 59.96 35.02 36.51-6.3 2.4-4.1 56.8 63.0 63.88 56.12 36.26 35.34-9.9 13.8 2.6 Caribbean 45.8 43.2 72.18 66.97 33.04 28.90 6.1 7.8 14.3 63.6 66.9 102.32 94.18 65.09 62.98-4.9 8.6 3.3 Central America 54.7 61.7 65.04 61.68 35.59 38.03-11.3 5.4-6.4 57.5 70.4 78.43 64.08 45.10 45.09-18.3 22.4 0.0 South America 63.1 68.7 72.19 62.65 45.53 43.05-8.2 15.2 5.8 58.8 65.7 70.06 61.72 41.21 40.57-10.5 13.5 1.6 Europe 70.5 74.1 89.31 89.31 62.93 66.19-4.9 0.0-4.9 61.6 66.8 83.72 84.63 51.54 56.52-7.8-1.1-8.8 Eastern Europe 63.6 71.0 75.58 91.68 48.03 65.09-10.5-17.6-26.2 52.4 61.6 72.03 84.98 37.77 52.31-14.8-15.2-27.8 Northern Europe 72.8 75.1 83.30 86.11 60.68 64.67-3.0-3.3-6.2 66.1 69.6 78.38 82.39 51.78 57.36-5.1-4.9-9.7 Southern Europe 66.6 71.1 90.56 88.54 60.27 62.97-6.4 2.3-4.3 57.4 64.5 87.37 84.73 50.15 54.66-11.0 3.1-8.2 Western Europe 72.8 76.3 99.62 93.37 72.48 71.27-4.7 6.7 1.7 61.7 66.4 90.97 87.43 56.14 58.08-7.1 4.0-3.3 Middle East/Africa 56.9 62.0 88.37 76.29 50.26 47.29-8.2 15.8 6.3 61.3 69.9 97.03 78.61 59.47 54.99-12.4 23.4 8.2 Middle East 52.8 57.5 117.60 110.06 62.07 63.29-8.2 6.9-1.9 60.9 68.6 128.56 109.38 78.33 74.99-11.1 17.5 4.4 Northern Africa 64.2 65.4 48.51 37.82 31.13 24.73-1.8 28.2 25.9 64.6 74.4 55.19 44.11 35.67 32.84-13.2 25.1 8.6 Southern Africa 58.3 66.4 76.06 63.82 44.35 42.37-12.2 19.2 4.7 58.9 67.5 77.56 64.01 45.66 43.21-12.8 21.2 5.7 Beijing 57.1 48.1 61.21 70.19 34.97 33.74 18.8-12.8 3.6 49.1 57.7 60.01 86.05 29.47 49.63-14.8-30.3-40.6 Berlin 79.9 83.1 89.65 81.47 71.62 67.72-3.9 10.0 5.8 67.6 69.3 71.08 67.84 48.03 47.00-2.4 4.8 2.2 Buenos Aires 55.8 67.2 81.74 84.36 45.58 56.68-17.0-3.1-19.6 51.0 68.1 90.98 80.69 46.38 54.96-25.1 12.8-15.6 Cairo 54.1 52.7 74.56 56.82 40.35 29.97 2.6 31.2 34.7 63.1 73.8 84.43 66.78 53.31 49.26-14.4 26.4 8.2 Dubai 57.3 59.5 110.33 105.45 63.23 62.78-3.7 4.6 0.7 67.1 77.7 148.56 148.54 99.69 115.42-13.6 0.0-13.6 Hong Kong 75.1 77.1 112.42 107.77 84.39 83.12-2.7 4.3 1.5 70.6 80.5 104.03 96.11 73.44 77.35-12.3 8.2-5.1 London 84.4 81.3 119.77 124.65 101.08 101.36 3.8-3.9-0.3 79.8 80.2 113.15 121.78 90.27 97.70-0.6-7.1-7.6 Los Angeles 65.7 69.9 68.67 70.50 45.10 49.26-6.0-2.6-8.5 65.3 74.1 74.66 66.92 48.75 49.61-11.9 11.6-1.7 Madrid 65.1 66.2 83.84 90.35 54.54 59.77-1.7-7.2-8.7 55.6 64.8 81.12 88.21 45.12 57.19-14.2-8.0-21.1 New York 85.2 84.3 156.53 178.79 133.33 150.74 1.0-12.5-11.6 76.2 83.2 129.93 137.69 99.01 114.56-8.4-5.6-13.6 Paris 80.6 81.5 152.32 146.44 122.79 119.33-1.1 4.0 2.9 74.0 78.5 148.00 143.66 109.49 112.78-5.8 3.0-2.9 Rome 76.2 77.0 129.69 140.80 98.82 108.45-1.1-7.9-8.9 62.9 66.3 122.68 121.56 77.18 80.63-5.2 0.9-4.3 Sydney 79.0 71.4 88.84 80.04 70.14 57.18 10.5 11.0 22.7 76.2 78.8 82.37 86.90 62.76 68.49-3.3-5.2-8.4 Tokyo 71.8 74.8 143.35 110.06 102.90 82.34-4.0 30.2 25.0 68.7 75.2 142.76 101.32 98.07 76.22-8.7 40.9 28.7 Toronto 74.0 76.7 81.16 86.05 60.08 66.04-3.5-5.7-9.0 63.3 69.3 72.86 73.48 46.11 50.94-8.7-0.8-9.5 2

Global Performance (Data in US Dollars) September 2009 vs September Year to Date - September 2009 vs September September YTD 2009 2009 2009 Occ. ADR RevPAR 2009 2009 2009 Occ. ADR RevPAR Asia Pacific 62.3 61.4 123.72 133.98 77.12 82.32 1.4-7.7-6.3 58.9 65.8 116.92 141.77 68.89 93.28-10.5-17.5-26.2 Central & South Asia 56.6 59.4 133.63 185.05 75.67 109.99-4.7-27.8-31.2 55.1 64.3 152.66 220.46 84.18 141.71-14.2-30.8-40.6 Northeastern Asia 60.9 60.3 119.34 127.01 72.71 76.53 1.1-6.0-5.0 55.8 62.4 113.67 134.15 63.40 83.67-10.6-15.3-24.2 Southeastern Asia 57.7 56.7 113.96 128.58 65.78 72.90 1.8-11.4-9.8 59.0 68.5 107.83 124.91 63.67 85.57-13.8-13.7-25.6 Australia & Oceania 73.3 71.4 139.10 139.51 102.01 99.67 2.6-0.3 2.3 69.2 72.1 122.35 152.78 84.66 110.21-4.1-19.9-23.2 Americas 57.0 60.8 98.11 109.12 55.93 66.36-6.3-10.1-15.7 56.9 63.1 99.47 110.13 56.56 69.46-9.8-9.7-18.6 North America 57.0 60.9 97.72 108.93 55.74 66.34-6.3-10.3-16.0 56.8 63.0 98.62 109.07 55.98 68.68-9.9-9.6-18.5 Caribbean 45.8 43.2 114.90 121.68 52.60 52.51 6.1-5.6 0.2 63.6 66.9 154.89 184.49 98.52 123.38-4.9-16.0-20.1 Central America 54.7 61.7 103.53 112.06 56.65 69.10-11.3-7.6-18.0 57.5 70.4 119.40 124.95 68.66 87.92-18.3-4.4-21.9 South America 63.1 68.7 114.91 113.82 72.48 78.21-8.2 1.0-7.3 58.8 65.7 107.86 119.97 63.45 78.85-10.5-10.1-19.5 Europe 70.5 74.1 142.17 162.27 100.17 120.27-4.9-12.4-16.7 61.6 66.8 130.03 164.46 80.05 109.83-7.8-20.9-27.1 Eastern Europe 63.6 71.0 120.31 166.57 76.46 118.25-10.5-27.8-35.3 52.4 61.6 112.03 165.17 58.74 101.66-14.8-32.2-42.2 Northern Europe 72.8 75.1 132.59 156.44 96.59 117.50-3.0-15.2-17.8 66.1 69.6 121.67 160.21 80.38 111.54-5.1-24.1-27.9 Southern Europe 66.6 71.1 144.16 160.87 95.94 114.41-6.4-10.4-16.1 57.4 64.5 136.23 164.40 78.20 106.06-11.0-17.1-26.3 Western Europe 72.8 76.3 158.58 169.64 115.37 129.48-4.7-6.5-10.9 61.7 66.4 140.90 169.96 86.95 112.90-7.1-17.1-23.0 Middle East/Africa 56.9 62.0 140.66 138.61 80.00 85.91-8.2 1.5-6.9 61.3 69.9 148.30 153.26 90.90 107.20-12.4-3.2-15.2 Middle East 52.8 57.5 187.21 199.96 98.81 114.98-8.2-6.4-14.1 60.9 68.6 196.02 213.42 119.43 146.31-11.1-8.2-18.4 Northern Africa 64.2 65.4 77.21 68.72 49.55 44.93-1.8 12.4 10.3 64.6 74.4 84.59 85.89 54.67 63.94-13.2-1.5-14.5 Southern Africa 58.3 66.4 121.07 115.95 70.60 76.98-12.2 4.4-8.3 58.9 67.5 119.26 124.57 70.20 84.10-12.8-4.3-16.5 Beijing 57.1 48.1 97.44 127.53 55.66 61.31 18.8-23.6-9.2 49.1 57.7 92.67 164.28 45.51 94.75-14.8-43.6-52.0 Berlin 79.9 83.1 142.70 148.01 114.01 123.03-3.9-3.6-7.3 67.6 69.3 110.22 131.67 74.49 91.22-2.4-16.3-18.3 Buenos Aires 55.8 67.2 130.12 153.27 72.55 102.97-17.0-15.1-29.5 51.0 68.1 138.06 157.17 70.39 107.05-25.1-12.2-34.2 Cairo 54.1 52.7 118.68 103.23 64.24 54.44 2.6 15.0 18.0 63.1 73.8 128.78 130.18 81.32 96.02-14.4-1.1-15.3 Dubai 57.3 59.5 175.62 191.58 100.65 114.06-3.7-8.3-11.8 67.1 77.7 224.30 291.18 150.51 226.26-13.6-23.0-33.5 Hong Kong 75.1 77.1 178.95 195.80 134.33 151.02-2.7-8.6-11.0 70.6 80.5 158.79 187.15 112.10 150.62-12.3-15.2-25.6 London 84.4 81.3 190.65 226.48 160.90 184.15 3.8-15.8-12.6 79.8 80.2 175.69 237.18 140.18 190.28-0.6-25.9-26.3 Los Angeles 65.6 69.8 109.28 128.01 71.68 89.37-6.0-14.6-19.8 65.3 74.1 114.96 130.03 75.03 96.37-11.9-11.6-22.1 Madrid 65.1 66.2 133.46 164.15 86.82 108.60-1.7-18.7-20.0 55.6 64.8 124.65 172.43 69.34 111.81-14.2-27.7-38.0 New York 85.0 84.1 249.24 324.68 211.82 273.15 1.0-23.2-22.5 76.1 83.1 201.03 266.88 153.07 221.90-8.4-24.7-31.0 Paris 80.6 81.5 242.48 266.07 195.46 216.80-1.1-8.9-9.8 74.0 78.5 229.83 279.57 170.03 219.48-5.8-17.8-22.5 Rome 76.2 77.0 206.45 255.82 157.31 197.05-1.1-19.3-20.2 62.9 66.3 191.07 236.58 120.21 156.93-5.2-19.2-23.4 Sydney 79.0 71.4 141.42 145.43 111.66 103.90 10.5-2.8 7.5 76.2 78.8 126.80 169.51 96.61 133.60-3.3-25.2-27.7 Tokyo 71.8 74.8 228.19 199.97 163.81 149.60-4.0 14.1 9.5 68.7 75.2 219.15 197.52 150.55 148.59-8.7 11.0 1.3 Toronto 74.0 76.7 129.19 156.34 95.65 119.98-3.5-17.4-20.3 63.3 69.3 112.94 142.65 71.47 98.89-8.7-20.8-27.7 3

World Regions Americas Asia Pacific Europe Middle East / Africa Caribbean Central America Central & South Asia Australia & Oceania Eastern Europe Southern Europe Middle East Southern Africa Anguilla Belize Afghanistan American Samoa Belarus Albania Armenia Angola Antigua & Barbuda Costa Rica Bangladesh Australia Bulgaria Andorra Azerbaijan Benin Aruba El Salvador Bhutan Cook Islands Czech Republic Bosnia and Herzegovina Bahrain Botswana Bahamas Guatemala India Fiji Hungary Croatia Georgia Burundi Barbados Honduras Kazakhstan French Polynesia Poland Cyprus Iran Cameroon Bermuda Nicaragua Kyrgyzstan Guam Moldova Gibraltar Iraq Cape Verde British Virgin Islands Panama Maldives Kiribati Romania Greece Jordan Central African Republic Cayman Islands Nepal Marshall Islands Russia Italy Kuwait Comoros Cuba North America Pakistan Micronesia Slovakia Israel Lebanon Congo Dominica Canada Sri Lanka Nauru Ukraine Macedonia Oman Cote d'ivoire Dominican Republic Mexico Tajikistan New Caledonia Malta Qatar Democratic Rep. of Congo Grenada United States Turkmenistan New Zealand Northern Europe Montenegro Saudi Arabia Equatorial Guinea Guadeloupe Uzbekistan Niue Denmark Portugal Syria Ethiopia Haiti South America Northern Mariana Islands Estonia San Marino Turkey Gabon Jamaica Argentina Northeastern Asia Palau Finland Serbia UAE Gambia Martinique Bolivia China Papua New Guinea Iceland Slovenia Yemen Ghana Montserrat Brazil Japan Samoa Ireland Spain Guinea Netherlands Antilles Chile North Korea Solomon Islands Latvia Northern Africa Guinea-Bissau Puerto Rico Colombia South Korea Tonga Lithuania Western Europe Algeria Kenya St. Kitts & Nevis Ecuador Mongolia Tuvalu Norway Austria Burkina Faso Lesotho St. Lucia Falkland Islands Taiwan Vanuatu Sweden Belgium Chad Liberia St. Vincent French Guiana United Kingdom France Djibouti Madagascar Trinidad & Tobago Guyana Southeastern Asia Germany Egypt Malawi Turks & Caicos Paraguay Brunei Liechtenstein Eritrea Mauritius US Virgin Islands Peru Cambodia Luxembourg Libya Mozambique Suriname East Timor Monaco Mali Namibia Uruguay Indonesia Netherlands Morocco Nigeria Venezuela Laos Switzerland Mauritania Reunion Malaysia Niger Rwanda Myanmar Sudan Sao Tome and Principe Philippines Tunisia Senegal Singapore Seychelles Thailand Sierra Leone Vietnam Somalia South Africa Swaziland Tanzania Togo Uganda Zambia Zimbabwe 4

Definitions Performance data included for non-north American locations may be different than that released by STR Global Limited. All data is processed by Smith Travel Research using both the current and historical sampling of hotels. For further questions about the methodology used to produce the Hotel Review, please email info@smithtravelresearch.com. Average Daily Rate (ADR) Room revenue divided by rooms sold. Country A geographic area that has internationally recognized boundaries, an organized economy, and a sovereign government with external recognition. It is typically recognized by the International Organization for Standardization (ISO). Exchange Rate The factor used to convert revenue from U.S. Dollars to the local currency. The exchange rate data is obtained from Oanda.com. Any aggregated number in the report (YTD, Running 3 month, Running 12 month) uses the exchange rate of each relative month when calculating the data. Market A geographic area within a country. are defined by STR and STR Global Limited. Occupancy (Occ) Rooms sold divided by rooms available multiplied by 100. Percent Change Amount of growth - up, flat, or down - this period versus same period last year (month or year-to-date). Calculated as ((TY - LY) / LY) * 100. Revenue Per Available Room (RevPAR) Room revenue divided by rooms available. Rooms Available The number of rooms times the number of days in the period. Room Revenue Total room revenue generated from the sale or rental of rooms. Rooms Sold The number of rooms sold (excludes complimentary rooms). Year-to-date Measures (Occ, ADR, RevPAR) are calculated using the sum of the values from January 1 of the given year. 5