Boykin Lodging Company (NYSE: BOY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.47 per common share payable on August 5, 1998, to shareholders of record at the close of business on June 30, 1998.

Boykin Lodging Company is a multitenant real estate investment trust which focuses on the acquisition of full-service, upscale commercial and resort hotels. The company currently owns 30 full-service commercial and resort hotels containing a total of 8,406 rooms located in California, Colorado, Florida, Idaho, Indiana, Maryland, Minnesota, Missouri, Nebraska, New York, North Carolina, Tennessee, Ohio, Oregon, and Washington.

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