Boykin Lodging Company Declares Regular Quarterly Cash Dividend

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 May 4, 2000, to shareholders of record at the close of business on March 31, 2000. The ex-dividend date is March 29, 2000.

“This is the fourteenth consecutive quarterly cash dividend paid since Boykin Lodging became public in November 1996,” said Robert W. Boykin, chairman, president, and chief executive officer.

Boykin Lodging Company is a real estate investment trust that focuses on the acquisition of full-service, upscale commercial and resort hotels. The company currently owns 32 full-service commercial and resort hotels containing a total of 9,110 rooms located in California, Colorado, Florida, Idaho, Illinois, Indiana, Maryland, Minnesota, Missouri, Nebraska, New York, New Jersey, North Carolina, Ohio, Oregon, Tennessee, and Washington.