Boykin Lodging Company (NYSE: BOY) has announced that the Board of Directors declared a quarterly cash dividend of $0.365 per common share payable on February 5, 2001, to shareholders of record at the close of business on December 31, 2000. The ex-dividend date is December 27, 2000.

“This is the seventeenth 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 ownership of full-service, upscale commercial and resort hotels. The company currently owns 33 hotels containing a total of 9,236 rooms located in nineteen states, and operating under such internationally known brands as Doubletree, Marriott, Hilton and Radisson, among others. For more information about Boykin Lodging Company, visit the company`s web site at www.boykinlodging.com.

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