Allied Hotel Properties Inc. reported un-audited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net loss and comprehensive loss of CAD 3,665,000 or CAD 0.03 per basic and diluted share on revenue of CAD 6,451,000 compared to net income and comprehensive income of CAD 442,000 on revenue of CAD 8,333,000 for the same period last year. Operating loss of CAD 671,000, loss before income taxes of CAD 1,114,000 and cash used in operations of CAD 5,649,000 compared to operating income of CAD 1,253,000, income before income taxes of CAD 638,000 and cash used in operations of CAD 3,546,000, respectively reported for the same period last year. For the six months, the company reported net loss and comprehensive loss of CAD 5,026,000 or CAD 0.05 per basic and diluted share on revenue of CAD 11,991,000 compared to net income and comprehensive income of CAD 69,000 on revenue of CAD 15,031,000 for the same period last year. Operating loss of CAD 1,566,000, loss before income taxes of CAD 2,475,000 and cash used in operations of CAD 11,218,000 compared to operating income of CAD 1,365,000, income before income taxes of CAD 69,000 and cash used in operations of CAD 4,358,000, respectively reported for the same period last year.

Allied Hotel Properties Inc. reported unaudited consolidated earnings results for the quarter ended March 31, 2009. For the period, the company reported net loss and comprehensive loss of CAD 1,361,000, operating loss of CAD 895,000 on revenue of CAD 5,540,000 against net loss and comprehensive loss of CAD 373,000, operating income of CAD 112,000 on revenue of CAD 6,698,000 reported a year ago. Loss before income taxes was CAD 1,361,000 against CAD 569,000 a year ago. Cash used in operations was CAD 902,000 against CAD 122,000 a year ago.

Allied Hotel Properties Inc., Annual General Meeting, Jun 16, 2009, at 10:00 Pacific Daylight. Location: Suite 300, 515 West Pender Street, Vancouver, British Columbia,Canada. Agenda: To receive annual financial statements for the year ended Dec. 31, 2008; to appoint auditors; to elect directors; to pass special resolution, the text of which is set out as Schedule 'A' to the accompanying management information circular, authorizing the continuance of Allied from Federal jurisdiction to B.C. jurisdiction as a Business Corporations Act (British Columbia) corporation; to pass a special resolution, the text of which is set out as Schedule 'B' to the Circular, amending the current authorized share structure of Allied by creating an unlimited number of preferred shares, and altering the notice of Articles and Articles of Allied accordingly; to pass a special resolution, the text of which is set out as Schedule 'C' to the Circular, approving the distribution of the remaining property and assets of Allied Hotel Development Inc., Allied's wholly-owned subsidiary, its assumption of all the remaining assets and liabilities of Subco and the winding-up and dissolution of Subco .