MHI Hospitality Corporation Appoints New CFO

WILLIAMSBURG, Va.— MHI Hospitality Corporation announced that William J. Zaiser, MHI’s executive vice president, chief financial officer and corporate secretary, retired from the company. He will continue to serve as a consultant for the lodging REIT.

Following Zaiser’s retirement, the Board of Directors appointed Mr. Anthony E. Domalski as chief financial officer. Mr. Domalski has been MHI’s vice president and chief accounting officer since May 2005.

Andrew M. Sims, chairman and chief executive officer of MHI, commented, “On behalf of the company and the Board of Directors, I want to thank Bill for his many years of service and leadership. Bill has played an integral role in the growth of the Company since joining MHI in 1986. We look forward to his continued contributions as a consultant to the Company.” Mr. Sims added, “We are pleased to promote Tony Domalski to chief financial officer. Tony brings invaluable expertise and experience that will ensure continuity of the reporting function.”

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