WhereDaily News: Supertel Hospitality, Inc. Announces Sale of Four Hotels

NORFOLK, NE--(Marketwired - Jun 12, 2014) - Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), today announced that it has closed on the sale of four hotels with an aggregate of 314 rooms since the end of the first quarter March 31, 2014. Combined gross proceeds of $7.75 million from the sales were used to reduce debt and pay transaction costs.

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