Exhibit 10.3


 


EXECUTION VERSION






 


AMENDMENT NO. 1 TO THE

AMENDED AND RESTATED TERM LOAN AGREEMENT


 


Dated as of February 11, 2016


 


 


AMENDMENT NO. 1 TO THE AMENDED AND RESTATED
TERM LOAN AGREEMENT (this “Amendment”) among AMERICAN REALTY CAPITAL HOSPITALITY PORTFOLIO SMT, LLC,
a Delaware limited liability company, AMERICAN REALTY CAPITAL HOSPITALITY PORTFOLIO WSC, LLC, a Delaware limited liability company,
AMERICAN REALTY CAPITAL HOSPITALITY PORTFOLIO NBL, LLC, a Delaware limited liability company, ARC HOSPITALITY SMT CY FLGAZ OWNER,
LLC, a Delaware limited liability company, ARC HOSPITALITY SMT SHS FLGAZ OWNER, LLC, a Delaware limited liability company, ARC
HOSPITALITY SMT FTWIN001 OWNER, LLC, a Delaware limited liability company, ARC HOSPITALITY SMT RI FTWIN OWNER, LLC, a Delaware
limited liability company, ARC HOSPITALITY SMT BTRLA001 OWNER, LLC, a Delaware limited liability company, ARC HOSPITALITY SMT FIS
BTRLA OWNER, LLC, a Delaware limited liability company, ARC HOSPITALITY SMT SHS BTRLA OWNER, LLC, a Delaware limited liability
company, ARC HOSPITALITY SMT TPS BTRLA OWNER, LLC, a Delaware limited liability company, ARC HOSPITALITY SMT MDFOR001 OWNER, LLC,
a Delaware limited liability company, ARC HOSPITALITY SMT ELPTX001 OWNER, LP, a Delaware limited partnership, ARC HOSPITALITY NBL
MNTCA001 OWNER, LP, a Delaware limited partnership, ARC HOSPITALITY NBL HYP SCHIL OWNER, LLC, a Delaware limited liability company,
ARC HOSPITALITY NBL HH ATLGA OWNER, LLC, a Delaware limited liability company, and ARC HOSPITALITY NBL CY CBSOH OWNER, LLC, a Delaware
limited liability company (collectively, the “Borrowers”), AMERICAN REALTY CAPITAL HOSPITALITY TRUST,
INC., a Maryland corporation (the “Parent Guarantor”), AMERICAN REALTY CAPITAL HOSPITALITY OPERATING
PARTNERSHIP, L.P., a Delaware limited partnership (the “Operating Partnership”, and, together with the
Parent Guarantor, the “Guarantors”), and DEUTSCHE BANK AG NEW YORK BRANCH (“DBNY”),
as administrative agent (in such capacity, the “Administrative Agent”) for one or more lenders (collectively,
the “Lenders”).


 


PRELIMINARY STATEMENTS:


 


(1)               
The Borrower, the Guarantors, the Administrative Agent, and the Lenders, have entered into an Amended and Restated Term
Loan Agreement dated as of October 15, 2015 (the “Loan Agreement”). Capitalized terms not otherwise defined
in this Amendment have the same meanings as specified in the Loan Agreement.


 


(2)               
The parties to the Loan Agreement have agreed to amend the Loan Agreement on the terms and subject to the conditions hereinafter
set forth.


 


SECTION 1.          
Amendments to Loan Agreement. Upon the occurrence of the Amendment Effective Date (as defined in Section 4 below),
the Loan Agreement will be deemed amended as follows:


 


(a)               
The references to “$450,000,000” in (i) the definition of Loan in Section 1.01 of the Loan Agreement and (ii)
Schedule I to the Loan Agreement, are hereby deleted and replaced with references to “$293,400,000”.


 


(b)               
The Loan Agreement is hereby amended by deleting Schedule II (Assets) in its entirety and replacing it with a new Schedule
II (Assets) in the form of Annex A hereto.


 






     


     

    

 


SECTION 2.          
Other Amendments; Purchase Agreements/Seller Financing Documents. (a) The parties hereto further agree that each
of American Realty Capital Hospitality Portfolio SMT, LLC, American Realty Capital Hospitality Portfolio WSC, LLC, and American
Realty Capital Hospitality Portfolio NBL, LLC, each a Delaware limited liability company and currently a Borrower under the Loan
Agreement, is effective as of the Amendment Effective Date deemed removed as a Borrower under the Loan Agreement and the other
Loan Documents, and shall have no further right to borrow, or any liability or obligation to perform any of the Obligations, under
the Loan Agreement or the other Loan Documents.


 


(b) From and after the Amendment Effective
Date, the Loan Parties shall provide to the Administrative Agent, upon reasonable request, any additional documents, supplements,
modifications or assignments executed by any Loan Party in respect of the purchase agreements or seller financing documents related
to the acquisition and financing (or proposed acquisition and financing) by the applicable Loan Parties of the properties listed
on Annex B hereto.


 


SECTION 3.          
Representations and Warranties. Each Loan Party hereby represents and warrants as follows:


 


(a)               
The representations and warranties contained in each of the Loan Documents (as amended or supplemented to date, including
pursuant to this Amendment) to which it is a party are true and correct in all material respects on and as of the Amendment Effective
Date (defined below), before and after giving effect to this Amendment, as though made on and as of such date (except for any such
representation and warranty that, by its terms, refers to an earlier date, in which case as of such earlier date).


 


(b)               
Such Loan Party has taken all necessary corporate and other organizational action to authorize the execution, delivery and
performance of this Amendment.


 


(c)               
This Amendment has been duly executed and delivered by such Loan Party and constitutes such Loan Party’s legal, valid
and binding obligation, enforceable in accordance with its terms, except as such enforceability may be subject to (i) bankruptcy,
insolvency, reorganization, fraudulent conveyance or transfer, moratorium or similar laws affecting creditors’ rights generally
and (ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity).


 


(d)               
The execution and delivery of this Amendment does not (i) contravene any provision of the organizational documents of such
Loan Party or its general partner or managing member or (ii) violate any law, rule, regulation, order, writ, judgment, injunction,
decree, determination or award applicable to such Loan Party.


 


(e)               
The Loan Parties are in compliance with the covenants contained in Section 5.04(b) and (c) of the Loan Agreement.


 


(f)                
The Loan Parties have provided to the Administrative Agent copies, certified by the applicable Loan Parties as correct and
complete, of all purchase and sale agreements and seller financing documents (including all modifications and assignments in respect
of any of the same) related to the acquisition and financing (or proposed acquisition and financing) by the applicable Loan Parties
of the properties listed on Annex B hereto.


 


(g)               
The Loan Parties are not aware of any matter that is reasonably expected to occur within the next ninety (90) days that
would reasonably be expected to be a Material Adverse Change.


 


(h)               
No Default or Event of Default has occurred and is continuing, or would result from the entering into of this Amendment
by any Loan Party.


 






    2


     

    

 


SECTION 4.          
Conditions of Effectiveness. This Amendment shall become effective as of the first date (the “Amendment
Effective Date”) on which, and only if, each of the following conditions precedent shall have been satisfied:


 


(a)               
The Administrative Agent shall have received on or before the Amendment Effective Date the following, each dated such day
(unless otherwise specified), in form and substance satisfactory to the Administrative Agent (unless otherwise specified) and in
sufficient copies for each Lender:


 


(i)                
This Amendment duly executed by the Loan Parties and the other parties hereto.


 


(ii)              
Certified copies of the resolutions of the Board of Directors of the Parent Guarantor on its behalf and on behalf of each
Loan Party for which it is the ultimate signatory approving the transactions contemplated by this Amendment and each Loan Document
to which it or such Loan Party is or is to be a party, and of all documents evidencing other necessary corporate action and governmental
and other third party approvals and consents, if any, with respect to the transactions under this Amendment and each Loan Document
to which it or such Loan Party is or is to be a party.


 


(iii)            
A certificate signed by a Responsible Officer of the Borrowers, dated the Amendment Effective Date, stating that as of the
Amendment Effective Date the applicable Loan Parties are in compliance with the covenants contained in Section 5.04(b) and
(c) of the Loan Agreement, together with supporting information in form satisfactory to the Administrative Agent showing the computations
used in determining compliance with such covenants.


 


(iv)             
All governmental and third party consents and approvals necessary in connection with the transactions contemplated by this
Amendment shall have been obtained (without the imposition of any conditions that are not acceptable to the Lenders) and shall
remain in effect, and no law or regulation shall be applicable in the reasonable judgment of the Lenders that restrains, prevents
or imposes materially adverse conditions upon the transactions contemplated by this Amendment.


 


(v)               
Any additional information or documentation reasonably requested by the Administrative Agent or the Lenders.


 


(b)               
The Borrowers shall have paid all accrued fees of the Administrative Agent and the Lenders and all reasonable, out-of-pocket
expenses of the Administrative Agent (including the reasonable fees and expenses of counsel to the Administrative Agent) in connection
with the Loan, this Amendment and the transactions contemplated by the Loan Documents.


 


(c)               
The representations and warranties set forth in each of the Loan Documents and in this Amendment shall be correct in all
material respects (unless qualified as to materiality or Material Adverse Effect, in which case such representations and warranties
shall be correct in all respects) on and as of the Amendment Effective Date, before and after giving effect to this Amendment,
as though made on and as of such date (except for any such representation and warranty that, by its terms, refers to a specific
date other than the Amendment Effective Date, in which case as of such specific date).


 


(d)               
No event shall have occurred and be continuing, or shall result from the effectiveness of this Amendment, that constitutes
a Default.


 


SECTION 5.          
Reference to and Effect on the Loan Documents. (a) On and after the effectiveness of this Amendment, each reference
in the Loan Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring
to the Loan Agreement, and each reference in each of the other Loan Documents to “the Loan Agreement”, “thereunder”,
“thereof” or words of like import referring to the Loan Agreement, shall mean and be a reference to the Loan Agreement,
as amended and modified by this Amendment.


 






    3


     

    

 


(b)               
This Amendment shall constitute a Loan Document.


 


(c)               
The execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy
of any Lender or the Administrative Agent under any of the Loan Documents, nor constitute a waiver of any provision of any of the
Loan Documents.


 


(d)               
This Amendment shall not extinguish the obligations for the payment of money outstanding under the Loan Agreement. Nothing
herein contained shall be construed as a substitution or novation of the obligations outstanding under the Loan Agreement, which
shall remain in full force and effect, except to any extent modified hereby or as provided in the exhibits hereto. Nothing implied
in this Amendment or in any other document contemplated hereby shall be construed as a release or other discharge of any of the
Loan Parties from the Loan Documents, except as expressly set forth in Section 2 hereof.


 


SECTION 6.          
Ratification. The Loan Agreement (as amended by this Amendment) and each of the other Loan Documents are and shall
continue to be in full force and effect and are hereby in all respects ratified and confirmed. Except as expressly provided in
this Amendment, the execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or
remedy of the Administrative Agent or any Lender or Secured Party under the Loan Agreement or any of the other Loan Documents,
nor constitute a waiver of any provision of the Loan Agreement or any of the other Loan Documents.


 


SECTION 7.          
Costs and Expenses. The Borrowers agree to pay on demand all reasonable out-of-pocket costs and expenses of the Administrative
Agent in connection with the preparation, execution, delivery and administration, modification and amendment of this Amendment,
the other instruments and documents to be delivered hereunder (including, without limitation, the reasonable fees and expenses
of counsel for the Administrative Agent) in accordance with the terms of Section 9.04 of the Loan Agreement.


 


SECTION 8.          
Execution in Counterparts. This Amendment may be executed in any number of counterparts and by different parties
hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together
shall constitute but one and the same agreement. Delivery of an executed counterpart of a signature page to this Amendment by facsimile
or other electronic means shall be as effective as delivery of a manually executed counterpart of this Amendment.


 


SECTION 9.          
Governing Law. This Amendment shall be governed by, and construed in accordance with, the laws of the State of New York.


 


[Balance of page intentionally left blank.]


 




    4


     

    

 


IN WITNESS WHEREOF, the parties hereto have
caused this Amendment to be executed by their respective officers thereunto duly authorized, as of the date first above written.


 





	 	BORROWERS:
	 	 	 
	 	AMERICAN REALTY CAPITAL HOSPITALITY PORTFOLIO SMT, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory
	 	 	 
	 	 	 
	 	AMERICAN REALTY CAPITAL HOSPITALITY PORTFOLIO WSC, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory
	 	 	 
	 	 	 
	 	AMERICAN REALTY CAPITAL HOSPITALITY PORTFOLIO NBL, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory
	 	 	 
	 	 	 
	 	ARC HOSPITALITY SMT CY FLGAZ OWNER, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory



 






    	 	Signature Page to Amendment No. 1 to the 
 Amended and Restated Term Loan Agreement



     

    

 


	 	ARC HOSPITALITY SMT SHS FLGAZ OWNER, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory
	 	 	 
	 	 	 
	 	ARC HOSPITALITY SMT FTWIN001 OWNER, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory
	 	 	 
	 	 	 
	 	ARC HOSPITALITY SMT RI FTWIN OWNER, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory
	 	 	 
	 	 	 
	 	ARC HOSPITALITY SMT BTRLA001 OWNER, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory
	 	 	 
	 	 	 
	 	ARC HOSPITALITY SMT FIS BTRLA OWNER, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory



 






    	 	Signature Page to Amendment No. 1 to the 
 Amended and Restated Term Loan Agreement



     

    

 


	 	ARC HOSPITALITY SMT SHS BTRLA OWNER, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory
	 	 	 
	 	 	 
	 	ARC HOSPITALITY SMT TPS BTRLA OWNER, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory
	 	 	 
	 	 	 
	 	ARC HOSPITALITY SMT MDFOR001 OWNER, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory
	 	 	 
	 	 	 
	 	ARC HOSPITALITY SMT ELPTX001 OWNER, LP,
	 	a Delaware limited partnership
	 	 	 
	 	 	By: ARC Hospitality SMT NTC Owner GP, LLC,
	 	 	a Delaware limited liability company, its general partner
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory
	 	 	 
	 	 	 
	 	ARC HOSPITALITY NBL MNTCA001 OWNER, LP,
	 	a Delaware limited partnership
	 	 	 
	 	 	By: ARC Hospitality NBL NTC Owner GP, LLC,
	 	 	a Delaware limited liability company, its general partner
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory



 






    	 	Signature Page to Amendment No. 1 to the 
 Amended and Restated Term Loan Agreement



     

    

 


	 	ARC HOSPITALITY NBL HYP SCHIL OWNER, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory
	 	 	 
	 	 	 
	 	ARC HOSPITALITY NBL HH ATLGA OWNER, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory
	 	 	 
	 	 	 
	 	ARC HOSPITALITY NBL CY CBSOH OWNER, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	/s/ Paul C. Hughes
	 	 	Name: Paul C. Hughes
	 	 	Title: Authorized Signatory



 






    	 	Signature Page to Amendment No. 1 to the 
 Amended and Restated Term Loan Agreement



     

    

 


	 	ADMINISTRATIVE AGENT:
	 	DEUTSCHE BANK AG NEW YORK BRANCH
	 	 	 
	 	By:	/s/ James Rolison
	 	 	Name: James Rolison
	 	 	Title: Managing Director
	 	 	 
	 	 	 
	 	By:	/s/ Murray Mackinnon 
	 	 	Name: Murray Mackinnon
	 	 	Title: Vice President







 




    	 	Signature Page to Amendment No. 1 to the 
 Amended and Restated Term Loan Agreement



     

    

 


CONSENT


 


Dated as of February 11, 2016


 


Each of the undersigned,
as a Guarantor under the Amended and Restated Term Loan Agreement dated as of October 15, 2015, among (i) AMERICAN REALTY CAPITAL
HOSPITALITY PORTFOLIO SMT, LLC, a Delaware limited liability company, AMERICAN REALTY CAPITAL HOSPITALITY PORTFOLIO WSC, LLC, a
Delaware limited liability company, AMERICAN REALTY CAPITAL HOSPITALITY PORTFOLIO NBL, LLC, a Delaware limited liability company,
ARC HOSPITALITY SMT CY FLGAZ OWNER, LLC, a Delaware limited liability company, ARC HOSPITALITY SMT SHS FLGAZ OWNER, LLC, a Delaware
limited liability company, ARC HOSPITALITY SMT FTWIN001 OWNER, LLC, a Delaware limited liability company, ARC HOSPITALITY SMT RI
FTWIN OWNER, LLC, a Delaware limited liability company, ARC HOSPITALITY SMT BTRLA001 OWNER, LLC, a Delaware limited liability company,
ARC HOSPITALITY SMT FIS BTRLA OWNER, LLC, a Delaware limited liability company, ARC HOSPITALITY SMT SHS BTRLA OWNER, LLC, a Delaware
limited liability company, ARC HOSPITALITY SMT TPS BTRLA OWNER, LLC, a Delaware limited liability company, ARC HOSPITALITY SMT
MDFOR001 OWNER, LLC, a Delaware limited liability company, ARC HOSPITALITY SMT ELPTX001 OWNER, LP, a Delaware limited partnership,
ARC HOSPITALITY NBL MNTCA001 OWNER, LP, a Delaware limited partnership, ARC HOSPITALITY NBL HYP SCHIL OWNER, LLC, a Delaware limited
liability company, ARC HOSPITALITY NBL HH ATLGA OWNER, LLC, a Delaware limited liability company, and ARC HOSPITALITY NBL CY CBSOH
OWNER, LLC, a Delaware limited liability company, (ii) AMERICAN REALTY CAPITAL HOSPITALITY TRUST, INC., a Maryland corporation
(the “Parent Guarantor”), AMERICAN REALTY CAPITAL HOSPITALITY OPERATING PARTNERSHIP, L.P., a Delaware
limited partnership (the “Operating Partnership”, and, together with the Parent Guarantor, each individually,
a “Guarantor”), and (iii) DEUTSCHE BANK AG NEW YORK BRANCH, as administrative agent for one or more lenders,
and the other parties thereto (the “Loan Agreement”), hereby consents to the Amendment No. 1 to the Loan
Agreement dated as of the date hereof (the “Amendment”), and hereby confirms and agrees that notwithstanding
the effectiveness of the Amendment, the Guaranty contained in the Loan Agreement is and shall continue to be, in full force and
effect and is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of the Amendment, each
reference in the Loan Documents to “Loan Agreement”, “thereunder”, “thereof” or words of like
import shall mean and be a reference to the Loan Agreement, as amended and modified by the Amendment.


 


[Balance of page intentionally left blank.]


 




    	 	Consent Signature Page to Amendment No. 1 to the 
 Amended and Restated Term Loan Agreement




     

    

 





	 	GUARANTORS:
	 	 	 	 
	 	AMERICAN REALTY CAPITAL HOSPITALITY TRUST, INC., 

a Maryland corporation
	 	 	 	 
	 	By:	 	 
	 	 	Name:	 
	 	 	Title:	 
	 	 	 	 
	 	 	 	 
	 	AMERICAN REALTY CAPITAL HOSPITALITY OPERATING PARTNERSHIP, L.P., a Delaware limited partnership
	 	 	 	 
	 	By:	American Realty Capital Hospitality Trust, Inc., 

a Maryland corporation, its general partner
	 	 	 	 
	 	 	By:	 
	 	 	 	Name:
	 	 	 	Title:







 




    	 	Signature Page to Amendment No. 1 to the 
 Amended and Restated Term Loan Agreement




     

    

 


ANNEX A


 


 


SCHEDULE II


 


 


1. Courtyard Flagstaff, 2650 S. Beulah Blvd., Flagstaff, Arizona
86001 (Coconino County)


 


2. Springhill Suites, 2455 S. Beulah Blvd., Flagstaff, Arizona
86001 (Coconino County)


 


3. Hampton Inn, 8219 West Jefferson Blvd., Fort Wayne, Indiana
46804 (Allen County)


 


4. Residence Inn, 7811 West Jefferson Blvd., Fort Wayne, Indiana
46804 (Allen County)


 


5. DoubleTree by Hilton Hotel, 4964 Constitution Avenue, Baton
Rouge, Louisiana 70808 (East Baton


Rouge Parish)


 


6. Fairfield Inn & Suites, 7959 Essen Park Avenue, Baton
Rouge, Louisiana 70809 (East Baton Rouge


Parish)


 


7. Springhill Suites, 7979 Essen Park Avenue, Baton Rouge, Louisiana
70809 (East Baton Rouge Parish)


 


8. TownePlace Suites, 8735 Summa Avenue, Baton Rouge, Louisiana
70809 (East Baton Rouge Parish)


 


9. Hampton Inn, 1122 Morrow Road, Medford, Oregon 97504 (Jackson
County)


 


10. Hampton Inn & Suites, 6635 Gateway Boulevard West, El
Paso, Texas 79925 (El Paso County)


 


11. Fairfield Inn & Suites, 6851 Tower Road, Denver, Colorado
80249 (Denver County)


 


12. Hampton Inn, 1620 Oakridge Drive, Fort Collins, Colorado
80525 (Larimer County)


 


13. Hilton Garden Inn, 2821 East Harmony Road, Fort Collins,
Colorado 80528 (Larimer County)


 


14. Springhill Suites, 18350 East 68th Avenue, Denver, Colorado
80249 (Denver County)


 


15. Fairfield Inn & Suites, 311 North Riverpoint Boulevard,
Spokane, Washington 99202 (Spokane


County)


 


16. Fairfield Inn & Suites, 14595 NE 29th Place, Bellevue,
Washington 98007 (King County)


 


17. Hilton Garden Inn, 1000 Aguajito Road, Monterey, California
93940 (Monterey County)


 


18. Hyatt House Atlanta Cobb Galleria, 3595 Cumberland Boulevard,
Atlanta, Georgia 30339 (Fulton


County)


 


19. Hyatt Place, 1851 McConnor Parkway, Schaumburg, Illinois
60173 (Cook County)


 


20. Courtyard Columbus Downtown, 35 West Spring Street, Columbus,
Ohio 43215 (Adams County)


 









    A-1 


     

    

 


ANNEX B


 


SUMMIT
3 PROPERTIES


 


1. Fairfield Inn & Suites, 6851 Tower Road, Denver, Colorado
80249 (Denver County)


 


2. Hampton Inn, 1620 Oakridge Drive, Fort Collins, Colorado
80525 (Larimer County)


 


3. Hilton Garden Inn, 2821 East Harmony Road, Fort Collins,
Colorado 80528 (Larimer County)


 


4. Springhill Suites, 18350 East 68th Avenue, Denver, Colorado
80249 (Denver County)


 


5. Fairfield Inn & Suites, 311 North Riverpoint Boulevard,
Spokane, Washington 99202 (Spokane County)


 


6. Fairfield Inn & Suites, 14595 NE 29th Place, Bellevue,
Washington 98007 (King County)


 






    B-1