UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                 ---------------

                                   FORM 10-K/A
                        FOR ANNUAL AND TRANSITION REPORTS
                     PURSUANT TO SECTIONS 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

     (MARK ONE)

         [X]       ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF
                   THE SECURITIES EXCHANGE ACT OF 1934.

                   FOR THE FISCAL YEAR ENDED DECEMBER 31, 1999

                                       OR

         [ ]       TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
                   SECURITIES EXCHANGE ACT OF 1934.

                   FOR THE TRANSITION PERIOD FROM ____________ TO ____________

                           COMMISSION FILE NO. 1-14537

                                  LODGIAN, INC.
             (Exact name of registrant as specified in its charter)

                     DELAWARE                           52-2093696
          (State or other jurisdiction of            (I.R.S. Employer
          incorporation or organization)            Identification No.)
        3445 PEACHTREE ROAD N.E., SUITE 700               30326
                 ATLANTA, GEORGIA                       (Zip Code)
          (Address of principal executive
                     offices)

       Registrant's telephone number, including area code: (404) 364-9400
          Securities registered pursuant to Section 12(b) of the Act:

       TITLE OF EACH CLASS             NAME OF EACH EXCHANGE ON WHICH REGISTERED
-------------------------------------- -----------------------------------------
Common Stock, $.01 par value per share             New York Stock Exchange


        Securities registered pursuant to Section 12(g) of the Act: NONE

    Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes [X] No [ ]

    Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K (Section 229.405 of this chapter) is not contained herein
and will not be contained, to the best of registrant's knowledge, in definitive
proxy or information statements incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K. [ ]

The aggregate market value of Common Stock, par value $.01 per share, held by
non-affiliates of the registrant as of July 24, 2000, was $70,040,945 based on
the closing price of $2.6875 per share of the Common Stock as reported by the
New York Stock Exchange on such date.

    The registrant had 28,126,591 shares of Common Stock, par value $.01,
outstanding as of July 24, 2000.
<PAGE>


                                 AMENDMENT NO. 1
                                       TO
                           ANNUAL REPORT ON FORM 10-K

ITEM 8.  The following Report of Independent Auditors shall be moved from Item
         14 to Item 8:

                         REPORT OF INDEPENDENT AUDITORS

         The Stockholders and Board of Directors
         Lodgian, Inc.

                  We have audited the accompanying consolidated balance sheets
         of Lodgian, Inc. (formerly known as Servico, Inc) and subsidiaries as
         of December 31, 1999 and 1998, and the related consolidated statements
         of operations, stockholders' equity, and cash flows for each of the
         three years in the period ended December 31, 1999. These financial
         statements are the responsibility of the Company's management. Our
         responsibility is to express an opinion on these financial statements
         based on our audits.

                  We conducted our audits in accordance with auditing standards
         generally accepted in the United States. Those standards require that
         we plan and perform the audit to obtain reasonable assurance about
         whether the financial statements are free of material misstatement. An
         audit includes examining, on a test basis, evidence supporting the
         amounts and disclosures in the financial statements. An audit also
         includes assessing the accounting principles used and significant
         estimates made by management, as well as evaluating the overall
         financial statement presentation. We believe that our audits provide a
         reasonable basis for our opinion.

                  The selected quarterly financial data included in Note 17
         contains information that we did not audit, and, accordingly, we do not
         express an opinion on that data. We attempted, but were unable, to
         review the quarterly financial data for the interim periods within 1999
         in accordance with standards established by the American Institute of
         Certified Public Accountants because we believe that the Company's
         internal controls for the preparation of interim financial information
         did not provide an adequate basis to enable us to complete such a
         review.

                  In our opinion, the financial statements referred to above
         present fairly, in all material respects, the consolidated financial
         position of Lodgian, Inc. (formerly known as Servico, Inc.) and
         subsidiaries at December 31, 1999 and 1998, and the consolidated
         results of their operations and their cash flows for each of the three
         years in the period ended December 31, 1999, in conformity with
         accounting principles generally accepted in the United States.

                                Ernst & Young LLP
<PAGE>

                                   SIGNATURES

    Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Company has duly caused this Report to be signed on
its behalf by the undersigned, thereunto duly authorized, on October 16, 2000.

                                                  LODGIAN, INC.

                                                  By: /s/ THOMAS EPPICH
                                                      ------------------------
                                                      Thomas R. Eppich
                                                      Chief Financial Officer

    Pursuant to the requirements of the Securities Exchange Act of 1934, this
Report has been signed below by the following persons on behalf of the Company
and in the capacities indicated, on October 16, 2000.

                 SIGNATURE                                TITLE
    ----------------------------------    --------------------------------------

            /s/ ROBERT S. COLE            Chief Executive Officer, President and
    ----------------------------------    Director
              Robert S. Cole

           /s/ THOMAS R. EPPICH           Chief Financial Officer
    ----------------------------------
             Thomas R. Eppich

           /s/ JOSEPH C. CALABRO          Chairman of the Office of the Chairman
    ----------------------------------    of the Board-of-Directors
             Joseph C. Calabro

               /s/ John Lang              Director
    ----------------------------------
                 John Lang

                                          Director
    ----------------------------------
             Michael A. Leven

                                          Director
    ----------------------------------
              Peter R. Tyson

           /s/ RICHARD H. WEINER          Director
    ----------------------------------
             Richard H. Weiner