WILLIAMSBURG, Va.--(MHI Hospitality Corporation (NASDAQ: MDH) today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per issued and outstanding common share. The quarterly dividend will be paid on January 11, 2013 to its common shareholders of record as of December 14, 2012.)--
MHI Hospitality Corporation is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper upscale full-service hotels in the Mid-Atlantic and Southern United States. Currently, the Company’s portfolio consists of investments in ten hotel properties, nine of which are wholly-owned and comprise 2,113 rooms. All of the Company’s wholly-owned properties operate under the Hilton Worldwide, InterContinental Hotels Group and Starwood Hotels and Resorts brands. The Company has a 25.0 percent interest in the Crowne Plaza Hollywood Beach Resort. MHI Hospitality Corporation was organized in 2004 and is headquartered in Williamsburg, Virginia. For more information please visit www.mhihospitality.com.