Condor Hospitality Trust Schedules Fourth Quarter 2017 Earnings Release and Conference Call

Condor Hospitality Trust, Inc.CDOR, a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that it will report its financial and operating results for the year ending December 31, 2017 on Monday, March 19, 2018, after the market closes. The Company will conduct its quarterly conference call on Tuesday, March 20, 2018, at 9:00 AM ET.

To participate in the conference call, please follow the steps listed below:

• On Tuesday, March 20, 2018, dial 1-877-425-9470 [International: 1-201-389-0878] approximately ten minutes before the call begins (9:00 AM ET);
• Tell the operator that you are calling for Condor Hospitality Trust's Fourth Quarter 2017 Earnings Conference Call;
• State your full name and company affiliation and you will be connected to the call.

A live webcast of the Earnings Call will also be available through the Company's website. To access, log on to http://condorhospitality.com ten minutes prior to the call. A replay of the conference call webcast will be archived and available online through the Investor Relations section of http://condorhospitality.com.

A telephone replay will be available for two weeks following Condor's Fourth Quarter 2017 Earnings Conference Call and can be accessed via the following numbers:

• Toll-Free: 1-844-512-2921
• Toll/International: 1-412-317-6671
• Replay Pin Number: 13676856

About Condor Hospitality Trust, Inc.

Condor Hospitality Trust, Inc. CDOR, is a self-administered real estate investment trust incorporated in the state of Maryland that specializes in the investment and ownership of upper midscale and upscale, premium-branded select-service, extended stay and limited-service hotels. The Company currently owns 18 hotels in 9 states. Condor's hotels are franchised by a number of the industry's most well-regarded brand families including Hilton, Marriott, and InterContinental Hotels Group. For more information or to make a hotel reservation, visit www.condorhospitality.com.

Certain matters within this press release are discussed using forward-looking language as specified in the Private Securities Litigation Reform Act of 1995, and, as such, may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those projected in the forward-looking statement. These risks are discussed in the Company's filings with the Securities and Exchange Commission.

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