Humphrey Hospitality Trust, Inc. Announces Monthly Dividend Payment Schedule for January 2001 to March 2001

Press Release
January 11, 2001
COLUMBIA, MD -- Humphrey Hospitality Trust, Inc. (Nasdaq:HUMP) yesterday announced that its board of directors had declared its monthly cash dividend.

The dividend payment schedule for January 2001 to March 2001 is as follows:

January 2001
         Declared for Shareholders of Record              01/31/2001
         Pay date                                         02/28/2001

February 2001
         Declared for Shareholders of Record              02/28/2001
         Pay date                                         03/30/2001

March 2001
         Declared for Shareholders of Record              03/30/2001
         Pay date                                         04/30/2001


    The monthly dividend will be paid at the rate of $.077 per share,
which represents an annualized rate of $.924 per share. Based on
Tuesday's, January 9, 2001 closing stock price of $7.25 (or 7 1/4),
the annualized dividend yield is 12.7 percent.
    Humphrey Hospitality Trust, Inc. is a self-advised real estate
investment trust headquartered in Columbia, Maryland, which owns 92
hotels located in 19 states.

    Forward-looking statements in this news release, if any, are made
under the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Certain important factors that could cause results
to differ materially from those anticipated by the forward-looking
statements are discussed from time to time in reports filed with the
Securities and Exchange Commission.

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Contact: 
     Humphrey Hospitality Trust, Inc.
     Paul G. Bollinger, 443/259-4907