Cost Comparisions

Turn Key Cost/Square Footage Comparisons

November, 2010

PROTOTYPE DESIGN SUMMARY

Home2 Suites by Hilton

Hampton Inn

(Center Loaded Lobby)

Hampton Inn & Suites

(Center Loaded Lobby)

4.0 September, 2009 Addendum 2 - November, 2009 2010 Edition 8/1/2010 101 4 60,845 602.4 CMU & Precast Plank 2.11 91,939 101

Hilton Garden Inn

Homewood Suites

Embassy Suites

PROTOTYPE VERSION DATE D&C STANDARDS VERSION DATE NUMBER OF KEYS NUMBER OF FLOORS GROSS BUILDING AREA GROSS BUILDING AREA/KEY STRUCTURAL SYSTEM LAND REQUIRED - ACRES LAND REQUIRED - SQ. FT. NUMBER OF PARKING SPACES INPUT Land Cost per Sq. Ft. Construction Cost per Sq. Ft. DEVELOPMENT COST MODEL LAND DESIGN & ENGINEERING PERMITS, LICENSES & FEES CONSTRUCTION 1 General Conditions, Fee & OH 2 Site Construction 3 Concrete 4 Masonry 5 Metals 6 Wood & Plastics 7 Thermal & Moisture 8 Doors & Windows 9 Finishes 10 Specialties 11 Equipment (Hotel Kitchen) 12 Furnishings 13 Special Construction 14 Conveying Systems 15 Mechanical 16 Electrical TOTAL CONSTRUCTION

1.2 April, 2010 2010 Edition 8/1/2010 108 4 56,630 524.4 Wood Frame 1.97 86,940 109

6.0 September, 2009 2010 Edition 8/1/2010 80 4 47,489 593.6 CMU & Precast Plank 1.59 69,295 82

7.0 April 1, 2010 2010 Edition 8/1/2010 136 5 85,282 627.1 CMU & Precast Plank 3.57 155,470 205

8.0 May 1, 2005 2010 Edition 8/1/2010 123 4 88,642 720.7 Wood Frame 2.92 127,774 123

Global Prototype 1.0 September, 2010 2010 Edition 7/1/2010 168 7 145,902 868.5 Concrete Frame 3.10 135,000 189

$9.00 $90.00 Item Cost/Key $782,460 $200,000 $108,000 $7,245 $1,852 $1,000 Cost/SF $9.00 $3.53 $1.91

$9.00 $95.00 Item Cost/Key $623,655 $190,000 $96,000 $7,796 $2,375 $1,200 Cost/SF $9.00 $4.00 $2.02

$11.00 $100.00 Item Cost/Key $1,011,329 $225,000 $141,400 $10,013 $2,228 $1,400 Cost/SF $11.00 $3.70 $2.32

$11.00 $110.00 Item Cost/Key $1,710,170 $275,000 $217,600 $12,575 $2,022 $1,600 Cost/SF $11.00 $3.22 $2.55

$11.00 $95.00 Item Cost/Key $1,405,514...