Exhibit No. 99.1

UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

The following unaudited pro forma condensed consolidated financial information has been prepared assuming that the Crowne Plaza, Worcester, MA (the “Worcester Property”) had been conveyed to the lender (i) at the beginning of the periods presented for the pro forma condensed consolidated statements of operations for the years ended December 31, 2008, 2007 and 2006 as well as for the nine months ended September 30, 2009 and 2008, and (ii) at September 30, 2009 for the pro forma condensed consolidated balance sheet.

The unaudited pro forma condensed consolidated statements of operations do not include adjustments for the gain on deconsolidation of the Worcester Property, estimated at $6.1 million, as this is a non-recurring transaction directly attributable to the disposition of the Worcester Property.

In accordance with the terms of the franchise agreement associated with the Worcester Property, the Company could be required to pay liquidated damages to the franchisor upon transfer of the Worcester Property to the Lender. The estimated potential liquidated damages totaled $1.3 million as of September 30, 2009. This amount is not reflected in the pro forma condensed consolidated financial statements presented since the recognition criteria for contingencies as established by U.S. GAAP had not been met.

The unaudited pro forma condensed consolidated financial statements have been prepared by management for illustrative purposes only in accordance with Article 11 of SEC Regulation S-X and are not necessarily indicative of the consolidated financial position or results of operations in future periods or the results that actually would have been realized had the Worcester Property been conveyed to the lender during the specified periods. The unaudited pro forma condensed consolidated financial statements should be read in conjunction with Lodgian, Inc.’s historical consolidated financial statements included in its Annual Report on Form 10-K for the year ended December 31, 2008 and its Form 10-Q for the nine months ended September 30, 2009.

Lodgian, Inc. and Subsidiaries
Pro Forma Condensed Consolidated Statement of Operations
For the Year Ended December 31, 2008

		Lodgian, Inc.				Pro Forma adjustments
		For the Year Ended				related to the Crowne
		December 31, 2008				Plaza Worcester, MA				Pro Forma
		(unaudited in thousands, except per share data)
Revenues:
Rooms		$	178,623			$	(5,192	)		$	173,431
Food and beverage			53,543				(3,801	)			49,742
Other			8,262				(517	)			7,745
Total revenues			240,428				(9,510	)			230,918
Direct operating expenses:
Rooms			46,588				(1,456	)			45,132
Food and beverage			36,755				(2,435	)			34,320
Other			5,806				(281	)			5,525
Total direct operating expenses			89,149				(4,172	)			84,977
			151,279				(5,338	)			145,941
Other operating expenses:
Other hotel operating costs			69,960				(2,762	)			67,198
Property and other taxes, insurance, and leases			16,561				(656	)			15,905
Corporate and other			16,805				(888	)			15,917
Casualty losses, net			1,095				—				1,095
Depreciation and amortization			31,930				(237	)			31,693
Impairment of long-lived assets			9,468				(4,875	)			4,593
Total other operating expenses			145,819				(9,418	)			136,401
Operating income			5,460				4,080				9,540
Other income (expenses):
Interest income and other			1,054				—				1,054
Interest expense			(19,345	)			1,063				(18,282	)
Loss before income taxes			(12,831	)			5,143				(7,688	)
Provision for income taxes — continuing operations			(80	)			—				(80	)
Loss from continuing operations			(12,911	)			5,143				(7,768	)
Basic and diluted net loss per share from continuing operations		$	(0.59	)		$	0.24			$	(0.36	)
Basic and diluted weighted average shares from continuing operations			21,774				—				21,774

Lodgian, Inc. and Subsidiaries
Pro Forma Condensed Consolidated Statement of Operations
For the Year Ended December 31, 2007

		Lodgian, Inc.				Pro Forma adjustments
		For the Year Ended				related to the Crowne
		December 31, 2007				Plaza Worcester, MA				Pro Forma
		(unaudited in thousands, except per share data)
Revenues:
Rooms		$	179,716			$	(5,351	)		$	174,365
Food and beverage			55,089				(3,857	)			51,232
Other			7,753				(460	)			7,293
Total revenues			242,558				(9,668	)			232,890
Direct operating expenses:
Rooms			44,833				(1,474	)			43,359
Food and beverage			37,239				(2,477	)			34,762
Other			5,503				(238	)			5,265
Total direct operating expenses			87,575				(4,189	)			83,386
			154,983				(5,479	)			149,504
Other operating expenses:
Other hotel operating costs			68,623				(2,879	)			65,744
Property and other taxes, insurance, and leases			17,662				(710	)			16,952
Corporate and other			21,391				(392	)			20,999
Casualty gains, net			(1,867	)			—				(1,867	)
Restructuring			1,232				—				1,232
Depreciation and amortization			28,765				(647	)			28,118
Impairment of long-lived assets			1,622				(462	)			1,160
Total other operating expenses			137,428				(5,090	)			132,338
Operating income			17,555				(389	)			17,166
Other income (expenses):
Interest income and other			3,944				—				3,944
Interest expense			(23,172	)			1,078				(22,094	)
Loss on debt extinguishment			(3,330	)			—				(3,330	)
Loss before income taxes			(5,003	)			689				(4,314	)
Provision for income taxes — continuing operations			(157	)			—				(157	)
Loss from continuing operations			(5,160	)			689				(4,471	)
Basic and diluted net loss per share from continuing operations		$	(0.21	)		$	0.03			$	(0.18	)
Basic and diluted weighted average shares from continuing operations			24,292				—				24,292

Lodgian, Inc. and Subsidiaries
Pro Forma Condensed Consolidated Statement of Operations
For the Year Ended December 31, 2006

		Lodgian, Inc.				Pro Forma adjustments
		For the Year Ended				related to the Crowne
		December 31, 2006				Plaza Worcester, MA				Pro Forma
		(unaudited in thousands, except per share data)
Revenues:
Rooms		$	170,764			$	(5,929	)		$	164,835
Food and beverage			49,807				(3,539	)			46,268
Other			7,064				(337	)			6,727
Total revenues			227,635				(9,805	)			217,830
Direct operating expenses:
Rooms			43,329				(1,517	)			41,812
Food and beverage			34,861				(2,260	)			32,601
Other			5,402				(180	)			5,222
Total direct operating expenses			83,592				(3,957	)			79,635
			144,043				(5,848	)			138,195
Other operating expenses:
Other hotel operating costs			63,467				(2,821	)			60,646
Property and other taxes, insurance, and leases			17,383				(633	)			16,750
Corporate and other			20,693				(391	)			20,302
Casualty gains, net			(2,985	)			—				(2,985	)
Depreciation and amortization			27,414				(715	)			26,699
Impairment of long-lived assets			632				—				632
Total other operating expenses			126,604				(4,560	)			122,044
Operating income			17,439				(1,288	)			16,151
Other income (expenses):
Business interruption proceeds			3,094				—				3,094
Interest income and other			2,558				—				2,558
Interest expense			(21,970	)			1,465				(20,505	)
Income before income taxes			1,121				177				1,298
Provision for income taxes — continuing operations			(11,854	)			—				(11,854	)
Loss from continuing operations			(10,733	)			177				(10,556	)
Basic and diluted net loss per share from continuing operations		$	(0.44	)		$	0.01			$	(0.43	)
Basic and diluted weighted average shares from continuing operations			24,617				—				24,617

Lodgian, Inc. and Subsidiaries
Pro Forma Condensed Consolidated Statement of Operations
For the Nine Months Ended September 30, 2009

		Lodgian, Inc.				Pro Forma adjustments
		For the Nine Months				related to the Crowne
		Ended September 30, 2009				Plaza Worcester, MA				Pro Forma
		(unaudited in thousands, except per share data)
Revenues:
Rooms		$	114,415			$	(3,073	)		$	111,342
Food and beverage			33,852				(2,088	)			31,764
Other			5,689				(335	)			5,354
Total revenues			153,956				(5,496	)			148,460
Direct operating expenses:
Rooms			31,818				(996	)			30,822
Food and beverage			23,706				(1,485	)			22,221
Other			3,881				(163	)			3,718
Total direct operating expenses			59,405				(2,644	)			56,761
			94,551				(2,852	)			91,699
Other operating expenses:
Other hotel operating costs			46,229				(1,768	)			44,461
Property and other taxes, insurance, and leases			12,829				(505	)			12,324
Corporate and other			11,458				(228	)			11,230
Casualty losses, net			133				(15	)			118
Depreciation and amortization			26,067				(594	)			25,473
Impairment of long-lived assets			35,349				(4,996	)			30,353
Total other operating expenses			132,065				(8,106	)			123,959
Operating loss			(37,514	)			5,254				(32,260	)
Other income (expenses):
Interest income and other			98				—				98
Interest expense			(10,598	)			768				(9,830	)
Loss before income taxes and noncontrolling interest			(48,014	)			6,022				(41,992	)
Provision for income taxes — continuing operations			(29	)			—				(29	)
Loss from continuing operations			(48,043	)			6,022				(42,021	)
Basic and diluted net loss per share from continuing operations		$	(2.25	)		$	0.28			$	(1.97	)
Basic and diluted weighted average shares from continuing operations			21,313				—				21,313

Lodgian, Inc. and Subsidiaries
Pro Forma Condensed Consolidated Statement of Operations
For the Nine Months Ended September 30, 2008

		Lodgian, Inc.				Pro Forma adjustments
		For the Nine Months				related to the Crowne
		Ended September 30, 2008				Plaza Worcester, MA				Pro Forma
		(unaudited in thousands, except per share data)
Revenues:
Rooms		$	139,891			$	(3,842	)		$	136,049
Food and beverage			40,011				(2,776	)			37,235
Other			6,376				(392	)			5,984
Total revenues			186,278				(7,010	)			179,268
Direct operating expenses:
Rooms			35,562				(1,088	)			34,474
Food and beverage			27,740				(1,792	)			25,948
Other			4,473				(215	)			4,258
Total direct operating expenses			67,775				(3,095	)			64,680
			118,503				(3,915	)			114,588
Other operating expenses:
Other hotel operating costs			53,885				(2,038	)			51,847
Property and other taxes, insurance, and leases			12,338				(496	)			11,842
Corporate and other			13,742				(788	)			12,954
Casualty gains, net			(57	)			—				(57	)
Depreciation and amortization			23,578				(94	)			23,484
Impairment of long-lived assets			9,114				(4,849	)			4,265
Total other operating expenses			112,600				(8,265	)			104,335
Operating income			5,903				4,350				10,253
Other income (expenses):
Interest income and other			907				—				907
Interest expense			(14,768	)			797				(13,971	)
Loss before income taxes and noncontrolling interest			(7,958	)			5,147				(2,811	)
Provision for income taxes — continuing operations			(6	)			—				(6	)
Loss from continuing operations			(7,964	)			5,147				(2,817	)
Basic and diluted net loss per share from continuing operations		$	(0.36	)		$	0.23			$	(0.13	)
Basic and diluted weighted average shares from continuing operations			21,944				—				21,944

Lodgian, Inc. and Subsidiaries
Pro Forma Condensed Consolidated Balance Sheet
As of September 30, 2009

						Pro Forma adjustments
		Lodgian, Inc. as of				related to the Crowne
		September 30, 2009				Plaza Worcester, MA				Pro Forma
		(Unaudited in thousands, except share data)
ASSETS
Current assets:
Cash and cash equivalents		$	24,647			$	(205	)		$	24,442
Cash, restricted			9,419				—				9,419
Accounts receivable (net of allowances of $257)			7,035				(225	)			6,810
Inventories			3,100				(129	)			2,971
Prepaid expenses and other current assets			15,342				(352	)			14,990
Assets held for sale			4,554				—				4,554
Total current assets			64,097				(911	)			63,186
Property and equipment, net			403,815				(9,627	)			394,188
Deposits for capital expenditures			5,586				(103	)			5,483
Other assets			4,893				(153	)			4,740
		$	478,391			$	(10,794	)		$	467,597
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable		$	5,152			$	(177	)		$	4,975
Other accrued liabilities			23,674				(380	)			23,294
Advance deposits			1,619				(98	)			1,521
Current portion of long-term liabilities			102,614				(16,270	)			86,344
Liabilities related to assets held for sale			607				—				607
Total current liabilities			133,666				(16,925	)			116,741
Long-term liabilities			208,935				—				208,935
Total liabilities			342,601				(16,925	)			325,676
Commitments and contingencies
Stockholders’ equity:
Common stock, $.01 par value, 60,000,000 shares authorized; 25,148,819 issued at September 30, 2009			252				—				252
Additional paid-in capital			331,601				—				331,601
Accumulated deficit			(155,344	)			6,131				(149,213	)
Accumulated other comprehensive income			64				—				64
Treasury stock, at cost, 3,827,603 at September 30, 2009			(39,692	)			—				(39,692	)
Total stockholders’ equity attributable to common stock			136,881				6,131				143,012
Noncontrolling interest			(1,091	)			—				(1,091	)
Total equity			135,790				6,131				141,921
		$	478,391			$	(10,794	)		$	467,597