WILLIAMSBURG, Va., Oct. 15 /PRNewswire-FirstCall/ -- MHI Hospitality Corporation (NASDAQ:MDH) announced that the company will report financial results for the third quarter 2008 prior to the market opening on Wednesday, November 5, 2008. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) the same day. Management will discuss the company's third quarter results and its business outlook for the remainder of 2008. The information to be discussed on the call will be contained in the company's earnings release, which will be available via MHI Hospitality Corporation's website at http://www.mhihospitality.com/ in the Investors section under Press Releases. The conference call will be accessible by telephone and through the Internet. Interested individuals are invited to listen to the call by telephone at 800-860-2442. To participate on the webcast, log on to http://www.mhihospitality.com/ at least 15 minutes before the call to download the necessary software. For those unable to listen to the call live, a taped rebroadcast will be available beginning two hours after completion of the live call on November 5, 2008 through December 5, 2008. To access the rebroadcast, dial 877-344-7529, enter passcode number 423644. A replay of the call will also be available on the Internet at http://www.mhihospitality.com/ until November 20, 2008. About MHI Hospitality Corporation MHI Hospitality Corporation is a self-advised lodging REIT focused on the acquisition, redevelopment and management of mid-scale, upscale and upper upscale full service hotels in the Mid-Atlantic, Midwest and Southeastern United States. Currently, the Company's portfolio consists of nine properties comprising 2,143 rooms, all of which operate under the Hilton, InterContinental Hotels Group and Starwood Hotels and Resorts brands. In addition, the Company has a 25 percent interest in the Crowne Plaza Resort Hollywood Beach and a leasehold interest in the common area of Shell Island Resort, a resort condominium property. MHI Hospitality Corporation was organized in 2004 and is listed on the Russell Microcap(TM) Index. The Company is headquartered in Williamsburg, Virginia. For more information please visit http://www.mhihospitality.com/. DATASOURCE: MHI Hospitality Corporation CONTACT: Bill Zaiser, Chief Financial Officer of MHI Hospitality Corporation, +1-301-220-5400, or Vicki Baker, General Information of Financial Relations Board, +1-703-796-1798, for MHI Hospitality Corporation Web site: http://www.mhihospitality.com/

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