Condor Hospitality Trust, Inc. (NYSEAM:CDOR) reported that its board of directors is evaluating strategic alternatives to enhance shareholder value. According to a media release, the Company has engaged the firm of Hodges Ward Elliott to market for sale the 15 hotels portfolio owned by the company. Leading the Hodges Ward Elliott team in the marketing of the outperforming high quality select service and extended stay portfolio, located mostly in very desirable secondary markets, will be Dan Peek, President of HWE's Hotel Group and Clint Hodges, Managing Director and leader of the firm's select service team. Although the Company expects significant interest in the marketing initiative, there can be no assurance that a transaction will occur at the conclusion of the process. Bill Blackham, Condor's Chief Executive Officer, said, "We believe we have a high quality and superior performing portfolio of select-service assets compared to our select service peers in the public hotel REIT space, and now is the right time to review the Company's strategic alternatives to assess how best to create value for our shareholders. During this time, the entire Condor team working closely with our hotel managers will remain highly focused on continuing to drive our hotel operating performance".