Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On
Under the Company's letter agreement with Mr, Troup, upon his departure he will
repay the
The Company has engaged
Item 7.01. Regulation FD Disclosure.
A copy of the
Forward Looking Statements
This current report on Form 8-K contains forward-looking statements within the
meaning of federal securities law, including statements concerning plans,
objectives, goals, strategies, projections of future events or performance and
underlying assumptions (many of which are based, in turn, upon further
assumptions). The forward-looking statements in this report are inherently
subject to a variety of risks and uncertainties that could cause actual results
to differ materially from those expressed. Such risks and uncertainties include,
among others, our dependency upon the ability and experience of executive
officers, and our ability to retain or replace such officers; economic cycles;
international conflicts; changes in future demand and supply for hotel rooms;
competitive conditions in the lodging industry; relationships with franchisees
and properties; impact of government regulations; ability to obtain financing;
changes in energy, healthcare, insurance and other operating expenses; ability
to sell non-core assets; ability to locate lessees for rental property; as well
as other matters discussed in the Company's annual report on Form 10-K for the
year ended
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
The following exhibits are included with this Current Report on Form 8-K:
Exhibit No. Description 99.1 Press Release datedMay 15, 2020 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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