Supertel Hospitality to Present May 19 at JMP Securities Research Conference

Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT) which owns 125 hotels in 24 states, today announced that Donavon Heimes, Supertel's chief financial officer, will be speaking at the Seventh Annual JMP Securities Research Conference, which takes place May 19-21 in San Francisco, Calif. at the Ritz Carlton Hotel. Heimes is scheduled to present at 10:30 a.m. Pacific Time (PT) on Monday, May 19, 2008.

A live webcast of the presentation will be available at the JMP Securities Web site, www.jmpsecurities.com. A replay of the presentation will be available on JMP's Web site for 90 days after the presentation. Please go to the site at least 15 minutes prior to the presentation to download and install any necessary audio software.

Analysts and portfolio managers who wish to request a meeting with management should contact Sandy Mateus at smateus@LJFevents.com.

About Supertel Hospitality, Inc.

As of May 13, 2008, Supertel Hospitality, Inc. (NASDAQ: SPPR) owns 125 hotels aggregating 10,886 rooms in 24 states. The company's hotel portfolio includes Super 8, Comfort Inn/Comfort Suites, Hampton Inn, Holiday Inn Express, Supertel Inn, Days Inn, Ramada Limited, Guest House Inn, Sleep Inn, Savannah Suites and Masters Inn. This diversity enables the company to participate in the best practices of each of these respected hospitality partners. The company specializes in limited-service hotels, which do not normally offer food and beverage service. For more information or to make a hotel reservation, visit www.supertelinc.com.

Certain matters within this press release are discussed using forward- looking language as specified in the Private Securities Litigation Reform Act of 1995, and, as such, may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those projected in the forward-looking statement. These risks are discussed in the company's filings with the Securities and Exchange Commission.

---

   _   _