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Cleveland, Ohio, April 12, 2004—Boykin Management Company announces the appointment of Joseph Borkowski as Area Revenue Director for Hotel 71, Buffalo Niagara Marriott, Cleveland Airport Marriott, and the Columbus Marriott North. Mr. Borkowski will be based at Hotel 71 in Chicago, Illinois.

Mr. Borkowski joins the Boykin Management Company team with 16 years of experience in the hotel industry, bringing a wealth of knowledge in sales and marketing. Joseph—s previous experience includes Revenue Manager at the New Orleans Grande Hotel, Area Director of Revenue and Task Director of Transient Sales for Interstate Hotels and Resorts.

Joseph has attended hotel industry workshops in revenue management, foundations of leadership, customer service enhancement, and internet prospecting. Joseph holds a Bachelor of Arts degree from Nebraska Wesleyan University and will be a value added and respected addition to Boykin Management Company.

About the Hotels:
Hotel 71 features 422 guestrooms (from 400 square feet and up) and 32 suites (including 8 executive boardroom suites seating up to 14), restaurant, bar, room service, valet parking and 100-car garage, lifestyle shop, 10,000 square feet of meeting and event spaces, two dedicated executive boardrooms, and a 24-hour fitness center. The Buffalo Niagara Marriott, Cleveland Airport Marriott, and the Columbus Marriott North are owned by Cleveland-based Boykin Lodging Company (NYSE:BOY). The Buffalo Niagara Marriott offers 350 newly decorated guestrooms, complete with high speed internet access. Additional amenities include Christino's restaurant, night club, 24 hour health club, indoor/outdoor pool, game room, gift shop, concierge floors with private lounge, as well as 14,000 square feet of brand new meeting and event space. The Cleveland Airport Marriott has been newly renovated and features 371 deluxe guest rooms and four ballrooms (15,500 square feet). Additional amenities include Jack—s Steakhouse restaurant, a fitness center, pool and whirlpool, full business-center, and data-ports. The Columbus Marriott North is minutes away from dining, entertainment, shopping venues, and the fabulous Polaris Fashion Place Mall. The hotel features 300 large guestrooms which are newly renovated and well appointed with an iron and ironing board, hairdryer, complimentary in-room coffee, and in-room pay movies. Additional amenities include indoor/outdoor pool, whirlpool, sauna, gift shop featuring Starbucks coffee, business center, restaurant and lounge.

About the Company:
Boykin Management Company operates first-class, full service and limited service hotels, condominium hotels, and resorts throughout the United States. Since 1958, Boykin has built a leadership reputation in the hotel industry with a solid foundation of experience in hotel operation, management, and development. Boykin Management currently operates 30 hotels, with 8,389 rooms in 18 states, with hotels operating under the Marriott, Hilton, Embassy Suites, Doubletree, Radisson, Holiday Inn, Hampton Inn, Quality Suites, Ramada, Comfort Inn, and Red Roof brands. In addition, Boykin Management operates independent hotels and resorts. For more information about Boykin Management Company please visit our website at: www.boykin.com.

Contact: Diane Schmidt, SVP Sales and Revenue Management 216-430-1276
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