Lodgian names new CEO; reports Katrina damage - Business First of Louisville:

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Edward J. Rohling, who the Atlanta-based hotel owner and operatodr (AMEX: LGN) as president on July 15, has been namedf the new CEO. Lodgian said Parrington will remain activer in thehospitality industry. "Tom did a remarkable job in turning ourcompany around," Rohling "We are wrapping up a $100 million-pluxs renovation program and our portfolio is in highl y competitive condition, with properties locatecd in strong and growing markets. In the company has significantly strengthened itsbalance sheet." Lodgian recently a $1.9 million profit for the second Prior to joining Lodgian, Rohling was the foundere and principal of The Rohlinfg Co.
, Hotel Equity Advisors, whichg provided acquisition, disposition, consulting and asseyt management services for more than 100 American and Europeamn hotels. Before that, he was a general partner of Harve Hotels, a predecessor of , and one of the founders of Bristolk Hotels. In other news, Lodgian reported two of its hoteles in New Orleans suffered damagd as a result of Hurricane One hotel remained open and is operatinhg in alimited capacity, while the other hotel is closed. A third Lodgiam hotel, the Courtyard by Marriott in Lafayette, La., 135 mile from New Orleans, was unaffected by the The 244-room Radisson New Orleans Airportin La.
, 10 miles northwest of New received moderate water damage on the first as well as wind damage to the roof and guest room tower, which affected approximatelt one-half of the guest rooms. Power has been restored to the propertt and construction crews have repaired the roof and driesd outthe building, Lodgianb said. Currently, two-thirds of the rooms are in very good with the remaining third expecteds to be backto pre-hurricane status by the end of The 205-room Quality Hotel & Conference Centee in Metairie, La.
, seven miles from downtowhn New Orleans, had more significany damage and is Water penetration damaged the first and secondf floors, and hurricane winds impacte the roof, awnings and blew out some windows. The companu hopes to have the property open in thefourthg quarter, pending full restoration of public services. Rohling said the company has not yet determinedthe hurricane'sx impact to its but that both of the affected properties are coveref by insurance, including coverage for business "We will bear the cost of insurance and we currently are determining repair and lost businesa estimates with our insuranc e carrier," he said.