PROCACCIANTI

Procaccianti Hotel REIT, Inc., (PROC) intends to offer individual investors access to an institutionally managed portfolio of premium branded select-service hotels that are geographically diversified across the United States... Payment of distributions on our K Shares, K-I Shares and K-T Shares is not guaranteed. Our charter does not restrict us from paying distributions from any particular source, which means that we could use an unlimited amount of offering proceeds and borrowings, as well as proceeds from the sale of assets and the waiver or deferral of fees otherwise owed to our advisor, to pay distributions. Any of these distributions may reduce the amount of capital we ultimately invest in properties, and negatively impact the value of your investment, especially if a substantial portion of distributions is paid from offering proceeds. Our board of directors has adopted a policy (which it may change in its sole discretion) to refrain from funding distributions with offering..