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MHI Hospitality Corporation Appoints Anthony E. Domalski as Chief Financial Officer

Upon the Retirement of William J. Zaiser, Executive Vice President,
Chief Financial Officer and Corporate Secretary

WILLIAMSBURG, Va.-- January 4, 2013 - MHI Hospitality Corporation (NASDAQ: MDH) (“MHI” or the “Company”) today announced that William J. Zaiser, MHI’s Executive Vice President, Chief Financial Officer and corporate Secretary, retired from the Company as of December 31, 2012. Mr. Zaiser will continue to serve as a consultant to the Company. Following Mr. Zaiser’s retirement, MHI’s Board of Directors appointed Mr. Anthony E. Domalski as Chief Financial Officer. Mr. Domalski has been MHI’s Vice President and Chief Accounting Officer since May 2005. The Company also appointed Patrick V. Fiel, Jr., the Company’s General Counsel, to the additional role of MHI’s corporate Secretary.

Andrew M. Sims, Chairman and Chief Executive Officer of MHI, commented, “On behalf of the Company and the Board of Directors, I want to thank Bill for his many years of service and leadership. Bill has played an integral role in the growth of the Company since joining MHI in 1986. We look forward to his continued contributions as a consultant to the Company.” Mr. Sims added, “We are pleased to promote Tony Domalski to Chief Financial Officer. Tony brings invaluable expertise and experience that will ensure continuity of the reporting function.”

About MHI Hospitality Corporation
MHI Hospitality Corporation is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper upscale full-service hotels in the Mid-Atlantic and Southern United States. Currently, the Company’s portfolio consists of investments in ten hotel properties, nine of which are wholly-owned and comprise 2,113 rooms. All of the Company’s wholly-owned properties operate under the Hilton Worldwide, InterContinental Hotels Group and Starwood Hotels and Resorts brands. The Company has a 25.0 percent interest in the Crowne Plaza Hollywood Beach Resort. MHI Hospitality Corporation was organized in 2004 and is headquartered in Williamsburg, Virginia. For more information please visit

MHI Hospitality Corporation
Scott Kucinski
Director - Investor Relations


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Also See: MHI Hospitality Corporation Appoints David Folsom as President; Will Also Remain Chief Operating Officer / January 2011

Founder of MHI Hospitality Corporation Edgar Sims, Passes Away at 81-years of Age / January 2010

MHI Hospitality Opens the Crowne Plaza(R) Tampa Westshore Following Completion of an Extensive 16-month Repositioning / March 2009

MHI Hospitality Corp Acquires the 250-room Former Clarion Hotel in Tampa, Florida for $13.5 million, $54,000 per room; Planning a $20 million Renovation and a Crowne Plaza Rebranding / October 2007

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