Procaccianti Hotel REIT authorizes ~$954k in Q3 2023 distributions across share classes and OP units

PROCACCIANTI HOTEL REIT, INC.

Board authorized distributions for K, K-I, K-T shares and Class K OP units for quarter ended September 30, 2023.
Aggregate distributions: $689,335 (K shares), $239,538 (K-I), $2,448 (K-T), $22,606 (OP units).
Daily accrual rate per share/unit is $0.001917808, reflecting a 7% annual rate.
Record date September 30, 2023; payment authorized October 30, 2023.

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