Procaccianti Hotel REIT authorizes $952,288 in distributions for Q3 2024

PROCACCIANTI HOTEL REIT, INC.

Board authorized $685,731 for K Shares, $244,012 for K-I Shares, and $1 for K-T Shares as accrued distributions.
Class K OP Unit distributions of $22,544 authorized for Affiliate Sellers.
Accrual rate of 7% per annum equates to $0.0019125683 per share per day for all classes.
Record date for distribution is September 30, 2024; payment authorized from legally available funds.

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