[LODGIAN LOGO]                                                     Exhibit 99.1


For Immediate Release
Contact:
Richard Cartoon                                Jerry Daly, Carol McCune (media)
Executive Vice President & CFO                 Daly Gray Public Relations
(404) 365-3823                                 (703) 435-6293


                                  Second Draft
              LODGIAN ANNOUNCES LISTING ON AMERICAN STOCK EXCHANGE


         ATLANTA, January 28, 2003--Lodgian, Inc., one of the nation's largest
owners and operators of mid-scale and upscale hotels, today announced that the
company's new common and preferred stocks have been approved for listing on the
American Stock Exchange. Trading will commence on Tuesday, January 28, 2003,
under the symbols LGN and LGN.Pr, respectively.

         Lodgian, based in Atlanta, emerged from bankruptcy in November 2002.
Prior to its bankruptcy filing, its stock was listed on the New York Stock
Exchange under the symbol LOD. Additional information about the company may be
found at the company's Web site: www.lodgian.com.

         In addition to historical information, this press release contains
forward-looking statements based on current expectations, estimates and
projections about the industry and markets in which Lodgian operates, as well
as management's and third parties' current expectations, estimates and
projections. Forward-looking statements are not guarantees of future
performance and involve certain risks and uncertainties, which may cause the
company's actual results to differ materially. These statements involve risks
and uncertainties including, but not limited to, the company's ability to
generate sufficient working capital from operations and other risks detailed
from time to time in the Company's SEC filings. The company undertakes no
obligation to update events to reflect changed assumptions, the occurrence of
unanticipated events or changes to future results over time.


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