Registered as a self-administered REIT, the business focuses on upper midscale and upscale, extended stay, select-service hotels. The portfolio of the company includes 40 hotel properties that are located in 20 states. These properties are operated by third-party management companies and are marketed under different national and international brand names, including Hilton, InterContinental, Hotels Group, Marriott, Wyndham and Choice. These properties are concentrated in metropolitan areas in Texas, Florida and in Georgia.
There are two operating subsidiaries of the business: E&P REIT Trust and Supertel Hospitality REIT Trust. The business holds its corporate office in Norfolk, Nebraska. It remains publicly traded on the NASDAQ where it markets its common shares using their new ticker symbol, CDOR.