Common use of Relative TSR Peer Companies Clause in Contracts

Relative TSR Peer Companies. The applicable Relative TSR Multiplier shall be as set forth in the table in Section 2.1(b) below (with straight line interpolation for achievement between the Company’s Percentile Rankings (above 30) set forth below), based on the Company’s percentile ranking determined by comparing the Company’s Total Stockholder Return realized over the First Year Period, the Performance Period, or the Shortened Performance Period, as applicable, to the Total Stockholder Return realized over the First Year Period, the Performance Period, or the Shortened Performance Period, as applicable, by each of the following peer companies: (i) DiamondRock Hospitality Company, (ii) Park Hotels & Resorts, Inc., (iii) Hersha Hospitality Trust, (iv) Host Hotels and Resorts Inc., (v) Pebblebrook Hotel Trust, (vi) RLJ Lodging Trust, (vii) Sunstone Hotel Investors, Inc., and (viii) Xenia Hotels and Resorts, Inc. (collectively, the “Peer Group Companies,” subject to adjustment pursuant to Section 2.4 below). For purposes of clarity, the Company’s performance will be compared to that of the peers (using the percent rank function in Microsoft Excel), with the Company’s performance included in the calculation of peer company performance (i.e., Company performance vs. peers). (b) Relative TSR Multiplier. Company’s Percentile Ranking Relative TSR Multiplier 0 - less than 30 0 30 0.50 50 1.00 70 or greater 2.00

Relative TSR Peer Companies. The applicable Relative TSR Multiplier shall be as set forth in the table in Section 2.1(b3.1(b) below (with straight line interpolation for achievement between the Company’s Percentile Rankings (above 30) Relative TSR Multipliers set forth below), based on the Company’s percentile ranking determined by comparing the Company’s Total Stockholder Return realized over the First Year Period, the Performance Period, Period or the Shortened Performance Period, as applicable, to the Total Stockholder Return realized over the First Year Period, the Performance Period, Period or the Shortened Performance Period, as applicable, by each of the following peer companies: (i) Chesapeake Lodging Trust, (ii) DiamondRock Hospitality Company, (iiiii) Park Hotels & Resorts, FelCor Lodging Trust Inc., (iiiiv) Hersha Hospitality Trust, (ivv) Host Hotels and Resorts Inc., (vvi) LaSalle Hotel Properties, (vii) Pebblebrook Hotel Trust, (viviii) RLJ Lodging Trust, (viiix) Sunstone Hotel Investors, Inc., and (viiix) Xenia Hotels and Resorts, Inc. (collectively, the “Peer Group Companies,” subject to adjustment pursuant to Section 2.4 3.4 below). For purposes of clarity, the Company’s performance will be compared to that of the peers (using the percent rank function in Microsoft Excel), with the Company’s performance included in the calculation of peer company performance (i.e., Company performance vs. peers). (b) Relative TSR Multiplier. Company’s Percentile Ranking Relative TSR Multiplier 0 - less than 30 0 30 0.50 50 1.00 70 or greater 2.00.

Relative TSR Peer Companies. The applicable Relative TSR Multiplier shall be as set forth in the table in Section 2.1(b) below (with straight line interpolation for achievement between the Company’s Percentile Rankings (above 30) Relative TSR Multipliers set forth below), based on the Company’s percentile ranking determined by comparing the Company’s Total Stockholder Return realized over the First Year Period, the Performance Period, Period or the Shortened Performance Period, as applicable, to the Total Stockholder Return realized over the First Year Period, the Performance Period, Period or the Shortened Performance Period, as applicable, by each of the following peer companies: (i) Chesapeake Lodging Trust, (ii) DiamondRock Hospitality Company, (iiiii) Park Hotels & Resorts, FelCor Lodging Trust Inc., (iiiiv) Hersha Hospitality Trust, (ivv) Host Hotels and Resorts Inc., (vvi) LaSalle Hotel Properties, (vii) Pebblebrook Hotel Trust, (viviii) RLJ Lodging Trust, (viiix) Sunstone Hotel Investors, Inc., and (viiix) Xenia Hotels and Resorts, Inc. (collectively, the “Peer Group Companies,” subject to adjustment pursuant to Section 2.4 2.4, below). For purposes of clarity, the Company’s performance will be compared to that of the peers (using the percent rank function in Microsoft Excel), with the Company’s performance included in the calculation of peer company performance (i.e., Company performance vs. peers). (b) Relative TSR Multiplier. Company’s Percentile Ranking Relative TSR Multiplier 0 - less than 30 0 30 0.50 50 1.00 70 or greater 2.00.

Relative TSR Peer Companies. The applicable Relative TSR Multiplier shall be as set forth in the table in Section 2.1(b) below (with straight line interpolation for achievement between the Company’s Percentile Rankings (above 30) set forth below), based on the Company’s percentile ranking determined by comparing the Company’s Total Stockholder Return realized over the First Year Period, the Performance Period, or the Shortened Performance Period, as applicable, to the Total Stockholder Return realized over the First Year Period, the Performance Period, or the Shortened Performance Period, as applicable, by each of the following peer companies: (i) DiamondRock Hospitality Company, (ii) Park Hotels & Resorts, Inc., (iii) Hersha Hospitality Trust, (iv) Host Hotels and Resorts Inc., (v) Pebblebrook Hotel Trust, (vi) RLJ Lodging Trust, (vii) Sunstone Hotel Investors, Inc., and (viii) Xenia Hotels and Resorts, Inc. (collectively, the “Peer Group Companies,” subject to adjustment pursuant to Section 2.4 2.4, below). For purposes of clarity, the Company’s performance will be compared to that of the peers (using the percent rank function in Microsoft Excel), with the Company’s performance included in the calculation of peer company performance (i.e., Company performance vs. peers). (b) Relative TSR Multiplier. Company’s Percentile Ranking Relative TSR Multiplier 0 - less than 30 0 30 0.50 50 1.00 70 or greater 2.00