Hearing Date: November 10, 2010 at 10:00 a.m.

(Prevailing Eastern Time) Objection Deadline: November 5, 2010 at 4:00 p.m. (Prevailing Eastern Time)

MORRISON & FOERSTER LLP 1290 Avenue of the Americas New York, New York 10104 Telephone: (212) 468-8000 Facsimile: (212) 468-7900 Brett H. Miller Lorenzo Marinuzzi Jordan A. Wishnew Counsel for the Official Committee of Unsecured Creditors of Innkeepers USA Trust, et al. UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK In re Innkeepers USA Trust, et al., Debtors. ) ) ) ) ) ) ) Chapter 11 10-13800 (SCC) Jointly Administered

STATEMENT OF THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS IN SUPPORT OF DEBTORS MOTION FOR ENTRY OF AN ORDER EXTENDING THE EXCLUSIVE PERIODS DURING WHICH ONLY THE DEBTORS MAY FILE A CHAPTER 11 PLAN AND SOLICIT ACCEPTANCES THEREOF AND OMNIBUS OBJECTION TO MOTIONS TO TERMINATE EXCLUSIVITY The Official Committee of Unsecured Creditors (the Committee) of Innkeepers USA Trust and certain of its direct and indirect subsidiaries in the above-captioned chapter 11 cases, as debtors and debtors in possession (collectively, the Debtors), by its counsel, Morrison & Foerster LLP, hereby submits this statement (the Statement) in support of the Debtors Motion for Entry of an Order Extending the Exclusive Periods During Which Only the Debtors May File

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a Chapter 11 Plan and Solicit Acceptances Thereof and Omnibus Objection to Motions to Terminate Exclusivity [Dkt. No. 610] (the Motion).1 As the Committee previously stated in response to motions by certain creditors to terminate the Debtors exclusivity,2 the Committee believes that the interests of all parties will be best served by maintaining the Debtors exclusive plan and solicitation rights for a reasonable period of time. By doing so, the Debtors will have sufficient time to both conduct a marketing process of their assets and to develop a plan that will maximize the value of the Debtors estates for the benefit of all creditors. The Committee recognizes and understands that the Debtors numerous creditor constituencies are frustrated with the current state of affairs and desire that the Debtors move more quickly towards structuring a reorganization plan. The Committee shares these sentiments but does not believe the estates will benefit from the chaos that would be created by terminating the Debtors exclusivity at this point. To be clear, the Committees support is premised on the Debtors commitment to promptly implement an open, fair, and transparent marketing process of their assets, which promotes and encourages the active participation of all constituencies in the development of a plan that maximizes value for all creditors. WHEREFORE, for the foregoing reasons, the Committee respectfully requests that this Court enter an order granting the Motion, and granting such additional relief as is just and proper.

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Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Motion.

See Objection of the Official Committee of Unsecured Creditors to the Motions of (A) Midland Loan Services, Inc. and (B) Wells Fargo Bank, N.A. and U.S. Bank National Association to Terminate Exclusivity [Dkt. No. 605].

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Dated: November 5, 2010 New York, New York

Respectfully submitted, /s/ Lorenzo Marinuzzi MORRISON & FOERSTER LLP Brett H. Miller Lorenzo Marinuzzi Jordan A. Wishnew 1290 Avenue of the Americas New York, NY 10104 Telephone: (212) 468-8000 Facsimile: (212) 468-7900 Counsel for the Official Committee of Unsecured Creditors of Innkeepers USA Trust, et al.

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