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Obj. Due: December 27, 2011 4:00 p.m.

UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF NEW YORK ) ) ) ) ) ) )

In re: INNKEEPERS USA TRUST, et al., Debtors.

Chapter 11 Case No. 10-13800(SCC) Jointly Administered

NOTICE OF FILING BY AP SERVICES, LLC OF FINAL REPORT OF COMPENSATION EARNED AND EXPENSES INCURRED FOR THE PERIOD FROM AUGUST 1, 2011 THROUGH OCTOBER 27, 2011 In accordance with the Final Order Under 11 U.S.C. 105 and 363 Authorizing the Employment of AP Services, LLC (APS) as crisis managers for the Debtors (Docket No. 192), pursuant to the terms of the engagement letter dated June 5, 2010 and appointing Nathan Cook as Interim Chief Financial Officer; notice is hereby given that APS has filed a final report of compensation earned and expenses incurred for the period of August 1, 2011 through October 27, 2011. Objections, if any, are due on or before 4:00 p.m. on December 27, 2011. At the same time, you must also serve a copy of the response on APS. A HEARING WILL BE HELD, only if an objection is timely filed and served, before the Honorable Shelly C. Chapman, U.S. Bankruptcy Judge, Alexander Hamilton Custom House, One Bowling Green, New York, NY 10004, at a date and time to be scheduled by the Court.

Dated: December 12, 2011

/s/ Nathan Cook Nathan Cook AP Services, LLC

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UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF NEW YORK

In re INNKEEPERS USA TRUST, et al., Debtors.

) ) ) ) ) ) )

Chapter 11 Case No. 10-13800(SCC) Jointly Administered

FINAL REPORT BY AP SERVICES, LLC OF COMPENSATION EARNED AND EXPENSES INCURRED FOR THE PERIOD FROM AUGUST 1, 2011 THROUGH OCTOBER 27, 2011

Exhibit A Summary of Compensation and Expenses Exhibit B Summary of Professionals and Fees Exhibit C Summary of Expenses Exhibit D Summary of Services Exhibit E Detailed Time Entries for the period of August 1, 2011 through October 27, 2011 (to be served upon the Office of the U.S. Trustee. Available for review upon request by other parties.)

Dated: December 12, 2011

/s/ Nathan Cook Nathan Cook AP Services, LLC

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Main Document Exhibit A

AP Services, LLC Summary of Compensation and Expenses InnKeepers USA Trust, et al. August 1, 2011 through October 27, 2011

Period August 1, 2011 to August 31, 2011 $ September 1, 2011 to September 30, 2011 October 1, 2011 to October 27, 2011 Total Accrued $ Less: CFO Adjustment Total Invoiced $

Fees 630,417.00 $ 527,777.50 474,083.50 1,632,278.00 $ (639.90) 1,631,638.10 $

Expenses 29,868.23 18,215.89 34,055.73 82,139.85 82,139.85

$ $

TOTAL 660,285.23 545,993.39 508,139.23 1,714,417.85 (639.90) 1,713,777.95

AP Services may determine, from time to time, to augment its professional staff with independent contractors (each an Independent

Contractor) in these chapter 11 cases. AP Services standard practice is to charge for an Independent Contractors services at the AP Services rate for a professional of comparable skill and experience, which rate typically exceeds the compensation provided by AP Service to such Independent Contractor. AP Services did not use I/Cs during this Compensation Period.

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Main Document Exhibit B

AP Services, LLC Summary of Professionals and Fees InnKeepers USA Trust, et al. August 1, 2011 through October 27, 2011

Name of Professional Nathan Cook

Temporary Employees - Individuals With Executive Officer Positions Description Hourly Total of Function Rate 2011 Aug-11 Sep-11 Oct-11 Total Hours Compensation Chief Financial Officer $ 740.00 137.20 120.00 136.20 393.40 291,116.00 CFO Adjustment (1,528.00) 11,200.00 (10,311.90) (639.90) $ 290,476.10 Additional Temporary Staff Employees - Full-Time Description Hourly of Function Rate 2011 Aug-11 Sep-11 Litigation e-Discovery $ 790.00 1.25 Bankruptcy Administration $ 790.00 106.00 78.60 Bankruptcy Communications $ 740.00 1.50 Cash Management and Reporting $ 645.00 205.90 155.30 Bankruptcy Administration $ 645.00 187.00 143.80 Litigation e-Discovery $ 645.00 8.00 Litigation e-Discovery $ 645.00 7.00 Disbursing Agent/Liquidating Trust $ 645.00 19.60 PIP Program Management $ 600.00 202.60 180.20 Disbursing Agent/Liquidating Trust $ 490.00 7.10 23.10 Litigation e-Discovery $ 490.00 4.75 Disbursing Agent/Liquidating Trust $ 415.00 17.50 Litigation e-Discovery $ 295.00 12.00 Bankruptcy Administration $ 290.00 157.50 165.50 904.70 779.50 1041.90 899.50

Name of Professional Matthew Cohen Todd Brents Michelle C Campbell Kurt J Beckeman Adam Sanderson Sean Renshaw Allan Hsu Bryan K Porter Raymond J Adams Connie McKenzie Brent Roberson Kimberly Cote Kristina Borkowski Krishnan Ramachandran

Total Oct-11 Total Hours Compensation 1.00 2.25 1,777.50 89.20 273.80 216,302.00 1.50 1,110.00 190.80 552.00 356,040.00 97.70 428.50 276,382.50 8.00 5,160.00 7.00 4,515.00 19.60 12,642.00 171.20 554.00 332,400.00 14.70 44.90 22,001.00 4.75 2,327.50 17.50 7,262.50 12.00 3,540.00 20.80 343.80 99,702.00 585.40 2,267.35 $ 1,341,162.00 721.60 2,267.35 $ 1,631,638.10

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Main Document Exhibit C

AP Services, LLC Summary of Expenses InnKeepers USA Trust, et al. August 1, 2011 through October 27, 2011

Expense Categories Airfare Cab Fare / Ground Transportation Lodging Meals & Tips Other Parking & Tolls/Gas Postage/Messenger/Courier Rental Car TOTAL

August-11 September-11 October-11 $ 15,292.45 $ 6,810.23 $ 14,528.34 980.42 562.71 1,546.57 4,482.39 5,551.93 11,548.47 2,605.49 1,814.20 2,352.99 770.00 1,413.24 1,042.66 1,600.39 1,483.21 3,611.03 1,664.16 2,478.97 $ 29,868.23 $ 18,215.89 $ 34,055.73

TOTAL $ 36,631.02 $ 3,089.70 $ 21,582.79 $ 6,772.68 $ 770.00 $ 4,056.29 $ 1,483.21 $ 7,754.16 $ 82,139.85

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Main Document Exhibit D

AP Services, LLC Summary of Services InnKeepers USA Trust, et al. August 1, 2011 through October 27, 2011

Interim CFO and Consulting Services Led the Debtors finance and treasury functions. Developed and implemented cash management strategies, tactics, processes, and related reporting. Led the preparation of and monitored financial performance reports for internal and external use, including, among other things, monthly financial statements, and management and board reporting packages. Assisted in communication and negotiation with outside constituents including lenders, shareholders, prospective investors, and their respective advisors. Primary responsibility for the preparation of regular reports and information required by the Bankruptcy Court and the Debtors stakeholders. Coordinated and responded to due diligence and information requests from the Debtors constituents. Assisted in the preparation of funding draw requests and related lender diligence requests with respect to the Companys two Debtor-in-Possession (DIP) credit facilities in excess of $70 million. Led the preparation of Product Improvement Program (PIP) Flash Reports and budget variance tracking. Assisted in the review of financial and accounting issues contained within various filings with the Bankruptcy Court.

Reviewed and approved Purchase Orders for PIPs and other capital expenditures. Assisted in the close process associated with the sale of the Debtors hotels.

Bankruptcy Administration Assisted the Debtors in implementing authority received under First Day Motions and developed procedures for tracking activities. Assisted the Debtors in accounting for and executing cutoff and segregation of prepetition liabilities.

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AP Services, LLC Summary of Services InnKeepers USA Trust, et al. August 1, 2011 through October 27, 2011 Assisted the Debtors in the preparation and filing of Monthly Operating Reports and periodic Rule 2015 filings. Provided data and analytical support to claims agent for issues relating to filed claims, scheduled claims, creditor address information, and noticing. Assisted field and corporate locations in responding to inquiries and actions from vendors associated with the filing and cessation of pre-petition payments. Responded to inquiries and motions from vendors regarding PACA and 503(b)(9) claims. Assisted the Debtors in responding to and managing adequate assurance payments with utilities. Performed claims analysis of over 1,900 filed claims, enabling the creation of claims estimates by Debtors and by classification. Created claims objections for 9 Omnibus Objections filed or to be filed. Negotiated resolution of disputed claims with creditors and supported settlement approvals. Supported Plan of Reorganization approval, including solicitation and responses to objections. Developed post-effective date operating structure and facilitated transition of hotel sale closings.

Accounting Finance Led the development and maintenance of cash reports required pursuant to the Cash Collateral Order, including, but not limited to, 13-week cash forecasts, variance reports, flash reports, and application reports. Assisted the Debtors in the development of budgets and tracking procedures for PIPs at hotels.

Assisted in the approval process of Purchase Order Requests for PIPs. Assisted in the development of budgets and tracking procedures for TV (LCD/HDTV) purchases for non-PIP properties.

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AP Services, LLC Summary of Services InnKeepers USA Trust, et al. August 1, 2011 through October 27, 2011 Assisted in communication initiatives with Providers of Free-to-Guest (FTG) and PayPer-View (PPV). Assisted in the preparation and review of draw requests pursuant to the Debtors two DIP facilities. Assisted in the review of weekly check runs to ensure adherence to Bankruptcy Court orders. Assisted in the monitoring of cash disbursements to ensure adherence to managements cash budget. Ensured adherence to credit agreement covenants and other requirements, and prepared related covenant tests. Reviewed professional fee and expense invoices, and monitored payments. Assisted company in preparing closing information in relation to asset and entity transactions. Prepared monthly reporting packages for debt holders, management and board of directors.

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Main Document Exhibit E

AP Services, LLC Detailed Time Entries InnKeepers USA Trust, et al. August 1, 2011 through October 27, 2011

Detailed time entries for the period August 1, 2011 through October 27, 2011 will be served upon the Office of the U.S. Trustee. These are available for review upon request by other parties.