Exhibit 21.1
Subsidiaries
Procaccianti Hotel REIT, L.P. (Delaware)
Procaccianti Hotel REIT LP, LLC (Delaware)
Procaccianti Convertible Fund, LLC (51%) (Delaware)
PHR TRS I, LLC (51%) (Delaware)
PHR WNC OPCO SUB, LLC (51%) (Delaware)
PHR WNC, LLC (51%) (Delaware)
PHR STPFL OPCO SUB, LLC (51%) (Delaware)
PHR STPFL, LLC (51%) (Delaware)