On October 28, 2009, MHI Hospitality Corporation announced that the Registration Statement filed for its previously announced rights offering was declared effective by the Securities and Exchange Commission. A copy of the press release announcing the effectiveness of the Registration Statement is included as Exhibit 99.1 to this Form 8-K report and is incorporated herein by reference.

The information contained in this Form 8-K, including the exhibit attached hereto, are provided pursuant to Item 7.01 of Form 8-K and shall not be deemed "filed" hereunder for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

(d) Exhibits

99.1    Press release by MHI Hospitality Corporation announcing effectiveness of
        Registration Statement for its previously announced rights offering dated
        October 28, 2009.