| | Business Summary | | Winston
Hotels,
Inc.
(WHI)
is
a
real
estate
investment
trust
(REIT)
with
a
general
partnership
interest
in
WINN
Ltd.
Partnership.
Through
the
Partnership,
the
Company
owns
49
hotel
properties
in
12
states
having
an
aggregate
of
6,723
rooms
as
of
December
31,
2000.
The
Company's
current
hotels
are
registered
under
the
names
Hampton
Inns,
Comfort
Inns,
Homeward
Suites,
Holiday
Inns,
Courtyard
by
Marriott,
Hilton
Garden
Inns,
Quality
Suites,
Residence
Inn
and
Fairfield
Inn.
The
Company
also
owns
a
49%
ownership
interest
in
three
joint
ventures,
two
of
which
each
own
an
operating
hotel
and
a
third
which
owns
a
hotel
under
development
and
expected
to
open
in
July
2001.
The
joint
venture
hotels
consist
of
a
Hilton
Garden
Inn
located
in
Windsor,
CT,
a
Hampton
Inn
located
in
Ponte
Vedra,
FL
and
a
Hilton
Garden
Inn,
currently
under
construction,
located
in
Evanston,
IL.
The
Company
leases
47
of
the
49
current
hotels
to
CapStar
Winston
Co.
L.L.C. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Winston
Hotels,
Inc.
is
a
real
estate
investment
trust
(REIT)
in
the
business
of
acquiring
equity
interests
in
hotel
properties.
As
of
12/00,
the
Company
owned
49
hotel
properties
having
an
aggregate
of
6,723
rooms.
For
the
six
months
ended
6/30/01,
total
revenues
rose
4%
to
$21.5
million.
Net
loss
before
acct.
change
applicable
to
Common
fell
11%
to
$5.8
million.
Results
reflect
increased
earnings
from
joint
ventures
and
lower
interest
expense. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Charles Winston, 71
Chairman | -- | Robert Winston III, 39
CEO | $590K | James Rosenberg, 47
Pres,
COO and Sec. | 520K | Joseph Green, 50
Exec.
VP, CFO | 438K | Kenneth Crockett, 44
Exec.
VP - Devel. | 325K | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/w/wxh.gif)