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Home > Company Index > Leisure > Lodging > MeriStar Hotels & Resorts, Inc.

MeriStar Hotels & Resorts, Inc.
NYSE: MMH
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 PROFILE
MeriStar Hotels & Resorts leases and manages more than 215 hotels and resorts throughout Canada and the US. About half the company's locations are owned by MeriStar Hospitality, an affiliated real estate investment trust (REIT) that has agreed to be purchased by FelCor Lodging Trust. The company also leases and manages almost a dozen golf courses. MeriStar focuses on upscale, full-service, and limited-service hotels including most of the top North American brands, such as Hilton, Holiday Inn, and Sheraton. The company's BridgeStreet Accommodations unit offers about 3,200 corporate extended stay apartments. Texas tycoon Robert Bass' Keystone, Inc., investment firm owns almost 18% of the company.

 COMPETITION
Hilton Hotels Corporation (HLT)
Six Continents Hotels, Inc. (dossier)
Starwood Hotels & Resorts Worldwide, Inc. (HOT)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,411.60
1-Yr. Sales Growth: 9.2%
Employees: 27,500
Revenue per employee: $51,330.91

 KEY PEOPLE
• Paul W. Whetsell
    CEO
• John Emery
    CFO

 CONTACT INFO
1010 Wisconsin Ave. NW
Washington, DC 20007
US
Phone: 202-965-4455
Fax: 202-295-2187
Online: Web Site

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