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Home > Company Index > Real Estate > REIT - Hotel/Motel > MeriStar Hospitality Corporation
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MeriStar Hospitality Corporation |
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NEWS FROM THE WIRES |
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FelCor second-qtr FFO down as room occupancy drops Aug 08 2001 04:15 PM PDT
FelCor gets standby loan facility for MeriStar merger Jul 13 2001 05:56 PM PDT
> More WIRE STORIES about this company
PROFILE |
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MeriStar Hospitality is a real estate investment trust (REIT) that owns hotels and resorts in 27 states, as well as Canada. The REIT owns about 115 full-service hotels with almost 30,000 rooms. Through a "paper clip" arrangement, nearly all the company's hotels are leased and operated by sister company MeriStar Hotels & Resorts. The firm's hotels bear such names as Hilton, Sheraton, Westin, Marriott, Embassy Suites, and Doubletree and are located in most major US cities and such resort areas as Sanibel Island, Florida. The firm is being bought by FelCor Lodging Trust, but the hotels will maintain their relationship with MeriStar Hotels & Resorts.
COMPETITION |
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FelCor Lodging Trust Incorporated (FCH)
Glenborough Realty Trust Incorporated (GLB)
Six Continents Hotels, Inc. (dossier)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 400.80
1-Yr. Sales Growth: 6.9%
Employees: 27,500
Revenue per employee: $14,574.55
KEY PEOPLE |
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Paul W. Whetsell
CEO
John Emery
CFO
CONTACT INFO |
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1010 Wisconsin Ave. NW
Washington, DC 20007
US
Phone: 202-295-1000
Fax: 202-295-2187
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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