| Business Summary | | Innkeepers
USA
Trust
is
a
self-administered
real
estate
investment
trust.
Innkeepers
owns
interests
in
67
hotels
with
an
aggregate
of
8,131
rooms/suites
through
its
general
partnership
interest
in
Innkeepers
USA
Limited
Partnership.
The
Company
currently
owns
45
Residence
Inn
by
Marriott
hotels,
one
Courtyard
by
Marriott
hotel
and
one
TownePlace
Suites
by
Marriott
hotel.
Marriott's
management
of
Company-owned
Hotels
enables
the
Company
to
realize
the
benefits
of
Marriott's
resources
and
hotel
operations
experience.
The
Company
currently
owns
seven
Summerfield-brand
hotels,
all
of
which
are
leased
and
managed
by
subsidiaries
of
Wyndham
International,
Inc.,
the
owner
of
the
Summerfield
Suites
brand. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | KPA
is
a
self-administered
Maryland
real
estate
investment
trust
which
specializes
in
the
ownership
of
premier
upscale,
extended-stay
hotels.
As
of
12/00,
the
Co.
owned
67
hotels.
For
the
six
months
ended
6/30/01,
revenues
fell
less
than
1%
to
$35.6
million.
Net
loss
before
extraordinary
item
and
applicable
to
Common
rose
3%
to
$9.5
million.
Revenues
reflect
the
decline
in
RevPAR
of
1.6%.
Higher
loss
reflects
an
increase
in
depreciation
and
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jeffrey Fisher, 45 Chairman,
Pres, CEO, Trustee | $843K | David Bulger, 45 CFO
and Treasurer | 439K | Gregory Fay, 45 VP
of Accounting | 442K | Mark Murphy, 45 Gen.
Counsel and Sec. | 442K | 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
|
|