| Business Summary | | MeriStar
Hospitality
Corporation
is
a
real
estate
investment
trust
that
owns
a
portfolio
of
primarily
upscale,
full-service
hotels,
diversified
geographically,
and
by
franchise
and
brand
affiliations,
in
the
United
States
and
Canada.
The
hotels
are
located
in
major
metropolitan
areas
or
rapidly
growing
secondary
markets
and
are
well
located
within
these
markets.
A
majority
of
the
hotels
are
operated
under
national
brand
names,
such
as
Hilton,
Sheraton,
Westin,
Marriott,
Radisson,
Doubletree
and
Embassy
Suites. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Meristar
Hospitality
Corp.
is
a
hotel
real
estate
investment
trust
formed
as
a
result
of
a
merger
between
CapStar
Hotel
Company
and
American
General
Hospitality
Corp.
For
the
six
months
ended
6/30/01,
revenues
totaled
$609.9
million.
Net
income
before
extraordinary
item
and
applicable
to
Common
totaled
$37.2
million.
Results
are
not
comparable
to
the
prior
period
due
to
the
full
assumption
of
MeriStar
Hotels
operations
after
a
change
in
the
leases
assignment. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Paul Whetsell, 50 Chairman
of Directors, CEO | $2.1M | Bruce Wiles, 48 Pres,
CIO | 972K | Steven Jorns, 52 Vice
Chairman | -- | John Emery, 36 COO,
Director | 1.5M | 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
|
|