| Business Summary | | Boykin
Lodging
Company
is
a
real
estate
investment
trust
that,
as
of
March
16,
2001,
owned
interests
in
32
hotels
throughout
the
United
States
and
leases
its
properties
to
established
hotel
operators.
Boykin
Lodging
Company
was
formed
to
continue
and
expand
the
41-year
history
of
hotel
ownership,
acquisition,
redevelopment
and
repositioning
activities
of
its
predecessors,
Boykin
Management
Company
and
its
affiliates.
The
Company's
hotel
portfolio
includes
30
full-service
hotels
and
two
limited-service
hotels,
all
of
which
compete
in
the
upscale
to
moderate
price
segment
of
the
hospitality
market.
The
Company's
hotels
are
operated
under
franchise
license
agreements
with
premier
nationally
recognized
hotel
chains,
including:
DoubleTree;
Marriott;
Radisson;
Hilton;
Holiday
Inn;
Quality
Suites;
Hampton
Inns.
The
Company's
French
Lick
Springs
Resort
in
French
Lick,
Indiana
operates
as
an
independent
hotel.
Hilton
Hotel
Corporation
manages
the
Company's
portfolio
of
ten
Doubletree
hotels. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Boykin
Lodging
Company
is
a
real
estate
investment
trust
(REIT)
that
owns
hotels
throughout
the
United
States
and
leases
its
properties
to
established
hotel
operators.
For
the
six
months
ended
6/30/01,
revenues
fell
less
than
1%
to
$37
million.
Net
income
before
acct.
change
totalled
$1.1
million,
vs.
a
loss
of
$459
thousand.
Revenues
reflect
the
slowing
economy
and
the
sale
of
Daytona
Beach
Resort
in
January
2001.
Earnings
were
offset
by
decreased
depreciation
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Boykin, 51 Chairman,
CEO | $1.1M | Richard Conti, 50 Pres,
COO | 659K | Paul O'Neil, 43 CFO
and Treasurer | 377K | Andrew Alexander, 37 Sr.
VP, Gen. Counsel | -- | Mark Bishop, 41 Sr.
VP -- Devel. | 383K | 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
|
|