| Business Summary | | Suburban
Lodges
of
America,
Inc.
develops,
owns,
manages
and
franchises
Suburban
Lodge
hotels,
which
are
limited-service
extended-stay
hotels
designed
to
appeal
to
value-conscious
guests.
In
addition,
the
Company
franchises
GuestHouse
International
Inns,
Hotels
and
Suites,
which
are
mid-market
traditional
nightly
hotels.
Suburban
Lodge
guest
rooms
are
fully
furnished
and
include
a
combination
living
room
and
bedroom,
a
bathroom
and
a
fully
equipped
kitchenette.
Weekly
maid
and
linen
services,
access
to
cable
or
satellite
television
and
coin-operated
laundromats
are
also
provided
to
allow
guests
to
stay
comfortably
for
extended
periods.
The
GuestHouse
International
brand
includes
a
diverse
group
of
mid-market
inns,
hotels
and
suite
hotels.
With
a
variety
of
property
types
and
locations,
GuestHouse
International
appeals
to
a
broad
base
of
guests,
most
of
who
stay
for
one
to
three
nights. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Suburban
Lodges
of
America,
Inc.
and
its
subsidiaries
own,
operate,
grant
franchise
rights
to
and
manage
for
third
parties
extended-stay
hotels.
SLAM
has
been
ranked
as
the
12th
largest
economy
hotel
brand
name
in
the
U.S.
For
the
six
months
ended
6/30/01,
revenues
rose
6%
to
$38.6
million.
Net
loss
totalled
$10.8
million
vs.
an
income
of
$2.7
million.
Results
reflect
increased
hotel
and
franchise
revenues,
offset
by
increased
long-lived
assets
impairment
cost. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Krischer, 52 Chairman,
CEO | $495K | Gregory Plank, 54 Pres | 230K | Paul Criscillis, Jr., 51 CFO,
VP | 231K | Dan Berman, 36 VP
of Franchising | 192K | Robert Schnelle, 51 VP,
Treasurer, Assistant Sec. | -- | 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
|
|