| Business Summary | | Jameson
Inns,
Inc.
is
a
self-administered
real
estate
investment
trust.
The
Company
develops
and
owns
limited
service
hotel
properties
(Inns)
in
the
southeastern
United
States
under
the
trademark
"The
Jameson
Inn."
In
addition,
the
Company
owns
Inns
in
the
midwestern
United
States
operating
under
the
trademark
"Signature
Inn."
Jameson
focuses
on
developing
Inns
in
communities
that
have
a
strong
and
growing
industrial
or
commercial
base
and
a
shortage
of
quality
hotel
rooms.
Generally,
the
Company's
Inns
are
rooms-only
facilities
designed
to
appeal
to
price
and
quality
conscious
travelers.
The
Company's
target
customers
are
business
travelers,
such
as
sales
representatives
and
government
employees,
as
well
as
families
and
leisure
travelers
attending
events
in
the
Company's
markets,
such
as
college
or
cultural
gatherings,
fairs,
festivals
and
family
reunions. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Jameson
Inns,
Inc.
develops
and
owns
limited
service
hotel
properties
operating
under
The
Jameson
Inn
and
The
Signature
Inn
in
Southern
U.S.
For
the
six
months
ended
6/30/01,
revenues
rose
8%
to
$22.4
million.
Net
loss
before
extraordinary
item
and
applicable
to
Common
totaled
$3
million
vs.
an
income
of
$1.2
million.
Results
reflect
the
opening
of
new
Jameson
Inn
properties,
offset
by
increased
interest
expenses
as
a
result
of
higher
level
of
indebtness. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Kitchin, 59 Chairman,
CEO | $812K | Craig Kitchin, 33 Pres,
CFO | -- | Steven Curlee, 49 VP
- Legal, Gen. Counsel and Sec. | -- | William Walker, 47 VP
- Devel. | -- | Martin Brew, 40 Controller,
Treasurer | -- | 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
|
|