| Business Summary | | Janus
Hotels
and
Resorts,
Inc.
is
in
the
business
of
operating
and
managing
hotels.
The
Company
has
ownership
interests
in
15
hotels
(the
Owned
Hotels)
and
manages
an
additional
37
hotels
(the
Managed
Hotels).
The
Owned
Hotels
are
located
in
five
states
and
operate
under
franchise
or
membership
agreements
that
provide
for
the
use
of
the
brand
names
Days
Inn,
Best
Western,
Knights
Inn,
Holiday
Inn
and
Comfort
Inn.
One
of
the
Owned
Hotels
is
located
adjacent
to
the
Paramount
Kings
Dominion
amusement
park
near
Richmond,
Virginia.
The
remaining
Owned
Hotels
are
located
near
office
parks,
interstate
highways,
airports
or
tourist
attractions
in
Ohio,
Florida,
Indiana
and
North
Carolina.
The
Company
operates
the
Managed
Hotels
pursuant
to
management
agreements
with
the
owners
of
such
Managed
Hotels.
Managed
Hotels
are
operated
primarily
under
nationally
recognized
brand
names.
Four
Managed
Hotels
are
non-franchised
properties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Janus
Hotels
and
Resorts
Inc.
is
engaged
in
the
business
of
management
and
ownership
of
hospitality
properties.
The
Company
owns
15
hotels
and
manages
37
hotels.
For
the
six
months
ended
6/30/01,
revenues
decreased
10%
to
$22
million.
Net
loss
from
continuing
opts.
and
applicable
to
Common
rose
from
$124
thousand
to
$1.2
million.
Revenues
reflect
a
decline
in
business
in
the
Cleveland
area
and
lower
catering
sales.
Higher
loss
reflects
higher
occupancy
and
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Louis Beck, 55 Chairman,
CEO | $277K | Michael Nanosky, 42 Pres,
Director | 263K | Harry Yeaggy, 55 Vice
Chairman | 178K | Richard Tonges, 45 Treasurer,
VP | 175K | 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
|
|