| Business Summary | | John
Q.
Hammons
Hotels
Inc.
is
an
independent
owner,
manager
and
developer
of
affordable
upscale
hotels
in
capital
city,
secondary
and
airport
markets.
The
Company
owns
47
hotels
located
in
20
states,
containing
11,633
guestrooms
or
suites
(the
Owned
Hotels),
including
two
new
hotels
opened
in
2000.
The
Company
also
manages
six
additional
hotels
located
in
three
states,
containing
1,356
guestrooms
(the
Managed
Hotels).
The
Company's
Owned
Hotels
and
Managed
Hotels
(together,
the
JQH
Hotels)
operate
primarily
under
the
Holiday
Inn
and
Embassy
Suites
trade
names.
The
JQH
Hotels
are
designed
to
appeal
to
a
broad
range
of
hotel
customers,
including
frequent
business
travelers,
groups
and
conventions,
as
well
as
leisure
travelers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | John
Q.
Hammons
Hotels
owns,
manages
and
develops
affordable
upscale
hotels
in
capital
city,
secondary
and
airport
market
areas.
JQH
owns
and
manages
47
hotels
in
20
states.
For
the
six
months
ended
6/29/01,
revenues
increased
6%
to
$232.3
million.
Net
income
before
extraordinary
items
totalled
$929
thousand,
up
from
$88
thousand.
Revenues
reflect
higher
occupancy
and
increased
number
of
hotels
in
operations.
Earnings
also
reflect
increased
interest
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Hammons, 82 Chairman
and CEO | $412K | Lou Weckstein Pres | -- | Paul Muellner, 44 CFO | 189K | Pat Shivers Sr.
VP, Controller | -- | Steven Minton Sr.
VP of Architecture | 197K | Dollar amounts are as of 29-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
|
|