| | Business Summary | | Interstate
Hotels
Corporation
is
an
independent
hotel
management
company.
At
December
31,
2000,
the
Company
managed,
leased
or
performed
related
services
for
160
hotels
with
a
total
of
31,167
rooms
in
38
states
in
the
United
States,
as
well
as
in
Canada,
the
Caribbean
and
Russia.
The
Company
operates
these
hotels
under
a
variety
of
major
brand
names,
including
AmeriSuites,
Best
Western,
Colony,
Comfort
Inn,
Courtyard
by
Marriott,
Embassy
Suites,
Fairfield
Inn
by
Marriott,
Hampton
Inn,
Hilton,
Holiday
Inn,
Homewood
Suites,
Marriott,
Radisson,
Renaissance,
Residence
Inn
by
Marriott,
Sheraton
and
Westin. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Interstate
Hotels
Corp.
(New)
is
an
independent
hotel
management
company.
The
company
owns
55%
of
Interstate
Hotels,
LLC
which
operates
158
hotels
containing
29,379
rooms
in
the
United
States,
Canada,
the
Caribbean
and
Russia.
For
the
six
months
ended
6/30/01,
revenues
fell
81%
to
$23.3
million.
Net
loss
applicable
to
Common
fell
59%
to
$542
thousand.
Results
reflect
the
termination
of
the
Equity
Inns
lease
agreement,
offset
by
lower
lease
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Hewitt, 57
Chairman,
CEO | $1.7M | Kevin Kilkeary, 49
Pres,
COO | 848K | J. William Richardson, 53
Vice
Chairman, CFO | 1.5M | Glyn Aeppel, 42
Exec.
VP, Bus. Devel. and Acquisitions | -- | Henry Ciaffone, 60
Exec.
VP, International Operations and Devel. | 688K | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/i/ihco.gif)