John Q. Hammons (AMEX:JQH)
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From Jul 2019 to Jul 2024
John Q. Hammons Hotels, Inc. Sells Bakersfield Hotel and
Conference Center
SPRINGFIELD, Mo., Aug. 19 /PRNewswire-FirstCall/ -- John Q. Hammons Hotels,
Inc. (AMEX:JQH) announced today it has sold the Holiday Inn Select Bakersfield
Hotel and Conference Center, located in Bakersfield, Calif. The property,
owned and operated by John Q. Hammons Hotels, Inc., was sold to Newport
Hospitality Group, Inc. of Newport Beach, Calif.
Located at 801 Truxtun Ave., the nine-story Holiday Inn Select Bakersfield
Hotel and Conference Center opened in 1995. It is connected to the Bakersfield
Convention Center and adjacent to the Centennial Gardens Arena. The property
features 258 guestrooms, a lobby lounge, restaurant and over 16,000 square feet
of meeting space within the hotel.
Company Information
Publicly traded on the American Stock Exchange, Springfield, Mo.-based John Q.
Hammons Hotels, Inc. is the nation's leading independent builder, developer,
owner and manager of upscale, full-service hotels, resorts and suites,
including: Embassy Suites Hotels, Renaissance, Marriott, Radisson, Residence
Inn, Homewood Suites by Hilton, Holiday Inn and Courtyard by Marriott brands.
With 60 hotels strategically located near demand generators, such as state
capitals, universities, airports, corporate headquarters or office parks in
secondary and tertiary markets, John Q. Hammons Hotels' properties are dominant
in their markets. The company's focus is capitalizing on positive operating
fundamentals in the upscale, full-service sector, converting existing hotels to
franchise brands and selling mature assets, while reinvesting the proceeds and
reducing debt. Over the course of his impressive career in the hotel business,
Mr. Hammons has developed 150 hotels.
For more information about John Q. Hammons Hotels, please visit the company's
Web site at http://www.jqhhotels.com/ .
DATASOURCE: John Q. Hammons Hotels, Inc.
CONTACT: Scott Tarwater of John Q. Hammons Hotels, Inc.,
+1-417-873-3591, or ; or Melissa Conger,
+1-972-628-7756, or , or Christina Teagarden,
+1-972-628-7875, or , both of Publicis
Dialog, for John Q. Hammons Hotels, Inc.
Web site: http://www.jqhhotels.com/