Company Press Release
June 21, 2000
SPRINGFIELD, MO -- More than 40 years and 138 hotels into his career, John Q. Hammons shows no signs of slowing.
The Springfield, Mo.-based developer yesterday announced that he would personally develop and open six upscale
luxury hotels in the next 30 months.
Construction has begun on the 250-suite Embassy Suites Nashville in Franklin, Tenn.; the 336-room Renaissance Hotel
Telecom Corridor in Richardson, Texas; and the 260-suite Embassy Suites Albuquerque, NM. All the hotels are expected
to open between now and January 2002.
The Embassy Suites, Nashville will be located in Franklin, Tenn., near major employers Ford Motor Credit, General
Motors' Saturn plant and Crescent Resources' 10-building office complex. The 150-suite hotel will feature more
than 20,000 square feet of meeting space and will be located near the Franklin Convention Center and Cool Springs
Mall.
The anchor of a 27-acre development in the Galatyn Park Urban Center, the Renaissance Telecom Corridor will feature
336 rooms and more than 22,000 square feet of meeting space, including a 12,000- square-foot ballroom. Richardson
is the second-largest employment district in the Dallas/Ft. Worth Metroplex, with more than 80,000 daytime workers.
Land was acquired from Hunt Petroleum Corporation.
The 252-room Embassy Suites Albuquerque will be located at Interstate 25 and Lomas Avenue, near the University
of New Mexico/Hospital district near downtown. The hotel will offer more than 20,000 square feet of meeting space.
Future sites include a 300-room Renaissance Hotel by Marriott in Tulsa, Oklahoma, which will feature an 80,000-square-foot
convention center. A 300-room Renaissance Hotel is also planned for Frisco, Texas, as well as a 300-unit Embassy
Suites hotel scheduled for development near the Charlotte/Lowe's Motor Speedway in Concord, NC.
Each hotel will be built in Hammons' signature atrium style, with rooms that are 15 to 20 percent larger than those
in the average hotel; full-service restaurants with an exhibition style, open for breakfast, lunch and dinner seven
days a week; complete health and fitness centers; indoor pool, whirlpool and sauna.
Hammons' most recent opening was the Embassy Suites Lincoln, Nebraska. The 252-suite hotel includes 20,000 square
feet of meeting space and is located adjacent to the University of Nebraska and is within minutes of downtown Lincoln
and historic Haymarket.
Each hotel will be managed under contract by John Q. Hammons Hotels, Inc., (AMEX:JQH), a publicly traded company.
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Contact:
For John Q. Hammons Hotels, Inc.:
MMG Worldwide
Kim Terhune, 816/300-5173