John Q. Hammons Hotels, Inc. Now Trading On American Stock Exchange

Company Press Release

February 29, 2000
SPRINGFIELD, MO -- John Q. Hammons Hotels, Inc. yesterday announced that the American Stock Exchange (AMEX) has approved the listing of the Company's shares, which will begin trading on the AMEX under the ticker symbol ``JQH'' effective today, February 28, 2000.

John Q. Hammons, chairman and chief executive officer of the Company stated, ``We believe the American Stock Exchange best suits a small-cap growth company like John Q. Hammons Hotels, Inc. and look forward to working together with the American Stock Exchange management to continue to represent the best interest of our shareholders.''

Springfield, Mo.-based John Q. Hammons Hotels, Inc. currently owns and manages 51 hotels, including four managed hotels, with 12,592 rooms in 21 states.

NOTE: Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although John Q. Hammons Hotels, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be attained. These uncertainties are more fully described in the Company's filings with the Securities and Exchange Commission.