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John Q. Hammons Slates $44 Million in Hotel
Portfolio Capital Improvements in 2008
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First Quarter Emphasis on Multimillion Dollar Refresh of
Renaissance Hotels in Charlotte, N.C., and Oklahoma City
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SPRINGFIELD, Mo.- February 13, 2008 - John Q. Hammons Hotels & Resorts has built a reputation for consistently delivering an exceptional guest experience and regularly leading in industry award wins. According to hotel legend and founder, chairman and chief executive officer of the company Mr. John Q. Hammons, you have to invest in a quality reputation. John Q. Hammons Hotels & Resorts has earmarked more than $44 million in property capital improvements for 2008. Springfield, Mo.-based John Q. Hammons Hotels & Resorts is the nation’s leading independent builder, developer, owner and manager of upscale, full-service hotels, resorts and suites (www.jqhhotels.com). 

John Q. Hammons Hotels & Resorts, whose current portfolio spans more than half the nation’s states, has a seasoned in-house design team headed by John Fulton, vice president of design and purchasing. Fulton’s team includes staff dedicated to renovation planning and oversight, including incorporation of guest insights into design details for an overall enhanced guest experience. 

“The John Q. Hammons way is to invest in the care of properties as they require, versus the common industry practice of delaying property improvements during slow guest demand when cash flow is low,” Fulton said. “The Hammons approach means a hotel always appears to be in mint condition, is integrating innovation, and is ready to meet guests’ expectations. Only the best is acceptable on the John Q. Hammons roster.” 

Q1 2008 Renovation Highlights 

The 275-suite Renaissance® Charlotte Suites Hotel in North Carolina and the 311-room Renaissance Oklahoma City Hotel Downtown just a block from the popular Bricktown Canal Entertainment District in Oklahoma City kicked-off a new year undergoing multimillion dollar makeovers. 

John Q. Hammons Hotels & Resorts is extensively refreshing the Charlotte and Oklahoma City Renaissance properties’ public spaces and guest rooms to incorporate the inviting updated Renaissance brand look of sophisticated ambiance. Valued at an estimated nearly $9 million (combined) and expected to be completed in April of this year, the renovations include incorporating luxurious fabrics and a color palette of warm rich hues of gold, olive and rust. Guests will enjoy new 32” LCD flat screen televisions and digital thermostats in guest rooms. The reconfiguration of the lobby area will allow guests to enjoy the comforts of Marriott’s Lobby Reinvented concept, which incorporates a lounge environment with a mixed-use space, giving small groups and individual travelers an inviting area to work or eat when outside their rooms. 
 


Renaissance Charlotte Suites Hotel
2800 Coliseum Centre Drive
Charlotte, North Carolina

Renaissance Oklahoma City Convention Center Hotel
10 North Broadway
Oklahoma City, Oklahoma

Sampling of 2008 Improvements 

Fulton noted that a portion of the company’s capital expenditures budget coincided with trending in consumers’ interests, such as in the areas of technology and wellness. “To stay ahead of the growing demand of travelers wanting to maintain a healthy regimen on the road, we’re increasing our investment in spa and workout center square footage and allocating additional funds to fitness equipment upgrades,” Fulton said. 

In 2008, John Q. Hammons also plans to continue transitioning its existing hotel portfolio to LCD flat screen televisions. In addition, all new hotel developments will be outfitted with flat screens. Mr. Hammons has $1.5 billion of new development in the pipeline and more than $500 million in new construction in the ground. 

About John Q. Hammons Hotels & Resorts 
Springfield, Mo.-based John Q. Hammons Hotels & Resorts 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 76 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 & Resorts’ properties are dominant in their markets. Over the course of his impressive career in the hotel business, Mr. Hammons has developed 191 hotels. For more information about John Q. Hammons Hotels & Resorts, please visit the company’s Web site at www.jqhhotels.com. 

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Contact:

John Q. Hammons Hotels & Resorts
Scott Tarwater, 417-873-3591
scott.tarwater@jqh.com
 

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Also See: John Pasley, GM of the Renaissance Oklahoma City Hotel, Named “Outstanding General Manager of the Year” by the Oklahoma Hotel and Lodging Association / February 2004
John Q. Hammons Will Begin Building Five Full-Service Upscale Hotels in 1999 / March 1999
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