Bruce Kinseth, Senior Vice President of KHC. along with Jin Schoonover, Partner in The Buyer's Agent of St. Louis West real estate agency, and Dennis Orne, President of Le Pique & Orne Architects, principals of Florissant Hotel Associates, will undertake a complete renovation of the 129 room hotel during the first quarter of 2005. 

The property is conveniently located at the Hanley/Graham Road exit along Interstate 270, approximately 5.5 miles northeast of Lambert/St. Louis Airport.

KHC in partnership with Jim Schoonover and Dennis Orne and additional investors, also have a Country Inn & Suites hotel under construction within the Historic District of St. Charles, Missouri.  This 84-unit property is expected to open in the second quarter of 2005. The hotel is located on Main Street within walking distance of the AmeriStar Casino and the St. Charles Historical District.

In addition to the above projects, KHC has a Courtyard by Marriott under construction in Columbia, Missouri, which will feature approximately 6,000 square feet of meeting space, and an adjoining Bennigan's Grill and Tavern; this property is expected to open in the third quarter of 2005.   Also, KHC is currently renovating the Airport Inn and Suites, to be converted as a Country Inn and Suites, at the Eastern Iowa Airport in Cedar Rapids, Iowa; this hotel's conversion date is expected in January of 2005.

KHC is a hospitality management and ownership organization based in North Liberty, Iowa, with a proven track record of developing and operating award-winning hotels, restaurants, and meeting facilities.  A leader in the hospitality field, KHC now owns and/or operates thirty-three hotels, and fourteen chain-affiliated restaurants, in eight states.  Their extensive background, coupled with a seasoned executive team, fosters a culture that is oriented towards success.  KHC's ongoing mission is to build value for their guests, associates, and investors.