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 John Q. Hammons Building $60 million, 308-suite
Embassy Suites Hotel(R) and 75,000 Sq. Ft.
Convention Center in Concord, North Carolina
SPRINGFIELD, Mo. & CONCORD, N.C. Aug. 4, 2005 -- Mr. John Q. Hammons and the city of Concord, N.C., today celebrated the groundbreaking of the new $60 million, 308-suite Embassy Suites Hotel(R) and adjoining 75,000-square-foot convention center. Slated to open in 2006 and owned by Mr. Hammons, the new hotel and convention center will provide nearly 90,000 gross square feet of meeting space and will overlook the city-owned Rocky River Golf Club. Both properties will be managed by Springfield, Mo.-based John Q. Hammons Hotels & Resorts, LLC, the nation's leading independent builder, developer, owner and manager of upscale, full-service hotels, resorts and suites.

The hotel will be the fifth John Q. Hammons property in North Carolina, and the convention center will be the first of its kind in Concord. Mr. Hammons and John Q. Hammons Hotels & Resorts continue to invest in North Carolina because they feel the state is one of the best centers for growth in the country.

"This metropolitan area is seeing extensive commercial and industrial growth, making Concord a premier destination for business and leisure travelers," said Mr. John Q. Hammons, founder, chairman and chief executive officer of John Q. Hammons Hotels & Resorts, LLC. "The addition of a convention center and full-service hotel will prove to be very beneficial in meeting the needs of both travelers and businesses. I am confident that the Embassy Suites Hotel Concord's upscale accommodations and prime location and the convention center's vast, flexible meeting space will meet those needs and exceed expectations."

The hotel site is strategically located east of Interstate 85 and north of Interstate 485, less than a mile from the popular Concord Mills Mall, the 167,000-seat Lowe's Motor Speedway, and Concord Regional Airport. Demand generators such as the University of North Carolina at Charlotte and the world headquarters of Philip Morris are also within three miles of the property.

"The construction of the Concord Convention Center will add another asset to our economic development package," said Concord Mayor Scott Padgett. "The Concord City Council has worked diligently with Mr. Hammons to ensure this facility will meet the needs of our citizens and the thousands of tourists and business travelers who will use it."

Property Information
Designed to be one of the most upscale hotels in the area, the Embassy Suites Hotel Concord will have a welcoming exterior and well-appointed interior. The hotel will feature a variety of amenities for both business and leisure travelers, including a private bedroom in every suite, living room with a sofa sleeper, wet bar, refrigerator, microwave and coffeemaker. In addition, each of the hotel's 308 suites will be equipped with hairdryer, iron, full-size ironing board, two dual-line telephones with voice mail, high-speed Internet access, two televisions and a Sony Playstation. Travelers also will be able to enjoy a restaurant and lounge, as well as full cooked-to-order breakfast during their stay. 

Area Information
Known as the heart of NASCAR country, Concord provides fun and excitement for thousands of racing enthusiasts and newcomers to the sport each year. Additionally, Concord Mills Mall, the shopping entertainment destination of the Carolinas and second most popular visitor attraction in North Carolina, offers world-class shopping at over 200 stores. Visitors can tour underground tunnels, pan for gold and watch an ore-crushing stamp mill in action at Reed Gold Mine, where Conrad Reed made the first gold discovery in America in 1799. The City of Concord takes great pride in its historic downtown area with one-of-a-kind shopping, restaurants, coffee houses, historic sites, beautifully restored Victorian homes and seasonal historic home tours. 

About John Q. Hammons Hotels & Resorts, LLC
Springfield, Mo.-based John Q. Hammons Hotels & Resorts, LLC, 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 62 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 164 hotels. 


John Q. Hammons Hotels & Resorts, LLC

Also See: John Q. Hammons Reaches Deal with City of Concord, North Carolina for 309-room Embassy Suites hotel and 38,000 sq ft Convention Center / August 2004
In Charleston, South Carolina, the $56 million Convention Center Seeks its Place Within a Glut of Meeting Space throughout the U.S. / April 2005

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