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WASHINGTON - April 24, 2000 -- MeriStar Hotels
& Resorts (NYSE: MMH) the nation�s largest independent management company,
today announced that the company has signed an agreement to manage the
Nordic Hills Resort & Conference Center in
Itasca, Ill., a western suburb of Chicago. The property was recently purchased by an affiliate of Denver-based Amstar Group, Ltd. (Amstar), a private national real estate investment company. �This is the second property we will manage for Amstar, and we are delighted to have this opportunity to expand our relationship with them,� said Paul W. Whetsell, MeriStar chairman and chief executive officer. MeriStar also manages Amstar�s Doubletree Hotel in the Gardens in Palm Beach Gardens, Fla. �With our marketing expertise in resorts and conference centers and our experience in golf course management, we are confident that we can help make the Nordic Hills Resort & Conference Center one of the finest conference center resorts in the greater Chicago area.� Located on 108 lush acres 12 miles from O�Hare International Airport, the 228-room resort and conference center also features a sports center and 18-hole golf course. Originally built and opened as a golf course and clubhouse in 1928, the resort was operated as a country club in the 1960s. The current resort and conference center began operation in 1968. �With the four other hotels that we manage in the Chicago area, we expect
to take full
This press release contains forward-looking statements about MeriStar Hotels & Resorts, Inc., including those statements regarding future operating results and the timing and composition of revenues, among others. |
Bruce Riggins Director of Finance (202) 295-2276 or Melissa Thompson Director of Corporate Communications (202) 295-2228 www.meristar.com |