Hearthside Extended Stay

Company Description

• Dallas based extended stay under the Cendant-Villager national franchise
• currently have 13 hotels open in various Texas locations, Colorado and Nevada
• anticipated construction 3 additional hotels in 2002 in Nevada, Colorado and Utah
• limited service with aproximately 145 suites per hotel
• extensive growth with exceptional opportunity for advancement/promotions from within
• generous health, dental and life insurance

Company Statistics

Year founded

1997

Number of employees

200

Computer software

compuserve

Regional offices in

Addison, Texas

Property Portfolio

Types of properties we operate

Extended Stay

Types of locations include

Major Cities, Suburban

We have properties located in

Colorado, Nevada, Texas

Portfolio summary

• We are owners and operators with equity in 13 properties.
• We operate a total of 13 properties.
• We franchise 36 properties to other owners and operators.
• We are hotel developers currently working on 3 projects.

About Our Company

Capital Allocation

The company annually allocates capital dollars to most properties.

Accounting

Centralized.

Reporting Requirements

We provide properties a reasonable degree of autonomy while providing overall leadership and direction. (Less than 10 hours of reporting requirements per month.)

Company characteristics

• We are adding additional properties to the portfolio every year.
• We have a strong track record of promoting people based on performance, results, and willingness to relocate.

Internet Links

• Hearthside Suites