Mr. John Q. Hammons to Build Embassy Suites Hotel and Convention Center in Loveland, Colo.
14 Julio 2004 - 8:30AM
PR Newswire (US)
Mr. John Q. Hammons to Build Embassy Suites Hotel and Convention
Center in Loveland, Colo. New Development Marks Hammons' Fourth
Full-Service Hotel Along the Colorado Front Range SPRINGFIELD, Mo.
and LOVELAND, Colo., July 14 /PRNewswire-FirstCall/ -- Mr. John Q.
Hammons today announced his plans to build a $35-million, 250-suite
Embassy Suites Hotel and adjoining 80,000-square-foot convention
center in Loveland, Colo. Only 40 minutes from Denver International
Airport via E-470, the Embassy Suites Hotel - Loveland and
convention center will be located on the southwest corner of the
243-acre Larimer County Fairgrounds property, which is north of
U.S. 34 at the intersection of Interstate 25 and Crossroads
Boulevard. The hotel and convention center will be owned by Mr.
John Q. Hammons and managed by Springfield, Mo.-based John Q.
Hammons Hotels, Inc. (AMEX:JQH), the nation's leading independent
builder, developer, owner and manager of upscale, full-service
hotels, resorts and suites. "A quality, full-service hotel has
always been a part of the master plan for the Larimer County
Fairgrounds," said Jay Hardy, director of the Larimer County
Fairgrounds and Events Complex. "Mr. Hammons' plan to build the
Embassy Suites in Larimer County complements our goal of ensuring
the success of business operations at the fairgrounds and
guaranteeing our ability to fully service incoming events and
customers." Conveniently situated in Larimer County, the Embassy
Suites Hotel - Loveland marks the fourth full-service hotel Mr.
Hammons has built along the Colorado front range and complements
the company's portfolio of 60 hotels. "Loveland is one of the
fastest-growing metropolitan cities in the country and has
something to offer for everyone who lives in or visits its thriving
community," said Mr. John Q. Hammons, founder, chairman and chief
executive officer of John Q. Hammons Hotels, Inc. "We have built a
strong relationship with Larimer County and the city of Loveland,
and we support their commitment to cultivate this ever-growing
community. With a variety of businesses, historical attributes,
major attractions and cities surrounding its perimeters, the
Larimer County Fairground location is an ideal site for an upscale
hotel that can accommodate both small and large groups. I am
confident the Embassy Suites Hotel - Loveland will complement the
continued growth Loveland is experiencing and will ultimately serve
as the premier hotel in the area." Due to its short distance from
major cities, including Denver, Ft. Collins, Windsor and Greeley,
as well as its location just immediately southeast of the Ft.
Collins Loveland Airport, the property is also an ideal lodging
choice for both business and leisure travelers. In addition, the
adjoining 80,000-square-foot convention center combined with the
hotel's more than 8,000 square feet of meeting space, makes the
Embassy Suites Hotel - Loveland a perfect venue for lavish
weddings, celebrations, as well as corporate meetings and
conferences. "John Q. Hammons Hotels is known for its high caliber
properties, and we eagerly await the completion and opening of the
Embassy Suites in Larimer County," said Kathay Rennels, chair of
the Larimer County Board of Commissioners. "The Larimer County
Fairgrounds has become a popular regional gathering place, so Mr.
Hammons' convention center hotel will help with the increased need
for hotel rooms and meeting space, as well as continue the high
level of quality that was visualized for the fairgrounds from the
start." Area Information Known as the "Gateway to the Rockies,"
Loveland is nestled in a valley at the mouth of the beautiful Big
Thompson Canyon, Trail Ridge Road and Rocky Mountain National Park,
Colorado's number one vacation destination. Loveland's lakes,
rivers, nature trails and 27 public parks provide an abundance of
activities for the outdoor enthusiast, while the quality antique
and retail shops and abundant art galleries located in historic
downtown offer exciting shopping experiences. Embassy Suites Hotel
Information To be built with the signature atrium style of John Q.
Hammons Hotels, the Embassy Suites Hotel - Loveland will boast an
architectural style that complements the design of the convention
center. The hotel's decor will emit a contemporary flair that
invites guests to enjoy the exceptional appointments and
outstanding customer service that defines the John Q. Hammons
Hotels and the Embassy Suites Hotels brands. The Embassy Suites
Hotel - Loveland will feature a variety of amenities for both
business and leisure travelers. The property will have a private
bedroom in every suite, a living room with a sofa sleeper, wet bar,
refrigerator, microwave and coffeemaker. In addition, each of the
hotel's 250 suites will be equipped with a 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 the restaurant
and lounge, as well as full cooked-to-order breakfast during their
stay. Guests will be treated to a complimentary USA Today every
weekday morning, laundry/valet service, sundeck, cardio fitness
center, 24-hour gift shop, complimentary business center and an
oversized indoor pool and whirlpool. Company Information Publicly
traded on the American Stock Exchange (AMEX:JQH), Springfield,
Mo.-based John Q. Hammons Hotels 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 60 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' properties are dominant in their markets. The company's
focus is capitalizing on positive operating fundamentals in the
upscale, full-service sector, converting existing hotels to
franchise brands and selling mature assets, while reinvesting the
proceeds and reducing debt. Over the course of his impressive
career in the hotel business, Mr. Hammons has developed 150 hotels.
For more information about John Q. Hammons Hotels, please visit the
company's Web site at http://www.jqhhotels.com/ . DATASOURCE: John
Q. Hammons Hotels, Inc. CONTACT: Scott Tarwater of John Q. Hammons
Hotels, Inc., +1-417-873-3591, or ; or Melissa Conger,
+1-972-628-7756, or , or Christina Teagarden, +1-972-628-7875, or ,
both of Publicis Dialog, for John Q. Hammons Hotels, Inc. Web site:
http://www.jqhhotels.com/
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