Winston Hotels Announces Date for First Quarter Results and Conference Call
21 Aprile 2006 - 3:01PM
Business Wire
Winston Hotels, Inc. (NYSE: WXH), today announced that the Company
will announce financial results for the first quarter ended March
31, 2006 prior to the opening of the market on Tuesday, May 9,
2006. Also, on May 9th at 10 a.m. (EST) Winston Hotels, Inc. will
host a conference call to discuss the results. To hear the call,
please dial 888-639-6207. Please state that you are dialing into
the Winston Hotels, Inc. first quarter results call. A replay of
the call will be available for seven days after the call by dialing
800-475-6701 access code #826983. The call can also be accessed via
the Internet live or as a replay at www.winstonhotels.com. The
conference call will be available for replay on the Company's web
site shortly after the call and for 30 days thereafter. About the
Company Raleigh, North Carolina-based Winston Hotels, Inc. is a
real estate investment trust specializing in the development,
acquisition, and repositioning of, and provision of subordinated
financing to, premium limited-service, upscale extended-stay and
full-service hotels, with a portfolio increasingly weighted toward
the leading brands in the lodging industry's upscale segment. The
Company currently owns or is invested in 54 hotel properties in 17
states having an aggregate of 7,395 rooms. This includes 47 wholly
owned properties with an aggregate of 6,447 rooms, a 60 percent
ownership interest in a joint-venture that owns one hotel with 138
rooms; a 49 percent ownership interest in a joint venture that owns
one hotel with 118 rooms, a 48.78 percent ownership interest in a
joint venture that owns one hotel with 147 rooms, and a 13.05
percent ownership interest in a joint venture that owns four hotels
with an aggregate of 545 rooms. The Company also currently has
loans outstanding to owners of 15 hotels with an aggregate of 3,480
rooms. These loans total $38.8 million. The company does not hold
an ownership interest in any of the hotels for which it has
provided financing. For more information about Winston Hotels, Inc.
visit the company's Web site at www.winstonhotels.com.
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