Winston Hotels Announces Date for Third Quarter Results and Conference Call
24 Oktober 2006 - 7:00PM
Business Wire
Winston Hotels, Inc. (NYSE: WXH), today announced that the Company
will announce financial results for the third quarter ended
September 30, 2006 prior to the opening of the market on Tuesday,
November 7, 2006. Also, on November 7th at 1 p.m. (EST) Winston
Hotels, Inc. will host a conference call to discuss the results. To
hear the call, please dial 800-553-0358. Please state that you are
dialing into the Winston Hotels, Inc. third quarter results call. A
replay of the call will be available for seven days after the call
by dialing 800-475-6701 access code #845841. 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 The company currently owns or is
invested in 52 hotel properties in 17 states having an aggregate of
7,064 rooms. This includes 44 wholly owned properties with an
aggregate of 5,993 rooms and eight hotels in joint ventures
totaling 1,071 rooms. The company�s joint venture hotels include a
60% ownership interest in a joint venture that owns one hotel with
138 rooms, a 49% ownership interest in a joint venture that owns
one hotel with 118 rooms, a 48.78% ownership interest in a joint
venture that owns one hotel with 147 rooms, a 13.05% ownership
interest in a joint venture that owns four hotels with an aggregate
of 545 rooms and a 0.21% ownership interest in a joint venture that
owns one hotel with 123 rooms, for which substantially all of the
profit or loss generated by the joint venture is allocated to the
company. As of June 30, 2006, the company also had approximately
$59.7 million of outstanding loans in its loan portfolio that it
originated or purchased. The company does not hold an ownership
interest in any of the hotels for which it has provided financing.
Winston Hotels, Inc. (NYSE: WXH), today announced that the Company
will announce financial results for the third quarter ended
September 30, 2006 prior to the opening of the market on Tuesday,
November 7, 2006. Also, on November 7th at 1 p.m. (EST) Winston
Hotels, Inc. will host a conference call to discuss the results. To
hear the call, please dial 800-553-0358. Please state that you are
dialing into the Winston Hotels, Inc. third quarter results call. A
replay of the call will be available for seven days after the call
by dialing 800-475-6701 access code #845841. 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 The company currently owns or is
invested in 52 hotel properties in 17 states having an aggregate of
7,064 rooms. This includes 44 wholly owned properties with an
aggregate of 5,993 rooms and eight hotels in joint ventures
totaling 1,071 rooms. The company's joint venture hotels include a
60% ownership interest in a joint venture that owns one hotel with
138 rooms, a 49% ownership interest in a joint venture that owns
one hotel with 118 rooms, a 48.78% ownership interest in a joint
venture that owns one hotel with 147 rooms, a 13.05% ownership
interest in a joint venture that owns four hotels with an aggregate
of 545 rooms and a 0.21% ownership interest in a joint venture that
owns one hotel with 123 rooms, for which substantially all of the
profit or loss generated by the joint venture is allocated to the
company. As of June 30, 2006, the company also had approximately
$59.7 million of outstanding loans in its loan portfolio that it
originated or purchased. The company does not hold an ownership
interest in any of the hotels for which it has provided financing.
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