Winston Hotels Announces Date for Second Quarter Results and Conference Call
14 July 2006 - 7:21AM
Business Wire
Winston Hotels, Inc. (NYSE: WXH), today announced that the Company
will announce financial results for the second quarter ended June
30, 2006 prior to the opening of the market on Tuesday, August 8,
2006. Also, on August 8th at 10 a.m. (EST) Winston Hotels, Inc.
will host a conference call to discuss the results. To hear the
call, please dial 800-230-1092. Please state that you are dialing
into the Winston Hotels, Inc. second quarter results call. A replay
of the call will be available for seven days after the call by
dialing 800-475-6701 access code #836223. 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 As of June 30, 2006, the Company
owned or was invested in 53 hotel properties in 18 states having an
aggregate of 7,181 rooms. This included 45 wholly owned properties
with an aggregate of 6,110 rooms, a 60% ownership interest in a
joint venture that owned one hotel with 138 rooms, a 49% ownership
interest in a joint venture that owned one hotel with 118 rooms, a
48.78% ownership interest in a joint venture that owned one hotel
with 147 rooms, a 13.05% ownership interest in a joint venture that
owned four hotels with an aggregate of 545 rooms, and a 0.21%
ownership interest in a joint venture that owned 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 has hotel loan commitments totaling $71.4
million. The Company does not hold an ownership interest in any of
the hotels for which it has provided financing.
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