Alpha Begins Construction on Historic Site for its Greenville Hotel.NEW YORK--(BUSINESS WIRE)--July 21, 1997--Alpha Hospitality Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ALHY ALHY Alpha Hospitality Corporation (stock symbol; previously ALH) ;BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). :ALH ALH Advanced Light Helicopter ALH Amplitude of Lateral Head (Displacement) ALH Alpha Hospitality Corporation (former stock symbol; now ALHY) ALH Advanced Liquid Hydrogen ;WARRANTS:NASDAQ:ALHYW;BSE:ALHW) announced friday that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. Alpha Greenville Hotel Inc. has broken ground on its "Jubilee Inn and Suites," the latest addition to Greenville, Mississippi's lodging community. The hotel will offer a unique array of 41 guestrooms and suites. The hotel's memorable character will be drawn from the historic landmark buildings of the Mississippi Levee Board in which the new hotel will be located. By restoring this significant landmark, Alpha's Jubilee Casino will become the first casino in Mississippi to fulfill its infrastructure requirements through preservation of an important part of the Mississippi's great heritage. This one of a kind blend of the old with the new will allow the Jubilee Casino to attract discriminating guests, who are looking for a unique lodging experience. The construction financing for the project has been arranged. The company is exploring several permanent financing alternatives. CONTACT: Alpha Hospitality, New York James A. Cutler, 212/750-3500 |
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