BridgeStreet Adds Several New Markets to Its Expanding Roster of Network Partners.CLEVELAND--(BUSINESS WIRE)--June 1, 1999-- BridgeStreet Accommodations, Inc. (AMEX AMEX See: American Stock Exchange :BDS BDS abbr. Bachelor of Dental Surgery BDS Bachelor of Dental Surgery BDS n abbr (= Bachelor of Dental Surgery) → título universitario BDS ) today announced their expansion into several larger U.S. markets with the addition of Boston, Chicago, Des Moines Des Moines, city, United States Des Moines (dĭ moin`), city (1990 pop. 193,187), state capital and seat of Polk co., S central Iowa, at the junction of the Des Moines and Raccoon rivers; inc. , Hartford, Kansas Hartford is a city in Lyon County, Kansas, United States. The population was 500 at the 2000 census. Geography Hartford is located at (38.307866, -95.956313)GR1. City, Oklahoma City Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm , Providence, Little Rock, San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Seattle, Tulsa and Wichita as its newest network partner locations for upscale apartments in these cities and their suburbs. The addition of these network partner locations increases BridgeStreet's availability of apartments to an amount in excess of 6,000. John E. Danneberg, BridgeStreet's president and chief executive officer, commented: "Our expanding roster of network partner locations provides our customers with access to substantial inventories of high-quality apartments in leading business destinations, while we serve our partners' customers in BridgeStreet cities across the U.S., Canada and in the United Kingdom." Danneberg further stated, "The addition of these new locations and cities combined with significant investments in information systems and Internet technologies should position us to effectively drive our national sales account strategy as we build a brand name in lodging." BridgeStreet offers upscale, fully furnished fur·nish tr.v. fur·nished, fur·nish·ing, fur·nish·es 1. To equip with what is needed, especially to provide furniture for. 2. apartments, townhouses and condominiums primarily for business travelers and relocating corporate executives who need lodging for one night up to several months or more. A typical unit is considerably larger and its cost per night considerably lower than traditional and extended-stay hotels. The company's diverse customer base centers on Fortune 2000 corporations, professional firms and travel-wise individuals. BridgeStreet's toll-free number is 1-800-B-STREET for calls from the U.S. or Canada. Feel free to visit our website at www.bridgestreet.com. This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. which involve risks and uncertainties. The company's actual results may differ significantly from results discussed in the forward-looking statements due to a number of important factors, including, but not limited to, the company's planned rapid expansion, risks related to acquisition financing, dependence on third parties, market acceptance of the company's brand name, and factors affecting travel. These factors are more fully discussed in the company's Registration Statement on Form S-4 filed with the Securities and Exchange Commission (File No. 333-39187). For further information contact: BridgeStreet Accommodations, Inc., Mark D. Gagne, Chief Financial Officer, 330/405-6060, www.bridgestreet.com |
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