California Culinary Academy Purchases Mayfair Hotel Property and Completes First Phase of Student Housing Program.SAN FRANCISCO--(BUSINESS WIRE)--Oct. 6, 1997--California Culinary Academy (Nasdaq:COOK) Monday announced its purchase of San Francisco's Mayfair Hotel property, which in addition to the Hotel Leslie acquired in September, completes the first phase of management's long-term, multi-phased student housing program. When fully occupied, the two properties will accommodate 266 full-time students Full-Time Student A status that is important for determining dependency exemptions. An individual enrolled in a post-secondary institution may be eligible for certain tax breaks. Notes: The full-time status is based on what the individual's school considers full time. . Located in San Francisco's Route 101 corridor at 626 Polk St., the Mayfair Hotel is directly across the street from the academy's main campus. After a phase out of resident hotel guests, the new dormitory will accommodate 136 full-time academy students. Acquiring student housing was announced at last year's shareholders meeting as a strategic initiative. High occupancy rates, the lack of affordable housing, and the lack of academy-controlled residence halls, have been a deterrent in attracting younger students, as well as students from out of state and the international marketplace. Commenting on the purchase, Keith Keogh, president of the California Culinary Academy  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. , stated: "The strategic use of the rooms will allow us to balance the seasonality of our business by making rooms available as an incentive during off periods of enrollment. This strategy, along with appealing to a new demographic population of younger and international students, should give us an incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. increase in student population in the months and years to come." In conclusion, Keogh said: "In addition to incremental revenue, the addition of student housing rounds out our offerings to students, giving them a complete educational atmosphere similar to most high quality universities. This also improves our competitive standing with the two other nationally recognized schools in the Northeast." The California Culinary Academy is one of the largest culinary schools in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The academy offers culinary arts education through two fully accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. professional programs as well as a series of continuing professional educational programs and vocational training. In addition, the academy provides contract training, research and development and consulting services to the food industry and food services food services Hospital services A 24/7 department in a hospital that provides for the nutritional needs of inpatients–eg, those needing special diets, preparing meals and transporting them to the floor and, through the cafeteria, the hospital staff and departments of government, the military and industry. Information on the company can be found on the Internet at http://www.baychef.com . CONTACT: California Culinary Academy, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden Keith Keogh, 415/771-3536 or Coffin Communications Group, Sherman Oaks, Calif. Steven Johnson There are several well-known people called Steven Johnson.
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