Corporate Profile for Amerihost Properties, Inc., Dated July 23, 1999.

--(BUSINESS WIRE)--

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   July 23, 1999

Company Name:     Amerihost Properties, Inc.

Address:          2400 East Devon Avenue, Suite 280
                  Des Plaines, IL  60018

Main Telephone
 Number:          847/298-4500

Internet Home
 Page Address
  (URL)           www.amerihostinn.com

Chief Executive
 Officer:         Michael P. Holtz

Chief Financial
 Officer:         James B. Dale

Investor Relations
 Contact:         Paul J. Arndt
 Business number: 847/298-4501, ext. 457
 E-mail address:  [e-mail]

Public Relations
 Contact:         Paul J. Arndt
 Business number: 847/298-4501, ext. 457
 E-mail address:  [e-mail]

Industry:         Hotel Lodging

Trading Symbol/
 Exchange:        Nasdaq/NM:  HOST

Market Makers:    Herzog, Heine Geduld; Knight Securities; Everen
                  Securities; Sherwood Securities; Spear, Leeds &
                  Kellog; Island Trading Co.; Garden State Securities;
                  more

Company description: Amerihost Properties, Inc. (Nasdaq/NM: HOST) is a hotel development, ownership, management and franchise company that builds, operates, manages and franchises mid-priced hotels, including its own exclusive brand -- AmeriHost Inn. Since 1993, the Company's growth strategy has been focused on the expansion of the AmeriHost Inn brand through new construction. Over the past 3 years, Amerihost Properties, Inc. has opened, on average, one new AmeriHost Inn hotel every 2.9 weeks, for a total of 79 AmeriHost Inn hotels open to date.

1998 Annual Sales: $68.6 Million 52 Week Hi/Lo: $4 7/8 - $2 9/16