AMERIHOST TO BUILD AMERIHOST INN IN LOGAN, OHIO
AMERIHOST TO BUILD AMERIHOST INN IN LOGAN, OHIO DES PLAINES, Ill., Nov. 5 /PRNewswire/ -- Amerihost Properties, Inc.
(NASDAQ: HOST), a leader in the management, development and acquisition of limited service hotels, announced today it has begun construction of a 61-room Amerihost Inn in Logan, Ohio, in partnership with Keith Fox Enterprises of Logan and SJB Equities, Inc., of Athens, Ohio.
Amerihost will manage the hotel with SJB and holds a general partnership interest of 10 percent and a limited partnership interest of 7.5 percent. The facility is expected to open in the spring of 1993. Total construction and development costs exceed $2 million. The property is located on Interstate Route 33, approximately 30 miles northwest of Athens, Ohio, home of Ohio University. Logan is a manufacturing center, and the hub of a recreational area that attracts more than 2 million tourists annually. A new Ohio Department of Transportation tourist center is currently being constructed near the Amerihost property, the Church of the Nazarene plans to build a $13 million complex in the vicinity, and Route 33 is scheduled to become a four-lane highway. "This is the first new hotel to be built in Logan in many years," Michael P. Holtz, Amerihost president, said. "We anticipate strong growth in the Logan area, and Amerihost is pleased to be contributing to that growth," Holtz added. The facility will feature interior guest room entrances, two meeting rooms, two whirlpool suites, and an indoor pool and recreation area. Complementary continental breakfast will be served in the lobby. Logan will be Amerihost's 17th hotel in Ohio and will be the fourth Amerihost Inn in the state. The company now manages 52 hotels with more than 5,800 guest rooms in 12 states in the midwest and southeastern United States. -0- 11/5/92 /CONTACT: Richard A. D'Onofrio of Amerihost, 708-298-4500; or Hal LeVay of Porter, LeVay & Rose, 212-564-4700, for Amerihost/ (HOST) CO: Amerihost Properties, Inc. ST: Illinois, Ohio IN: LEI SU:
GK-PS -- NY035 -- 2952 11/05/92 10:09 EST
|Printer friendly Cite/link Email Feedback|
|Date:||Nov 5, 1992|
|Previous Article:||LCI INTERNATIONAL TO OFFER CUSTOMERS 30 MINUTES OF LONG DISTANCE CALLING FOR ONE CENT PER MINUTE ON THANKSGIVING AND CHRISTMAS DAY|
|Next Article:||PARAMAX INTRODUCES NEW INTEGRATED TOWER SYSTEMS AT THE AIR TRAFFIC CONTROL ASSOCIATION CONFERENCE|