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- Equity Inns to Hold First Quarter 2007 Conference Call
- GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE:ENN), a hotel real estate investment trust REIT, today announced that it will release the Company's first quarter 2007 financial results on Monday, May 7, 2007, after the close of market trading. The Company will host a conference call beginning at 4:30 p.m....
- Research articles 2007-04-16
- Equity Inns Expects First Quarter and Full Year 2007 Funds from Operations to Exceed Expectations
- - First Quarter FFO per Share Expected to be in the Range of $0.36 to $0.37 - - Updates Full Year 2007 FFO - - Better Than Expected Operations Drives Improved Cash Flow - GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), the third largest hotel real...
- Research articles 2007-03-29
- Equity Inns to Purchase Fourth Metro-Chicago Hotel
- GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), the third largest hotel real estate investment trust REIT, announced today that the Company signed an agreement to purchase a 140-room Marriott Courtyard in the western Chicago suburb of Elmhurst from a partnership controlled by First Hospitality Group for $13.9 million, or...
- Research articles 2007-02-12
- Equity Inns Increases Line of Credit; Facility Increased to $150 Million; Converted to an Unsecured Basis
- GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), the third largest hotel real estate investment trust REIT, today announced that it has obtained a new $150 million unsecured line of credit from a syndicated group of banks co-led by J.P. Morgan Securities Inc. and Calyon New York Branch. The $150...
- Research articles 2006-09-21
- Equity Inns Sells Two Older Midscale Hotels
- GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), the third largest hotel real estate investment trust REIT, today announced the sale of two older hotels. In two separate transactions, the Company sold a 19-year old, 130-room Hampton located in the Dallas suburb of Richardson, Texas and a 37-year old, 159-room...
- Research articles 2006-08-28
- Equity Inns Closes the Purchase of Three Marriott Branded Hotels; Company Also Completes the Sale of Three Non-Strategic Assets
- GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), the third largest hotel real estate investment trust REIT, today announced the completion of the purchase of three hotels, previously announced on July 27, 2006. The three hotels have a combined 378 rooms and were purchased for approximately $69,000 per key. Two...
- Research articles 2006-08-17
- Equity Inns Announces Pricing of 8.00% Series C Cumulative Preferred Stock Offering
- GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), the third largest hotel real estate investment trust REIT, today announced the Company has priced an offering to sell 2,400,000 shares of 8.00% Series C Cumulative Preferred Stock. Net proceeds to the Company are expected to be approximately $57.9 million. The Series...
- Research articles 2006-02-10
- Equity Inns to Acquire Five Marriott Hotels; Expands Presence in Florida and Georgia
- GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), the third largest hotel real estate investment trust REIT, announced today that it has entered into an agreement to purchase five Marriott branded hotels containing 435 rooms from partnerships controlled by McKibbon Hotel Group, a hotel developer and management company for a...
- Research articles 2005-12-19
- Equity Inns Announces Second Quarter 2005 Earnings Release Date and Conference Call
- GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), a hotel real estate investment trust REIT, today announced that it will release the Company's second quarter 2005 results after the market close on Tuesday, August 9, 2005. A conference call will follow at 4:30 p.m. Eastern time and will be broadcast...
- Research articles 2005-07-12
- Equity Inns Completes New $125 Million Line of Credit
- GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), a leading real estate investment trust REIT focused on hotel properties, today announced that it has obtained a new $125 million line of credit from a syndicated group of banks co-led by J.P. Morgan and Calyon New York Branch. The $125 million...
- Research articles 2005-06-21
- Equity Inns Announces Third Quarter 2004 Earnings Release Date and Conference Call
- GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), a hotel real estate investment trust REIT, today announced that it will release the Company's third quarter 2004 results after the market close on Thursday, November 4, 2004. A conference call will follow at 4:30 p.m. Eastern and will be broadcast live...
- Research articles 2004-10-14
- Equity Inns Strengthens Presence in Southern Florida; Reaches Agreement to Acquire Five Hotels
- GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), a hotel real estate investment trust REIT, today announced that it has entered into an agreement to purchase four Hampton Inns and one Hampton Inn and Suites in Southern Florida. The five hotels are located in West Palm Beach, Palm Beach...
- Research articles 2004-07-26
- Equity Inns Provides Fourth Quarter And 2002 Guidance
- Business Editors GERMANTOWN, Tenn.--BUSINESS WIRE--Jan. 23, 2003 Equity Inns: -Increasing fourth quarter 2002 FFO per share expectations to $0.17 - $0.19- -Raising fiscal 2002 FFO per share guidance to $0.98 - $1.00- -Fourth quarter and 2002 year end results to be released on ...
- Research articles 2003-01-23
- Equity Inns Updates Third Quarter 2002 Earnings Guidance
- Business Editors/Real Estate Writers GERMANTOWN, Tenn.--BUSINESS WIRE--Sept. 23, 2002 Equity Inns, Inc. (NYSE: ENN), a premier hotel real estate investment trust REIT, today announced that it is updating third quarter earnings guidance. Based on current information, the Company now estimates that third quarter Funds From Operations FFO...
- Research articles 2002-09-23
- Equity Inns Announces 3.1 Million Share Follow-On Common Stock Offering
- Business Editors GERMANTOWN, Tenn.--BUSINESS WIRE--March 26, 2002 Equity Inns, Inc. (NYSE: ENN), a hotel real estate investment trust REIT, today announced a public follow-on common stock offering of 3.1 million shares. The offering was priced at $8 per share on Monday, March 25, 2002. Net proceeds of...
- Research articles 2002-03-26
- Interstate Hotels Corporation Reports Fourth Quarter and Full Year Results
- Business Editors PITTSBURGH--BUSINESS WIRE--Feb. 22, 2001 Interstate Hotels Corporation (Nasdaq:IHCO), one of the largest independent hotel management companies in the United States, today announced results for the fourth quarter and full year ended December 31, 2000. For the fourth quarter of 2000, the Company reported a net...
- Research articles 2001-02-22
- Equity Inns To Acquire Comfort Inn In Jacksonville Beach, Florida, For $8.5 Million; Increases Equity Inns' Hotel Rooms Owned To 4,198
- MEMPHIS, Tenn.--BUSINESS WIRE--Nov. 20, 1995--Equity Inns, Inc. (Nasdaq/NM:ENNS) today announced the acquisition of the 180-room Comfort Inn located in Jacksonville Beach, Florida, for $8.5 million. The acquisition of this Comfort Inn, which is expected to close tomorrow, increases the number of hotels Equity Inns owns or has under contract...
- Research articles 1995-11-20
- Equity Inns, Inc. Increases Cash Dividend For The Third Time; Annualized Rate Of $1.04 Equal To A Current Yield Of 8.9%
- MEMPHIS, Tenn.--BUSINESS WIRE--Sept. 6, 1995--Equity Inns, Inc. (NasdaqNM:ENNS) today announced that its Board of Directors has voted to increase the Company's regular quarterly cash dividend for the third time since the Company completed its initial public offering in March, 1994. The increase of $.02 two cents per share, or...
- Research articles 1995-09-06
- Equity Inns, Inc. Announces 9% Increase In Cash Dividend; Annualized Dividend At $.96 Per Share
- MEMPHIS, Tenn.--BUSINESS WIRE--March 14, 1995--Equity Inns, Inc. (Nasdaq/NM:ENNS) today announced that its Board of Directors has voted to increase the Company's regular quarterly cash dividend 9% to $.24 (twenty-four cents) per share.The previous quarterly dividend amount was $.22 (twenty-two cents) per share. The increased dividend is payable April 27,1995,...
- Research articles 1995-03-14
- Equity Inns, Inc. Reports Fourth Quarter And Year-End Results
- MEMPHIS, Tenn.--BUSINESS WIRE--Jan. 24, 1995--Equity Inns, Inc. (Nasdaq/NM:ENNS) today announced results for its fourth quarter and year ended December 31, 1994.For the fourth quarter, funds from operations were $2,330,066, or $0.21 per share; revenue was $3,487,915; and net income was $1,052,230, or $0.09 per share. The Memphis-based trust was...
- Research articles 1995-01-24
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