BNET Industries
Market Cap:$31.0M
Last Fiscal Year Sales:$111.6M
- Public
- US
Dow Jones Description
We are a self-administered REIT focused on owning limited service hotels. We currently own 125 hotels in 24 states containing an aggregate of 10,886 rooms. We continue to review acquisition candidates, both portfolios and individual properties. Our acquisition strategy is to buy properties that can generate strong cash flow and benefit from our scale, distribution and asset management. Our senior management team has an average of 15 years experience in the hospitality industry. Our executive officers and directors collectively own approximately 15% of our outstanding common stock.
President & Chief Executive Officer
Kelly A. WaltersNumber of Employees 16
Peer Companies
NAICS Code Hotels (except Casino Hotels) and Motels: 721110
Recent Events
-
Supertel Hospitality Reports 3Q 09
-
Supertel Names Connie Scarpello CFO and Steve Gilbert as COO
-
Supertel names new CFO, 3 other top managers
-
Supertel Hospitality Names Connie Scarpello as Chief Financial Officer and Steve Gilbert as Chief Operating...
-
BRIEF: Supertel Hospitality turns a profit in the second quarter (Omaha World-Herald, Neb.)
-
CEO says Supertel will rebound with the economy
News & Analysis
Filter by
supertel hospitality inc. - All News and Analysis
Verizon, Tyco, Kraft Raising Dividends In This Tough Market
Dividends4Life submits: What if you don't want to spend your retirement managing and worrying about your portfolio? Put it on Auto Pilot, specifically on a Dividend Investing Auto Pilot. Dividends from a quality, well-diversified portfolio are much more predictable than capital gains and best of all, they are passive....
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Kelly A. Walters | President & Chief Executive Officer |
| Paul J. Schulte | President & Chief Executive Officer |
| Corrine L. Scarpello | Senior Vice President and Chief Accounting Officer |
| Donavon A. Heimes | CFO, Treasurer & Secretary |
| Jeffrey M. Zwerdling | Chief Financial Officer and Corporate Secretary |
| David L. Walter | Senior Vice President and Treasurer |
| Steven C. Gilbert | Senior Vice President, Cap Ex |
| Connie Scarpello | Vice President, Finance and Accounting |
| George R. Whittemore | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Allen L. Dayton | Chairman of The Board |
| Patrick J. Jung | Chairman |
| Jeffrey M. Zwedling | Board of Directors |
| Joseph Caggiano | Board of Directors |
| Loren Steele | Board of Directors |
| Steve H. Borgmann | Board of Directors |
| William C. Latham | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Supertel Hospitality Inc. | President & Chief Executive Officer | Current |
| Investors Real Estate Trust | Vice President of Capital Markets and New Business Development | Current |
| Magnum Resources | Senior Vice President & Chief Investment Officer | Former |
| Investors Real Estate Trust | Senior Vice President, Capital Markets & New Business Development | Current |
| Brown Brothers Harriman & Co. | Senior Portfolio Manager | Former |
| University of Nebraska | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Supertel Hospitality Inc. | President & Chief Executive Officer | Current |
| Supertel Hospitality Inc. | Chairman of The Board | Current |
| Organization | Position | Status |
|---|---|---|
| Supertel Hospitality Inc. | Senior Vice President and Chief Accounting Officer | Current |
Jeffrey M. Zwerdling, Esq., Director . Mr. Zwerdling has served as a director of the Company since November 1996. Mr. Zwerdling, age 64, is Managing Partner at the law firm of Zwerdling, Oppleman & Adams in Richmond, Virginia since June 1972. Mr. Zwerdling is a general practice attorney with an emphasis in commercial real estate, corporate law and general litigation. He is currently President and a director of The Corporate Center, owner of a 225,000 square foot office park complex located in Richmond, Virginia. Mr. Zwerdling is a graduate of Virginia Commonwealth University (B.S.) and William & Mary Law School (J.D.).
| Organization | Position | Status |
|---|---|---|
| Supertel Hospitality Inc. | Chief Financial Officer and Corporate Secretary | Current |
| Supertel Hospitality Inc. | Board of Directors | Current |
| Virginia Commonwealth University | Former |
| Organization | Position | Status |
|---|---|---|
| Supertel Hospitality Inc. | Senior Vice President and Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Supertel Hospitality Inc. | Senior Vice President, Cap Ex | Current |
| Organization | Position | Status |
|---|---|---|
| Natx.Com | Vice President and Treasurer, Innowave | Current |
| Supertel Hospitality Inc. | Vice President, Finance and Accounting | Current |
| Mutual, Inc. | Current | |
| Natx.Com | Board of Directors | Current |
| Mutual of Omaha Insurance Company | member | Former |
| PricewaterhouseCoopers | auditor | Former |
| Cooper's Inc. | Auditor | Former |
Allen L. Dayton, Director. Mr. Dayton joined the Company s Board in May 2003, upon election by the Company s shareholders. Mr. Dayton, age 60, has been Chairman of the Board of Video Service of America since 1977 and Southern Improvement Company since 2000. Mr. Dayton is a private investor and his investment holdings include positions in companies operating in the printing, cable television, distribution and real estate industries. Mr. Dayton was previously Chairman of the Kellogg Savings Bank. Mr. Dayton sits on the boards of several business schools, and also serves as a Trustee of the University of Nebraska Foundation.
| Organization | Position | Status |
|---|---|---|
| Video Service | Chairman of The Board | Current |
| Supertel Hospitality Inc. | Chairman of The Board | Current |
| University of Nebraska Foundation | Board of Directors | Current |
| Supertel Hospitality Inc. | Officer | Former |
| University of Nebraska Foundation | Trustee | Former |
Patrick J. Jung, CPA , 60, currently is the Chief Operating Officer with Surdell & Partners, LLC. Prior to joining Surdell, Mr. Jung was with KPMG LLP for 30 years. During that period, he served as a partner for 20 years and as the managing partner of the Nebraska business unit for the last six years. Mr. Jung also serves on the boards of directors of Werner Enterprises, Inc, including its audit and compensation committees, and Supertel Hospitality, Inc, including its audit committee.
| Organization | Position | Status |
|---|---|---|
| Surdell and Partners | Chief Operating Officer | Current |
| L.P. Ataxz | Manager of Burlington | Current |
| Supertel Hospitality Inc. | Chairman | Current |
| The Burlington Capital Group LLC | Chairman | Current |
| Werner Enterprises, Inc. | Board of Directors | Current |
| The Burlington Capital Group LLC | Board of Directors | Current |
| L.P. Ataxz | Board of Directors | Current |
| KPMG International | Former | |
| University of South Dakota | CPA | Former |
| Organization | Position | Status |
|---|---|---|
| Prime Group Realty Trust | Trustee | Current |
| Village Bank & Trust | Director | Current |
| Prime Group Realty Trust | Board of Directors | Current |
| Supertel Hospitality Inc. | Director | Current |
| Supertel Hospitality Inc. | President and Chief Executive Officer | Former |
| Anderson & Strudwick Incorporated | Senior Vice President and Director | Former |
| Supertel Hospitality Inc. | Underwriter | Former |
| Wachovia Corporation | Former | |
| Anderson & Strudwick Incorporated | Director | Former |
| William & Mary | J.D | Former |
| Virginia Commonwealth University | B.S. | Former |
| University of Richmond | Former |
| Organization | Position | Status |
|---|---|---|
| Supertel Hospitality Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bozell & Jacobs | Vice Chairman | Current |
| Supertel Hospitality Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Supertel Hospitality Inc. | Board of Directors | Current |
| Avis Budget Group, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Supertel Hospitality Inc. | Board of Directors | Current |
| Supertel Hospitality Inc. | Executive Vice President | Former |
| Supertel Hospitality Inc. | Founder | Former |
| University of Nebraska - Lincoln | Former |
| Organization | Position | Status |
|---|---|---|
| Supertel Hospitality Inc. | Board of Directors | Current |
| Virginia Polytechnic Institute and State University | Former |
Executive News
-
CEO says Supertel will rebound with the economy
-
Supertel to Outline Strategic Initiatives at Annual Meeting
-
Supertel to Outline Strategic Initiatives at Annual Meeting
-
Supertel reports 2009 Q1 results
-
Supertel Hospitality Reports 1Q ’09 Results
Industry Transcripts by Seeking Alpha
-
Ctrip.com Q3 2009 Earnings Call Transcript
on Nov 11, 2009about CTRP
-
Priceline.com Incorporated Q3 2009 Earnings Call Transcript
on Nov 09, 2009about PCLN
-
International Game Technology F4Q09 (QTR End 09/30/09) Earnings Call Transcript
on Nov 05, 2009about IGT
-
Republic Airways Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 05, 2009about RJET
-
ExpressJet Holdings, Inc. Q3 2009 Earnings Call Transcript
on Nov 04, 2009about XJT


