Trading Alert for Equity Inns Inc.

0 Comments | M2 Presswire, May, 2007

M2 PRESSWIRE-18 May 2007-Large Cap News: Trading Alert for Equity Inns Inc.(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:18052007 It would only be fair to say that Equity Inns takes an ownership position. The company is a self-advised real estate investment trust (REIT) that invests in and manages mostly mid- to upscale hotel properties.

The company owns or has interests in about 125 hotels (with nearly 15,000 rooms total) in 35 states. Its holdings include limited-service, extended-stay, and all-suite hotels. Equity Inns owns about a third of them under the Hampton Inn name; other brands include AmeriSuites, Residence Inn, Marriott, and Hilton. The REIT outsources property management duties to third-party operators, including Interstate Hotels & Resorts and...

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