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Supertel Hospitality, Inc. · Norfolk, NE United States ·(NASDAQ (GM): SPPR)

Company Description

309 N. 5th St.
Norfolk, NE
68701
United States (Map)
Phone: 402-371-2520
Fax: 402-371-4229
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    Supertel Hospitality wants to help business and leisure travelers have a super overnight stay. The self-administered real estate investment trust (REIT) owns 122 limited-service hotels (including economy extended-stay properties) containing more than 10,000 rooms. The hotels are located in 24 primarily midwestern and eastern states and operate under such franchised brand names as Super 8, Comfort Inn, Holiday Inn Express, Days Inn, Ramada, Guesthouse Inns, and Sleep Inn. The hotels are leased to the REIT's taxable subsidiaries, and most are managed by Royco Hotels, with a small number managed by HLC; both are independent contractors. Supertel Hospitality also develops hotel properties on a limited basis. To read the full description, subscribe now.

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    Key Supertel Hospitality, Inc. Financials

    Company TypePublic - NASDAQ (GM): SPPR

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$121.9
    2008 Employees16

    Supertel Hospitality, Inc. Executives

    13 executives listed for Supertel Hospitality, Inc.'s Norfolk, NE location.
    TitleName & BioContact
    ChairmanPaul SchulteNetwork
    President and CEOKelly WaltersNetwork
    SVP and COOSteven GilbertNetwork

    Competition

    Competitive Landscape for Supertel Hospitality, Inc.
    Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.
    Top Supertel Hospitality, Inc. Competitors
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