Press Conference Provides Updates on Ongoing Development in Larimer County
LOVELAND, Colo. – August 14, 2007 – At a press conference today, Mr. John Q. Hammons joined officials from Larimer County and the city of Loveland to celebrate the progress of construction on the eight-story, 263-suite Embassy Suites – Loveland Hotel® and Spa and adjoining 80,000-square-foot convention center. Representing the first large-scale development at The Ranch Fairgrounds and Events Complex since its opening in 2003, the Embassy Suites – Loveland Hotel and Spa is expected to be the largest hotel north of Denver to Canada upon its anticipated completion in March 2009. The all-suite, luxury hotel will be owned by Mr. John Q. Hammons and managed by Springfield, Mo.-based John Q. Hammons Hotels & Resorts, the nation’s leading independent builder, developer, owner and manager of upscale, full-service hotels, resorts and suites (www.jqhhotels.com).
“We are pleased to be here today with the Larimer County and city of Loveland officials to see the progress being made on this outstanding property,” said Mr. Hammons, founder, chairman and chief executive officer of John Q. Hammons Hotels & Resorts. “With the boom in retail and entertainment development in Larimer County, along with the growing schedule of events at the fairgrounds and events center, there is a need to increase the hotel rooms and meeting space in the area. And we look forward to returning here in early 2009 to celebrate the opening of the property.”
Brief remarks were delivered at the press conference overlooking the hotel’s construction site, with Kathay Rennels, chair of the Larimer County Board of Commissioners, and Don Williams, city manager for the city of Loveland, expressing appreciation for Mr. Hammons’ contribution to the burgeoning development in the area. Also among the attendees were: Glenn Gibson and Randy Eubanks, members of the Larimer County Board of Commissioners; Frank Lancaster, Larimer County Manager; Marc Engemoen, director of public works, Larimer County; Martin Lind, chair of the investment group for the Colorado Eagles Hockey Club; Jerry Helgeson, president, American Eagle Distributing Company; Jay Hardy and Chad McWhinney, both from Loveland-based McWhinney Enterprises; Rocky Scott, president of Centerra (a McWhinney Enterprises development); and Rick Hontz, general manager of the Budweiser Events Center.
“We share Mr. Hammons’ vision for the amazing growth in Larimer County,” said Kathay Rennels, chair of the Larimer County Board of Commissioners. “His successful 49-year career in the hotel industry proves that he can consistently identify the potential in an area and that his investment is often a catalyst for additional development, so we’re pleased that this project has come to fruition.”
The Embassy Suites ─ Loveland Hotel and Spa and the adjoining convention center will reside on 20 acres of land on the northeast quadrant of I-25 and US-34 with convenient access to Greeley; Fort Collins; Estes Park; Cheyenne, Wyo.; Windsor; Longmont; Boulder; and Denver. In addition, the Embassy Suites ─ Loveland Hotel, Spa and Convention Center will be strategically located near a new 1 million-square-foot, 60-acre shopping center being developed by Loveland-based McWhinney. The upscale hotel, spa and convention center will be next to the Fort Collins-Loveland Airport and located near several of northern Colorado’s largest economic drivers, including nearby Hewlett-Packard, Agilent Technologies, Wal-Mart Distribution Center, Hach Company, and one of Anheuser-Busch’s breweries.
“Loveland is proud to be working with Mr. Hammons and John Q. Hammons Hotels & Resorts on this investment in Larimer County,” said Don Williams, city manager for the city of Loveland. “The hotel and convention center will allow us to bring more high-profile events and meetings to our community and will serve as a hub of activity within The Ranch Fairgrounds and Events Complex for both local patrons and visitors.”
Hotel Information
To be built with the signature atrium style of John Q. Hammons Hotels & Resorts, the Embassy Suites ─ Loveland Hotel and Spa will boast an architectural style that complements the design of the adjoining convention center. The hotel’s décor will emit a contemporary flair that invites guests to enjoy the exceptional appointments and outstanding customer service that defines the John Q. Hammons Hotels & Resorts and the Embassy Suites Hotels brands. The hotel will feature a variety of amenities for both business and leisure travelers and will be beautifully decorated to make guests feel at home. Each guest suite will feature a private bedroom and spacious living room, that will be equipped with two televisions, refrigerator, wet bar, microwave oven, coffee maker, two telephones with data ports, high-speed Internet access, spacious work desk and in-room safe boxes. Guests may enjoy a luxurious open atrium with a water feature. The hotel will offer 24-hour room service, same-day dry cleaning, and daily cooked-to-order breakfast. Other features include a fitness center, indoor pool, sundeck, and therapeutic spa treatments at the full-service Spa Botanica, John Q. Hammons’ signature spa.
About John Q. Hammons Hotels & Resorts
Springfield, Mo.-based John Q. Hammons Hotels & Resorts is the nation’s leading independent builder, developer, owner and manager of upscale, full-service hotels, resorts and suites, including: Embassy Suites Hotels, Renaissance, Marriott, Radisson, Residence Inn, Homewood Suites by Hilton, Holiday Inn and Courtyard by Marriott brands. With 73 hotels strategically located near demand generators, such as state capitals, universities, airports, corporate headquarters or office parks in secondary and tertiary markets, John Q. Hammons Hotels & Resorts’ properties are dominant in their markets. Over the course of his impressive career in the hotel business, Mr. Hammons has developed 187 hotels. For more information about John Q. Hammons Hotels & Resorts, please visit the company’s Web site atwww.jqhhotels.com.
