“We have been considering Lake of the Ozarks as a prime destination for
many years,” said Mr. John Q. Hammons, founder, chairman and chief
executive officer of John Q. Hammons Hotels & Resorts, LLC. 

He added, “We look
forward to working with the city of Osage Beach to provide new economic
growth to this beautiful area, and we are entering into a market study to
determine if a luxury hotel or resort, convention and exposition center
and/or an upscale condominium development are best suited for the land.”
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