Hammons expands Utah vision

Mr. John Q. Hammons has announced his expanded vision for
developing 520 hotel rooms and more than 100,000 combined square feet of
flexible meeting space in burgeoning Pleasant Grove, Utah, about a
half-hour from Salt Lake City International Airport.Mr. Hammons
recapped his plans to build a 10-story, 300-suite Embassy Suites Hotel
along with an adjoining convention center. He also added a new dimension
to development plans with his announcement to build a 10-story, 220-room
Courtyard by Marriott. The first development of its kind in the city,
the hotels and convention center will be owned by Mr. Hammons, and they
will be managed by Springfield, Mo.-based John Q. Hammons Hotels &
Resorts.
Construction of the all-suite, luxury Embassy Suites Hotel and the
convention center is expected to kick off in June 2007 with an anticipated
opening in October 2008. The groundbreaking for the Courtyard by Marriott
is slated for 2008 followed by a 2009 debut. Once operational, the
facilities are expected to create the equivalent of 350 to 400 full-time
jobs.
Strategically located in Utah County (pop. approx. 415,000) at what is
being touted as the area’s $350 million intersection, the development is
a short distance from major cities, including Salt Lake City (downtown 28
minutes), and will be an ideal lodging choice for group, business and
leisure travelers. The hotels and convention center will also be easily
accessible from Brigham Young University (12 minutes) and Utah Valley
State College (eight minutes), comprising a combined student population of
more than 70,000. In addition to Salt Lake City International Airport, the
site is in close proximity to the Provo Airport. The development also is
near major business hubs and popular Strategically located in Utah County
(pop. approx. 415,000) at what is being touted as the area’s $350 million
intersection, the development is a short distance from major cities,
including Salt Lake City (downtown 28 minutes), and will be an ideal
lodging choice for group, business and leisure travelers. The hotels and
convention center will also be easily accessible from Brigham Young
University (12 minutes) and Utah Valley State College (eight minutes),
comprising a combined student population of more than 70,000. In addition
to Salt Lake City International Airport, the site is in close proximity to
the Provo Airport. The development also is near major business hubs and
popular ski destinations, such as Alta and Snowbird Ski areas (35
minutes), Park City Ski area (40 minutes), and Sundance Ski area (25
minutes). Located nearby are several large corporate demand generators
such as Novell, Nu Skin, Altiris and IM Flash.
In a 2006 special report on ‘The Best States for Business,’ Forbes
magazine ranked Utah #4. The significant hotel and convention center
development represents Mr. Hammons? entrée into Utah.

“The time is right to build upscale accommodations to meet the demand of
the impressive growth being experienced by Utah County. We foresee that
growth continuing and requiring an additional hotel property beyond our
initial plans,” said Mr. Hammons, founder, chairman and chief executive
officer of John Q. Hammons Hotels & Resorts, LLC. “The John Q. Hammons
brand is known for exceeding guests’ expectations. We will leverage the
breath-taking mountain landscape and four-season recreation environment
afforded by the area to complement the overall guest experience.”
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