Springfield, Mo.-based John Q. Hammons Hotels, Inc. (AMEX:JQH) proudly announces that in recognition of his exemplary financial leadership and strategic counsel, Chief Financial Officer Paul Muellner has been appointed to executive vice president. John Q. Hammons Hotels, Inc. is the nation`s leading independent builder, developer, owner and manager of upscale, full-service hotels, resorts and suites.
As executive vice president and chief financial officer, Muellner continues to direct all financial functions of John Q. Hammons Hotels, Inc., including overseeing the company`s finance department, controller, audit staff, information technology and investor relations, as well as providing strategic financial leadership and counsel to help guide the company into the future.
“Since joining our team in 1998, Paul Muellner has displayed an outstanding track record of financial success, which is an essential part of the continual growth of John Q. Hammons Hotels, Inc.” said Mr. John Q. Hammons, founder, chairman and chief executive officer of John Q. Hammons Hotels. “Naming him executive vice president is a direct result of the outstanding leadership and contributions he continues to bring to this organization and its financial future.”
Preceding his promotion to chief financial officer, Muellner served as John Q. Hammons Hotels` vice president and corporate controller. In this position, he managed the company`s financial functions, including SEC reporting, forecasting and budgeting. Muellner also managed construction accounting, centralized accounting and correspondence with shareholders and Wall Street analysts, while providing detailed analysis of the company`s operating performance.
Prior to joining John Q. Hammons Hotels, Muellner served as the vice president of finance for Carnival Hotel & Casinos` hospitality group in Miami. During his tenure at Carnival Hotel and Casinos, he was responsible for the company`s overall financial management function, including risk management, centralized accounting and capital spending programs for 30 hotels, which generated $300 million in annual revenues. Muellner`s financial career in hospitality began in 1979 with Marriott Corporation where he served as a financial analyst and staff accountant.
Muellner earned a bachelor of science degree in accounting from the University of Maryland and a master of science degree in accounting from American University.
About John Q. Hammons Hotels, Inc. -
Publicly traded on the American Stock Exchange (AMEX: JQH), Springfield, Mo.-based John Q. Hammons Hotels, Inc. is the nation`s leading independent builder, developer, owner and manager of upscale, full-service hotels, resorts and suites, including: Embassy Suites Hotel, Renaissance, Marriott, Radisson, Residence Inn, Homewood Suites by Hilton, Holiday Inn and Hampton Inn & Suites brands. With 58 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` properties are dominant in their markets. The company`s focus is capitalizing on positive operating fundamentals in the upscale, full-service sector, converting existing hotels to franchise brands and selling mature assets, while reinvesting the proceeds and reducing debt. Over the course of his impressive career in the hotel business, Mr. Hammons has developed 148 hotels.
For more information about John Q. Hammons Hotels, please visit the company`s Web site at www.jqhhotels.com.