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JQ.Hammons buys premier plot

John Q. Hammons Hotels, is acquiring 30 acres of land on Lake of the Ozarks in Osage Beach, Mo., for investment purposes.Strategically located near U.S. Highway 54 on Fish Hatchery Cove, the
acquired property lies along Lake of the Ozarks’ 1,375 miles of scenic
shoreline.  Located in central Missouri, Lake of the Ozarks is the state’s
premier all-around vacation spot and is within a day’s driving time of
major cities in Arkansas, Illinois, Iowa, Missouri, Oklahoma, Tennessee
and Texas.

“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.”