Mr. John Q. Hammons has revealed his plans to develop a first-class, luxury property on a 30-acre waterfront location near the Grand Glaize Bridge at the popular Lake of the Ozarks in Osage Beach, Mo.Inspired by Mr. Hammons’ extensive study of chateaus and castles of the world, the 15-story, 320-rooms and suites, European-style property will be called Chateau on Lake of the Ozarks, Osage Beach, Mo., and will feature a spa and over 100,000 gross square feet of meeting space. The hotel and exhibition center will be owned by Mr. John Q. Hammons and managed by Springfield, Mo.-based John Q. Hammons Hotels & Resorts.

Representing Mr. Hammons’ 14th property in Missouri, Chateau on Lake of the Ozarks is slated to open spring 2010 with construction expected to begin spring 2008. The property will be strategically located near the new interchange at U.S. Highway 54 that feeds several major U.S. highways. The hotel will be well positioned along the Lake of the Ozarks’ 1,375 miles of scenic shoreline and offer panoramic views of the lake from three sides of the peninsula. Located in central Missouri, Lake of the Ozarks is the state’s premier all-around vacation spot and attractive for group business with significant interest from St. Louis, Mo.; Kansas City, Mo.; Des Moines, Iowa; Omaha, Neb.; and Chicago. In 1922, Union Electric purchased Lake of the Ozarks to dam and create a power source.

“We’ve been considering Lake of the Ozarks as a prime destination for many years. The time is right to build a luxury, convention center hotel to meet demand and supplement the current supply for potential economic growth to the area,” said Mr. Hammons, founder, chairman and chief executive officer of John Q. Hammons Hotels & Resorts. “We’re creating something truly special that complements our renowned resort gem in Branson, Chateau on the Lake overlooking Table Rock Lake.”

The luxurious, European-style Chateau on Lake of the Ozarks, Osage Beach, Mo., will exude a chic ambience accented by a stylish, modern décor. Guests can relax at its full-service spa. The over 100,000 gross square feet of flexible meeting space will include a 40,000-square-foot grand ballroom and 22 smaller meeting spaces to accommodate gatherings of all sizes.

“It’s with great anticipation that we await the debut of Chateau on Lake of the Ozarks. We recognize the impressive hotel and exhibition center’s significant potential for attracting additional leisure and group business to the area,” said Mayor Penny Lyons, city of Osage Beach.
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