SPPRP Supertel Hospitality, Inc. featured news, full reports, and detailed charts
Supertel Hospitality, Inc. (SPPRP) Wrap Up:
References to “we”, “our”, “us” and “Company” refer to Supertel Hospitality, Inc., including, as the context requires, its direct and indirect subsidiaries. Overview We are a self-administered real estate investment trust (REIT), and through our subsidiaries, as of December 31, 2007 we owned 115 limited service hotels in 24 states. Our hotels operate under several national franchise and independent brands. Our significant events for 2007 include: • purchase of 27 additional hotels; • a second management company, HLC Hotels Inc. was engaged to manage our 15 Masters Inns; and • payment of quarterly dividends on the common stock, for a total of $.4625 per share in 2007, up from $.365 per share in 2006. Recent Events We acquired ten additional limited service hotels on January 2, 2008. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f12%2f0001193125-08-054271.html#FIS_BUSINESS"Supertel Hospitality Inc (SPPRP:NASDAQ)
Snapshot of Supertel Hospitality Inc (SPPRP)
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OPEN
$7.05
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PREVIOUS CLOSE
$7.51
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DAY HIGH
$7.05
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DAY LOW
$7.03
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52 WEEK HIGH
09/15/09 - $8.60
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52 WEEK LOW
01/15/09 - $4.28
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MARKET CAP
10.7M
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AVERAGE VOLUME 3 mo
1.6K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
1.5M
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EX-DATE
11/27/09
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P/E TTM
--
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DIVIDEND
$0.80
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DIVIDEND YIELD
11.38%
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| K = Thousands M = Millions B = Billions | ||
SPPRP Top Compensated Officers
Executives, Board Directors
Key developments for Supertel Hospitality Inc (SPPRP)
Supertel Hospitality, Inc. expected to Report Q3 2009 Results on November 9, 2009. This event was calculated by Capital IQ (Created on November 6, 2009).
Steven C. Gilbert has been named senior vice president and chief operating officer of Supertel Hospitality Inc. effective August 27, 2009. Gilbert joined the company as senior vice president of CAP-EX in July 2001. Gilbert, age 60, had previously served as senior vice president of CAP-EX for Humphrey Hospitality Management Inc. and for old Supertel Hospitality Inc. Gilbert worked in various sales, purchasing and construction management positions prior to joining old Supertel Hospitality Inc. in 1991.
Supertel Hospitality Inc. announced the reorganization of its senior management team with the promotion of four executives to senior executive posts. Among the promotions announced were two key appointments: Connie Scarpello was named chief financial officer and Steve Gilbert was appointed chief operating officer. In addition, Paul Heybrock was promoted to vice-president, controller, and Pat Morland was promoted to assistant vice-president of human resources. Concurrently, the company announced that Don Heimes will step down as chief financial officer, effective August 31. Heimes, 65, has served in that capacity since 2004.
SPPRP Competitors
| Company | Last | Change | |
| No competitor information is available for SPPRP. | |||
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Industry Analysis
| Valuation | SPPRP | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.3x |
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| Price/Book | 0.4x |
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| Price/Cash Flow | 2.0x |
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| TEV/Sales | NM | Not Meaningful |
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SPPRP |
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SPPRP transactions
| Type Date |
Target |
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Merger/Acquisition
July 20, 2009 |
Masters Inn in Kissimmee |
More Recent News About Supertel Hospitality, Inc.
More news for SPPRP
Supertel Hospitality, Inc. to Cancel Conversion Rights on Series A Convertible Preferred Stock
NORFOLK, NE--(MARKET WIRE)--Jan 12, 2009 -- Supertel Hospitality, Inc. (NasdaqGM:SPPR - News), a self-administered real estate investment trust, today announced that it has provided the requisite notice to cancel the conversion rights on its Series A Convertible Preferred Stock (NasdaqGM:SPPRP - News) as of February 20, 2009. As a result, holders of the Series A Convertible Preferred Stock cannot convert their shares of Series A Convertible Preferred Stock into shares of Supertel Hospitality's common stock after the close of business on February 19, 2009. The Series A Convertible Preferred Stock was issued in December 2005. The conversion rights on the Series A Convertible Preferred Stock are cancelable after December 31, 2008 if, for at least 20 trading days within any period of 30 consecutive trading days, the closing price of the common stock exceeds the conversion price of $5.66 by more than 30 percent. The closing price of the common stock exceeded $7.36 on at least 20 trading days within the 30-trading day period ending August 24, 2007.The Series A Convertible Preferred Stock is in book-entry form through the Depository Trust Company. Beneficial owners of the Series A Convertible Preferred Stock who wish to ex...Click here to read the whole Article (external link)