YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The first hotel company that John Q. Hammons started and that still has his name attached continues to be active in the real estate industry.
Cincinnati-based Winegardner & Hammons Inc. Hotels and Resorts purchased two properties in the Dayton, Ohio, area for a combined $8.6 million, according to Greene County (Ohio) property records.
Hammons, who died earlier this year at age 94, started Winegardner & Hammons Inc. with former plumber Roy Winegardner in 1958 to begin purchasing properties under the Holiday Inn franchise.
Winegardner & Hammons Inc. started with 10 Holiday Inn properties and would construct nearly three dozen Holiday Inns before Hammons formed John Q. Hammons Hotels in 1969. Hammons went on to develop more than 200 hotel properties in 40 states throughout his 50-plus year career in the lodging industry.
In the latest deal, Winegardner & Hammons Inc., now led by CEO J. Erik Kamfjord, acquired a Holiday Inn and a Homewood Suites by Hilton, according to the Dayton Business Journal.
Read more from the Dayton Business Journal.
Springfield event venue Belamour LLC gained new ownership; The Wok on West Bypass opened; and Hawk Barber & Shop closed on a business purchase that expanded its footprint to Ozark.
TLC Properties loses Edgewood REIT management contract
Buc-ee's sues Marshfield venture Barc-ee's
Senior partner at New York Life Insurance Co. dies
O'Reilly Automotive board approves 15-for-1 stock split
Missouri attorney general asks for return of $177M from FCC
Trump administration to pause $175M in Penn funding over transgender policy