| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Hudson Hotels Trust |
| One Airport Way, Suite 200, Rochester, NY 14624 * (716) 436-1700 |
| The company is a real estate investment trust, (REIT). The company intends to own and acquire stabilized hotel properties that the company believes are undervalued in prevailing market conditions and offer the potential for high current rates of return. |
| Manager | Tier | Phone |
| Morgan Keegan & Company, Incorporated | Lead Manager | (901) 529-5357 |
| NASNTL: | HUDS | Financial: | SIC 6798 | |
| Type of Shares: | Common Shares | Filing Date: | 5/21/98 | |
| U.S. Shares Filed: | 12,800,000 | Filing Range: | $8.00 - $10.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $115,200,000 | |
| Primary Shares: | 12,800,000 | Expenses: | $1,500,000 | |
| Secondary Shares: | 0 | Post-IPO Shares: |
| Issuer's Law Firm: | Hunton & Williams |
| Bank's Law Firm: | King & Spalding |
| Auditor: | Coopers & Lybrand |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 3/31/98 | 3/31/97 | 3/31/98 | ||
| Revenue: | $56.34 | $13.32 | $12.61 | Assets: | $126.98 |
| Net Income: | $1.25 | $0.05 | -$0.43 | Curr Assets: | |
| EPS: | Liabilities: | $113.40 | |||
| Prior EPS: | Curr Liab: | ||||
| Cash Flow/Oper: | Equity: | $13.58 | |||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |