Crestline Capital - CLJ- Profile

Crestline Capital Corporation. The Group's principal activity is lodging through management, ownership and leasing of hotels. At 31-12-2001, the Company managed 39 hotels and conference centers located throughout Columbia, leased or subleased 99 limited service hotels, owned equity interest in 5 hotels and owned 31 senior living communities. The Company leases full-service hotels, leases 28 and subleases 71 limited-service hotels managed by Marriott International Inc. The Company operates through its wholly owned subsidiary Crestline Hotel & Resorts Inc. Major brands are Marriott, Hilton, Sheraton, Renaissance, Crowne Plaza, Residence Inn, Holiday Inn and Hilton Garden Inn. In January 2002 the Company disposed of senior living communities activities. Hotel leasing accounted for 87% of 2001 revenues; hotel ownership, 7% and hotel management, 6%. Hotel leasing accounted for 87% of 2001 revenues; Hotel ownership, 7% and Hotel management, 6%