Winston Hotels, Inc. (NYSE: WXH), today announced that the Company will announce financial results for the first quarter ended March 31, 2006 prior to the opening of the market on Tuesday, May 9, 2006. Also, on May 9th at 10 a.m. (EST) Winston Hotels, Inc. will host a conference call to discuss the results. To hear the call, please dial 888-639-6207. Please state that you are dialing into the Winston Hotels, Inc. first quarter results call. A replay of the call will be available for seven days after the call by dialing 800-475-6701 access code #826983. The call can also be accessed via the Internet live or as a replay at www.winstonhotels.com. The conference call will be available for replay on the Company's web site shortly after the call and for 30 days thereafter. About the Company Raleigh, North Carolina-based Winston Hotels, Inc. is a real estate investment trust specializing in the development, acquisition, and repositioning of, and provision of subordinated financing to, premium limited-service, upscale extended-stay and full-service hotels, with a portfolio increasingly weighted toward the leading brands in the lodging industry's upscale segment. The Company currently owns or is invested in 54 hotel properties in 17 states having an aggregate of 7,395 rooms. This includes 47 wholly owned properties with an aggregate of 6,447 rooms, a 60 percent ownership interest in a joint-venture that owns one hotel with 138 rooms; a 49 percent ownership interest in a joint venture that owns one hotel with 118 rooms, a 48.78 percent ownership interest in a joint venture that owns one hotel with 147 rooms, and a 13.05 percent ownership interest in a joint venture that owns four hotels with an aggregate of 545 rooms. The Company also currently has loans outstanding to owners of 15 hotels with an aggregate of 3,480 rooms. These loans total $38.8 million. The company does not hold an ownership interest in any of the hotels for which it has provided financing. For more information about Winston Hotels, Inc. visit the company's Web site at www.winstonhotels.com.
Winston (NYSE:WXH)
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