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MHI Hospitality Corp. (MDH)On Nov 18: 3.15   0.00 (0.00%)  
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MHI Hospitality Corp.
4801 Courthouse Street
Suite 201
Williamsburg, VA 23188
United States - Map
Phone: 757-229-5648
Fax: 757-564-8801
Web Site: http://www.mhihospitality.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:REIT - Hotel/Motel
Full Time Employees:10

BUSINESS SUMMARY 
MHI Hospitality Corporation, a real estate investment trust (REIT), engages in the ownership and operation of upper upscale and midscale hotels in the mid-Atlantic and southeastern United States. As of March 15, 2006, the company operated seven upper upscale and midscale hotels with 1,673 rooms under the brand names ‘Hilton’ and ‘Holiday Inn’. It also owns leasehold interests in the commercial spaces of the Shell Island Resort, a condominium resort property. The company has elected to be treated as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. MHI Hospitality has strategic alliance agreement with MHI Hotels Services LLC. The company was founded in 1957 and is based in Williamsburg, Virginia.
Key Statistics

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    CORPORATE GOVERNANCE 
    MHI Hospitality Corp.'s Corporate Governance Quotient (CGQ®) as of 1-Nov-08 is better than 70.9% of CGQ Universe companies and 35.3% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Andrew M. Sims , 51
    Chairman, Chief Exec. Officer, Pres of MHI Hotels Services
    $ 375.00KN/A
    Mr. William J. Zaiser , 62
    Chief Financial Officer, Exec. VP, Sec., Treasurer of MHI Hotels Services
    $ 240.00KN/A
    Mr. David R. Folsom , 43
    Chief Operating Officer and Exec. VP
    $ 210.00KN/A
    Mr. Kim E. Sims , 53
    Director, Pres of MHI Hotels Services of MHI Hotels Services
    N/A N/A
    Mr. Christopher L. Sims , 49
    Director, VP of Sales & Marketing of MHI Hotels Services and Director of MHI Hotels Services
    N/A N/A
    Dollar amounts are as of 31-Dec-07 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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