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Arlington Hospitality, Inc. Obtains Approval to Transfer Listing to Nasdaq SmallCap Market |
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Arlington Hospitality, Inc. (Nasdaq/NM: HOST), a hotel development and management company, today announced it has obtained approval to transfer the listing of its common stock from the Nasdaq National Market to the Nasdaq SmallCap Market. |
The company's common stock listing will be transferred to the Nasdaq SmallCap Market at the opening of business on January 28, 2005. The company's ticker symbol "HOST" will remain unchanged. The listing will remain on the Nasdaq National Market until the transfer is effective.
Kenneth M. Fell, Chairman of the board of directors of Arlington, commented, "We are pleased to be part of the Nasdaq SmallCap Market. The transfer of our listing will be transparent to our shareholders. In addition, this move will reduce our annual listing fees due Nasdaq."
About Arlington Hospitality
Arlington Hospitality, Inc. is a hotel development and management company that builds, operates and sells mid-market hotels. Arlington is the nation's largest owner and franchisee of AmeriHost Inn hotels, a 107-property mid-market, limited-service hotel brand owned and presently franchised in 20 states and Canada by Cendant Corporation (NYSE: CD). Currently, Arlington Hospitality, Inc. owns or manages 50 properties in 15 states, including 47 AmeriHost Inn hotels, for a total of 3,612 rooms, with additional AmeriHost Inn & Suites hotels under development.
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