Acquisitions:

• Holiday Inn, Cortland, NY | 1992 | Renovations
• Holiday Inn, Vestal, NY | 1993 | Repositioning
• Holiday Inn Arena, Binghamton, NY | 1993 | Renovations
• Valhalla Inn, Kitchener, ON, Canada | 1994 | Renovations and Conversion to 1^st Four Points Sheraton in Canada
• Holiday Inn, Titusville, FL | 1996
• Quality Inn & Suites, Toronto, ON, Canada | 1996