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June 30, 2005
Spending so much on hotels, you should own the company
Jameson Inns, which owns 123 economy properties in 13 states, is offering stock as a frequent guest perk. Three million shares have been registered with the SEC for this purpose.- Guests who enroll in the program would have 10 percent of their room charges credited toward the purchase of Jameson stock, now trading near $2.50 a share.
Shares will be provided through a designated broker or the company, based on the average closing price for the last five trading days of each month. Customers won't pay commissions on shares they receive, but will pay fees on shares they sell.
Posted by gleff at June 30, 2005 4:42 AM
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