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Hostmark  Signs Master License Agreement in Egypt with Howard Johnson International
 
SCHAUMBURG, Ill. – Hostmark Hospitality Group announced that it has signed a master license agreement for Egypt with Cendant Global Services B.V. and Howard Johnson International.

Under the agreement, Hostmark will bring eight plaza properties into the Howard Johnson System within the next five years.  The first property, the Howard Johnson Plaza Resort in Hurgada, will celebrate its grand opening in mid-June.

“We have a long and positive association with Cendant in the United States and we are very excited about the opportunity of bringing the Howard Johnson name to Egypt,” said Robert Cataldo, Hostmark’s President and COO. 

Hostmark Hospitality  Group is the largest privately held independent third-party hospitality management and development firm in the country, operating more than 41 hotels and resorts worldwide.

Founded in 1965, Hostmark is a full service management firm providing sales & marketing, human resources, food & beverage operations, accounting, finance, information systems, construction, design, development support and consulting services to full-service and 
limited-service hotels, resorts and conference centers in the United States, Canada and the 
Middle East. 

Hostmark has achieved solid results for clients such as Oaktree Capital Management, CIGNA, Metropolitan Life, ING Realty Partners and GE Capital.  Franchises represented include Marriott, Hilton, Sheraton, Radisson, Omni, Embassy Suites, Crowne Plaza, Hawthorne Suites, Ramada, Holiday Inn, Howard Johnson, Days Inn, Choice Hotels and independent resorts.
Headquartered in Schauamburg, Ill, Hostmark has offices in Orlando, Fla; Washington, D.C.; Denver, Colo; and Cairo, Egypt.  More information about Hostmark is available on its website, www.hostmark.com.
 

About
Hostmark Management Group provides turnkey hotel management solutions designed to maximize profitability by increasing revenues, reducing costs and improving efficiency. While we are a global organization, our business ethic is hands-on and responsive. Our top executives, some of the industry’s most experienced and respected leaders, are highly accessible to our clients. And while key business functions, such as marketing and purchasing are centralized through our corporate offices, we maintain regional offices to facilitate seamless coordination between corporate and property-level management.

Hostmark is a national hotel management company with an established reputation and expertise in managing resort, full- and limited-service properties. Our company is recognized for its success in improving a property’s bottom-line, including a significant amount of experience in turnaround situations, especially in situations requiring major renovations or property repositioning. One of Hostmark’s key strengths is its ability to analyze hotel investment opportunities and accurately access the up-side potential. Additionally, Hostmark has an extensive network of relationships in the hotel industry.

We believe no two hotels are exactly alike, with this premise in mind, we tailor management, sales, food & beverage, maintenance and accounting to the regional market, demographics and employee. We perform in-depth market research to determine which marketing venue would best sell this hotel? What style of food & beverage would best compliment the hotel’s guest or potential walk-in business? How do we cut costs? Is it through centralized sales efforts, centralizing accounting, or would centralized purchasing save the hotel the funds needed to remodel or update an image?

Hostmark has seen most every dilemma through their management of hundreds of hotels over many years of hotel service. We provide what your hotel needs most, a fresh perspective from some of the industries most experienced, knowledgeable and respected leaders. Hotel management and increasing profits is what we do.

 
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Contact:
Jane Kaplan or Karen May
847/564-9922
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Also See: Hostmark Management Group Adds Three New Properties / March 1999 
Egypt's Red Sea Resorts - trends and opportunities - / Arthur Andersen / Summer 1998 

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