|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
“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
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.
|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
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
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.