|Schaumburg, Ill. – Hostmark Management Group has changed
its name to Hostmark Hospitality Group, effective immediately, and on April
1 will move its corporate headquarters to expanded space at 1111 Plaza
Drive in Schaumburg, Ill.
“Hostmark is known for its excellent management expertise, but our new name reflects the many types of other services we offer to the hospitality industry,” said Chairman and Chief Executive Officer C.A. “Bud” Cataldo. These services include design, development support, construction and franchise evaluation. The new headquarters provide 14,262 square feet of office space for the staff of 45.
“Our overwhelming success has caused phenomenal growth, so we needed more space for expanded services in sales and marketing, information systems, development support and marketing analysis,” continued Cataldo. “Although we have a new headquarters and new name, Hostmark will continue as the hospitality management company committed to excellence of service.”
The company is an industry leader in turnarounds, achieving solid results
for clients such as Oaktree Capital Management, CIGNA, Metropolitan Life,
ING Realty Partners and GE Capital.
Also Hostmark Hospitality Group announced the expansion of the company’s development presence with a Boulder, Colorado office. Hostmark plans to expand its presence in the Western marketplace through development, acquisition and third-party management.
“We are very excited about the opportunity to bring Hostmark’s broad base of experience to additional clients in the Western marketplace,” said Jerome Cataldo, executive vice president of development for Hostmark. “A Denver area office positions us strategically to pursue opportunities in the Western U.S. and beyond.”
Hostmark currently manages the Aspen Club Lodge in Aspen and the Harrison Hot Springs resort in British Columbia. Michael Stone, a principal of Hostmark, manages the Denver office.
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.
Franchises represented include Marriott, Hilton, Sheraton, Radisson, Omni, Embassy Suites, Crowne Plaza, Ramada, Holiday Inn, Howard Johnson, Days Inn, Choice Hotels and independent resorts.
Hostmark also has offices in Orlando, FL; Washington, D.C.; and Cairo, Egypt. More information about Hostmark is available on its web site, www.hostmark.com.
|Also See:||Hostmark Signs Master License Agreement in Egypt with Howard Johnson International / April 1999|
|Hostmark Management Group Adds Three New Properties / March 1999|