| SCHAUMBURG, Ill. �13 Oct 1999 - Hostmark Hospitality Group is
well on the way to expanding an international presence with 17 development
projects in Egypt that will include the first Hostmark branded resort at
Taba on the Egyptian Rivera and its first international regional office
in Cairo. Franchises of the projects include Ramada Plaza, Howard
Johnson Plaza and Wyndham.
The international expansion underway for the Schaumburg, Ill.-based
company includes a master license agreement for Egypt with Cendant Global
Services B.V. and Howard Johnson International. The first Howard
Johnson property is scheduled to open in November in Sharm El Sheikh on
the Sinai Coast. The resort property will include 366 guest rooms
and three restaurants in an area of renowned scuba diving and snorkeling.
The first Hostmark flag is planned for Taba scheduled for a March, 2000
opening. The hotel with 291 guest rooms and 15 luxury suites will
be 210 miles from Cairo and 10 miles from Israel and Jordan.
The new Hostmark regional office in Cairo will provide operational, sales
and marketing support for all planned properties.
Under the Cendant agreement, Hostmark will bring eight plaza properties
into the Howard Johnson System within the next five years. �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.
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