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Hostmark Hospitality Group Awarded Management Contract for a new 450-room, four-star hotel 
in Rosemont, Ill, 
Being Developed by Affiliate of Jupiter Realty Corporation 
SCHAUMBURG, Ill - February 8, 2000 - Hostmark Hospitality Group has been awarded the management contract for a new 450-room, four-star hotel in Rosemont, Ill, being developed by an affiliate of Jupiter Realty Corporation of Chicago.  The groundbreaking is scheduled this summer and completion is expected in Spring 2002.

Hostmark is providing technical services for the planning and development of the property and will manage the full-service hotel when it opens.  A franchise agreement has been signed with Omni Hotels, a privately owned company of upscale and luxury hotels and resorts.
The site is on the south side of Balmoral Avenue, 1.5 miles from O�Hare International Airport, fronting the Tri-State Tollway, (I-294).  The village plans a sky bridge to connect the new Omni Rosemont to the Rosemont Theater, immediately to the east and a proposed new Rosemont Entertainment Center to the north.  The westward expansion of Balmoral Avenue will provide direct five-lane access to Mannheim Road.

The hotel is being designed by Chicago-based architect Solomon Cordwell Buenz & Associates Inc.  Interiors are being designed by Dallas-based Looney &Associates.

Hostmark Hospitality Group is the largest privately held third-party hospitality management and development firm in the country, operating more than 43 hotels and resorts worldwide.  Founded in 1965, Hostmark is a full service management firm providing sales and marketing, human resources, food and 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.

Headquartered in Schaumburg, Ill, Hostmark has regional offices in Orlando, Fla; Washington, D.C.; Denver, Colo; and Cairo, Egypt.  

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Contact:
 Brian Tkac
847/517-9090 ext. 250
www.hostmark.com

 
Also See: Oaktree Capital Management and Hostmark Turnaround the Lake Lawn Resort in Delavan, Wisconsin / Sept 1999 
Elliott Gayle and Frank Cilona Appointed to Executive Positions with Hostmark / July 1999 

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