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FORT LAUDERDALE, January 18, 2000 � After more than three
years of solid foundation-building, Choice Atlantica Hotels now has 11
operating hotels, with 12 units scheduled to open in 2000. An additional
37 projects have been contracted and are underdevelopment and CAH expects
to sign its 50th property early this year.
Since 1996, Choice Atlantica Hotels has been providing South American business and leisure travelers with lodging choices that were previously rarely seen in prime markets such as Sao Paulo, and Buenos Aires, and virtually non-existent in secondary markets like Campinas, an important commercial city in the state of Sao Paulo. The company specializes in providing high-quality, mid-level lodging choices with a client solutions oriented management and support program. The group owns the master franchise for development of Choice Hotel products in Brazil, Argentina, Chile, Peru, Ecuador, Paraguay, Uruguay and Bolivia. Among the company�s brands are Sleep Inns, Comfort Inns, Hotels & Suites, Quality Inns, Hotels & Suites, and Clarion Inns, Hotels, Suites & Resorts. All four franchise flags provide clean, safe, comfortable facilities at rates business and leisure travelers can afford. While the hotels offer different rate and service options, they consistently feature a high level of quality. One reason for the group�s rapid success is the formation of strong partnerships with investors and investment groups. In 1998, for example, CAH teamed with Darby Overseas Investments, a major investment fund which made a commitment to help CAH achieve its goal of 140 hotels by 2003. The group has successfully partnered with several smaller investors as well. Additionally, CAH is staffed by professionals with international lodging industry experience. A full-service hotel company, the group works with investors and hotel owners in a full management capacity or by providing sales and marketing and technical services support and expertise. The Choice Atlantica Hotels portfolio presently includes four hotels in Brazil, four in Argentina, one in Uruguay and two in Chile. Choice Atlantica Hotels� most noteworthy achievements in 1999 include:
Based in Sao Paulo, Choice Atlantica Hotels is the fastest growing hotel management and franchise company in South America. It also has offices in Fort Lauderdale, Buenos Aires and Santiago, Chile. |
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