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Steven J. Belmonte, President and CEO of Ramada 
Franchise Systems Inc., Named Chairman of the 
American Hotel Foundation

PARSIPPANY, N.J., Dec. 5, 2000 - Steven J. Belmonte, president and chief executive officer of Ramada Franchise Systems Inc. and executive vice president of Cendant Corporation�s Hotel Division, has been named chairman of the American Hotel Foundation.

Belmonte was elected during the organization�s board of trustees meeting
in New York earlier this week. His one-year term will begin on January 1,
2001.  He succeeds Thomas F. Hewitt, who served three consecutive years.
Belmonte, who has served as an AHF trustee for more than six years,
currently is chairman of the organization�s recently established New Century
Fund Campaign and has been the foundation�s secretary for the last three
years.  He assumed the additional role of vice chairman in July 2000.
 

Earlier this year, he was also a major force in implementing an AHF Industry Awareness Campaign.

Belmonte will play an integral part in developing a fund-raising initiative through the New Century Fund Campaign to provide scholarships for undergraduate students and hotel employees. The fund also will enable AHF to develop and enhance training programs, fund research initiatives and support the industry in utilizing the latest technology services.

During Belmonte�s two-year term as chairman of the AHF�s Fund Development Committee, the support for the organization�s annual giving campaign grew from zero to nearly $100,000.

�My involvement with the AHF allows me to have a proactive � not a reactive � role in the hospitality industry,� said Belmonte. �Supporting the work of AHF is an investment in the future of hospitality and our future in  it.�

Douglas Viehland, AHF president, said the organization has been �blessed with leadership� during the previous decade, including the chairmanships of John Sharp, Allen Ostroff and Thomas Hewitt.

�Steve represents our leadership for the start of this new century,� Viehland said.  �Knowing what he has achieved personally and professionally and his proven leadership already on behalf of the foundation, we will be well positioned to assure AHF excels in fulfilling its mission of service to the
lodging industry during his tenure as chairman.�

Belmonte�s support of charitable causes extends beyond the hospitality industry.  He currently serves as board chairman of the Inner City Games and chairman of Childreach�s honorary board.  He has been honored by that organization with its prestigious Humanitas Award.
 

Steven J. Belmonte, President and Chief Executive Officer of Ramada Franchise Systems, Inc.  and Executive Vice President of the Cendant Hotel Division, is a career hotelier. 

A native of Chicago, Mr. Belmonte became the youngest general manager in the history of Holiday Inn when he took over the management of the Holiday Inn O�Hare Airport at the age of 18.  

Currently, Mr. Belmonte is responsible for operation and administration of the Ramada brand, which has over 1,000 hotels and 130,000 hotel rooms throughout the United States.  Mr. Belmonte has presided over Ramada since 1991, and the chain has more than doubled since the acquisition by HFS in 1990. 

Major accomplishments include adding the Ramada Limited® and Ramada Plaza Hotel® tiers, while introducing a new state-of-the-art reservation system and launching the bold �Ramada�s In/Holiday�s Out� advertising campaign.  

As part of his plan to solidly position the Ramada chain in the upper-mid-tier segment, Mr. Belmonte unveiled the revolutionary customer service initiative, Personal Best HospitalitySM.  This comprehensive initiative was designed to teach each and every employee, from the entry-level desk clerk to the general manager, how to give his or her �Personal Best� to make guests� stay at Ramada a comfortable and memorable one. 

Although never graduating from college, Mr. Belmonte ensured that incentives like tuition assistance and professional certification would be a key ingredient of the initiative to foster a career path for Ramada property employees. Mr. Belmonte, however, is the proud recipient of an Honorary Doctorate from Hocking College in Ohio for his leadership of the Ramada chain and for sharing his experience with aspiring hospitality professionals.

Prior to accepting his current position, Mr. Belmonte was the President and CEO of Equity Hotel Corporation, a hotel management firm that he co-founded in 1984. 

Due to his experiences as a franchisee and a hands-on operator, Mr. Belmonte is exceptionally sensitive to the needs of the Ramada franchise community. His goals for the brand are to establish a stronger brand identity among travelers, provide them with a high price/value ratio and thus increase the profitability of Ramada franchise owners. 

Belmonte, a career hotelier and Chicago native, is responsible for the operation and administration of the Ramada® brand, which includes nearly
1,000 hotels throughout the United States.

AHF is a not-for-profit affiliate of the American Hotel & Motel Association.  Over the last 40 years, AHF has provided funding for industry research, granted scholarships to hospitality management students and helped enhance public awareness of the lodging industry.

AH&MA, founded in 1910, is a federation of U.S. state lodging associations
representing some 11,000 hotels and more than 1.4 million rooms.  AH&MA
provides operations, technical, educational, marketing, and communications
services plus governmental affairs representation to the lodging industry.

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Contact:
Ramada Franchise Systems Inc.
http://www.ramada.com
Cendant 
http://www.cendant.com

Also See Ramada Franchise Systems Establishes Internet Access as Standard Amenity; The Fee Set at $9.95 per 24-hour Period for Unrestricted Access / August 2000 
Bennigan�s® Given Top Consideration to Develop Restaurants for Ramada Operators / Dec 1999 


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