AFM Hospitality Corporation Appoints Jacques Omnes To Drive Sales Of Northwest Lodging International.Business Editors TORONTO--(BUSINESS WIRE)--Feb. 5, 2001 AFM (Atomic Force Microscope) A device used to image materials at the atomic level. AFMs are used to solve processing and materials problems in electronics, telecom, biology and other high-tech industries. Hospitality Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :AFM) today announced the appointment of Jacques Omnes to Vice President Sales for its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Northwest Lodging International (USA) Inc., with U.S. headquarters in Seattle, Washington. Omnes, who has over 30 years of experience in the hospitality industry, including senior management positions with Coast Hotels, Meridien Hotels, Sheraton and Delta Hotels, will be responsible for sales of Northwest Lodging's managed hotels across the United States. Most recently, Omnes served as Vice President of Franchise Development - Western Region for AFM Hospitality Corporation. In his new role, Omnes will direct all sales activities for Northwest Lodging International. "Since joining AFM last year, Jacques has been an instrumental part of our management team. As we continue to broaden our management services, Jacques will oversee recruitment and direction of our growing sales force," says Stephen Phillips, Vice Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AFM Hospitality Corporation. "With Jacques spearheading sales for our expanding Northwest Lodging International management portfolio, we look forward to accelerated growth across the U.S. and the strengthening of our reputation as a leading lodging management company in North America." Northwest Lodging International (USA) Inc. was acquired by AFM Hospitality Corporation in December 2000. Currently, 12 hotels, located primarily in the U.S. Pacific Northwest, totaling nearly 1,500 rooms, are managed by Northwest Lodging. "With this appointment, we now have the team in place to drive our business to the next level. 2001 promises to be an exciting year for AFM Hospitality Corporation, Northwest Lodging and all our hotel brands," concludes Lawrence Horwitz, Chairman of AFM Hospitality Corporation and co-founder of Northwest Lodging International. About AFM Hospitality Corporation Through its subsidiaries, AFM Hospitality Corporation, which also owns HFS (Hierarchical File System) The file system used in the Macintosh. The first version, known as "Mac OS Standard," was introduced in 1985. HFS+, an enhanced version, came out in 1998 in preparation for the upcoming Mac OS X operating system. Purchasing Services Canada, AFM Asset Management Inc., Northwest Lodging International (USA) Inc. and Northwest Lodging International (Canada) Inc., is the exclusive Canadian Master Franchisor for ASTON(R), Best Inns(R), Hawthorn(R) Suites, Howard Johnson(R), Knights Inn(R), Ramada ra·ma·da n. Southwestern U.S. 1. a. An open or semienclosed shelter roofed with brush or branches, designed especially to provide shade. b. An open porch or breezeway. 2. (R) and Villager(R) Lodge. AFM operates or has open and/or executed franchise agreements with more than 140 hotels in North America, representing an inventory of nearly 14,000 hotel rooms. The company's primary focus is to increase the number of hotels franchised by the respective brands, franchise new brands, build the portfolio of hotel management agreements, and acquire other franchise businesses related to the hospitality industry, while making available property management services. AFM Hospitality Corporation is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (TSE:AFM). AFM Hospitality Corporation's international headquarters is in Toronto, Ontario and its U.S. headquarters is in Seattle, Washington. AFM Hospitality system-wide sales for branded hotels in its franchise portfolio and properties operated by AFM exceeds CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $300 million per year. AFM Hospitality Corporation may be reached at www.afmcorp.com . |
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