AFM Hospitality Corporation Goes Global With Aston Hotels.Business Editors SEATTLE--(BUSINESS WIRE)--Aug. 29, 2001 Leading North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Hotelier to Manage ASTON Luxury Hotels From Canada to Asia-Pacific Romantic Niagara Falls Niagara Falls, waterfall, United States and Canada Niagara Falls, in the Niagara River, W N.Y. and S Ont., Canada; one of the most famous spectacles in North America. The falls are on the international line between the cities of Niagara Falls, N.Y. or the beaches of Bali -- 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.) can offer newlyweds the honeymoon of their dreams thanks to a new agreement covering ASTON hotels from Canada to Asia-Pacific. Under a multi-year affiliation agreement announced today with AST (AST Computer, Irvine, CA) A PC manufacturer founded in 1980 by Albert Wong, Safi Quershey and Tom Yuen (A, S and T). It offered a complete line of PCs that sold through its dealer channel. International LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control of Jarkarta, Indonesia, AFM Hospitality Corporation immediately begins sales and marketing activities for six luxury ASTON resorts located in Indonesia and Guam. Based in Toronto, AFM Hospitality Corporation is parent company of Northwest Lodging International based in Seattle. ASTON Hotels & Resorts (www.AstonCanada.com) offer tourists and business travelers four-diamond-plus and five-star conference and resort hotels and condominiums serving short and extended-stay needs. Overlooking spectacular ocean vistas with sparkling palm-tree-rimmed pools, the two Guam properties are located in prime resort destinations. The Aston(R) Inn on the Bay (70 studio, one-bedroom and two-bedroom suites), features panoramic views of Agat Bay and the Pacific Ocean, snorkeling equipment, kayaks and bikes. The Aston(R) Holiday Plaza Hotel (130 rooms) offers multilingual cables services, poolside bar, scuba dive shop and barbecue facilities among its many amenities. The four Indonesian resorts are nestled between the South China Sea and the Indian Ocean. The Jakarta properties -- The Aston(R) Atrium Hotel (368 rooms including a Presidential Suite), Aston(R) Hotel Jakarta (298 two and three-bedroom units), and Aston(R) Jimbaran Hills Resort (64 suites) -- feature fitness centers, beauty salons, conference centers, swimming pools and more. The Aston(R) Bali Resort & Spa, a 189-room, five-star hotel located in Tanjung Benoa Village in southern Bali, is an exotic getaway favored by pleasure-seekers. Features including six restaurants, two cocktail lounges, private balconies, ocean views, the Biwana Spa and tranquil, uncrowded beaches ensure memories of paradise that will be savored for a lifetime. The agreement with AST International marks a move into the global hospitality marketplace for AFM Hospitality Corporation, which is expanding the ASTON(R) brand in Canada with new properties in Niagara Falls, White Rock, B.C. and downtown Vancouver. New-build properties have also been proposed in Osoyoos, Nanaimo, Victoria and Summerland , B.C. "Global marketing synergies add significant value to both existing and prospective Aston Canadian licensees. This agreement with AST International will be a key driver for our business growth beyond North America," 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. "As a hotel franchisor and full-service international management company, we can assist regional companies who may not have the infrastructure in place to provide an entire range of services." The agreement with AST International is the company's first major expansion outside of North America. AST International has been selected as the preferred management company of Aston Hotels & Resorts International for Asia and the Pacific Rim (outside of Hawaii), including Australia, China, Indonesia, Japan, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , the Philippines, Singapore, Taiwan, Thailand and others. More than 40 properties now carry the Aston Brand worldwide. Charles Brookfield, President & CEO of AST International, says, "We're very proud of our new affiliation with AFM Hospitality Corporation. This agreement creates many opportunities to accelerate our growth. AFM Hospitality Corporation provides us with a tremendous boost to our sales and marketing presence in North America." 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), Park Plaza, Park Inn, 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 Hospitality Corporation 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 system-wide sales for branded hotels in its franchise portfolio and properties operated by the company exceed 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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