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Hospitality Franchise announces deals.

Hospitalty Franchise announces deals

Hospitality Franchise Systems, Inc. announces that from January through April 1991, 72 franchise agreements were entered into by its two hotel chains, Ramada and Howard Johnson.

Twenty-seven agreements were entered into by Ramada Franchise Systems, Inc. and 45 by Howard Johnson Franchise Systems, Inc. Of the 45 Howard Johnson agreements, 28 are for its economy chain, HoJo Inns. Projections call for the opening of 100 HoJo Inns by year-end.

In the nine months since Hospitality Franchise Systems acquired the Ramada and Howard Johnson franchise systems, the two chains have signed a total of 187 properties. This number includes six new construction sites for Ramada, five for Howard Johnson and three for HoJo Inn.

There are more than 650 Ramada properties in 40 countries on five continents. In the United States, Ramada Franchise Systems, Inc., has more than 550 inns, hotels and resorts with nearly 95,000 rooms.

Howard Johnson Franchise Systems, Inc., is a chain of nearly 475 hotels, suites, lodges and HoJo Inns throughout North America.
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Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Jun 5, 1991
Words:171
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