Schaumburg, IL, November 7, 2000-Hostmark Hospitality Group, one of the
country's largest third party management companies, was named to Real Estate
Forum's Hot List for 2000. The Hot List recognizes companies in the real
estate industry that Real Estate Forum has verified are succeeding in
today's new economy.
Hostmark is honored to be the only third party management firm recognized
among the many distinguished companies in the real estate industry, said
Hostmark Hospitality Group CEO, C.A. Bud Cataldo. Our inclusion on the
Form Hot List underscores Hostmark's unwavering commitment to excellence and
the maximized profitability and asset value we deliver to our clients.
Presently managing over 50 properties, representing 10,980 rooms in the U.S.,
Canada and Egypt, Hostmark has 4,200 employees throughout its system. With
projected revenues of $220 million, the company's management portfolio is
valued at $680 million.
Hostmark Hospitality Group (www.hostmark.com) is one of the country's largest
independent third party hospitality management firms, managing hotels and
resorts worldwide. The company provides a comprehensive range of
repositioning, management support and technical services to hotels, resorts
and conference centers in the United States, Canada and the Middle East.
Hostmark represents a wide range of franchises including Marriott, Hilton,
Sheraton, Radisson, Omni, Embassy Suites, Crowne Plaza, Hawthorn Suites, Best
Inns, Ramada, Holiday Inn, Howard Johnson, Comfort Inn, Days Inn and Clarion.
Founded in 1965, Hostmark has experienced significant growth. Headquartered
in Schaumburg, IL, Hostmark also has regional offices in Orlando, FL;
Washington, DC; Denver, CO; and Cairo, Egypt.
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