Avendra Announces Signing Of HEI Hospitality As New Customer

HEI\'s 23 Hotels to Utilize Avendra\'s Comprehensive Procurement Services

Avendra Avendra, the hospitality industry's leading procurement services company, announced the signing of HEI Hospitality, owner and operator of Merritt Hospitality, with 23 first-class, full service hotels in the United States. Merritt will be leveraging virtually all of Avendra's key purchasing programs, including: food & beverage, rooms operations, engineering, administrative, professional & financial services, spa supplies & equipment and, technology & telecommunications. It is estimated when fully rolled out the agreement will add in excess of $20 million in customer spend to Avendra.

"Clearly Merritt recognized the quality and savings they would gain from utilizing Avendra's numerous procurement programs," said Robert Waggoner, senior vice president of Sales and Service for Avendra, "but I also believe they were impressed with the comprehensive services available through Avendra. For example, they can now utilize our data analysis tools to help them drive compliance around Merritt-specified products. Or, they might choose to utilize one of our many Quality Assurance audit services."

"Avendra displayed flexibility to accommodate our unique needs," said Karim Lakhani, senior vice president, Food and Beverage of Merritt. "By using Avendra we believe we will simplify our procurement as well as gain access to a greater number of contracts. For example, their gourmet and specialty food program offers us one-stop-shopping for many of the items that we need for the high-end catering we do at our properties. Previously we had to go out and contract one-by-one for each of these products, which was enormously time consuming. Now, we will simply access Avendra's programs saving us time and money."

About HEI Hospitality
HEI Hospitality, headquartered in Norwalk, Conn., is an ownership/investment firm that owns and/or operates 23 first-class and full-service hotels throughout the United States under such well-known brand names as Marriott, Sheraton, Westin and Hilton. Merritt Hospitality is an independent hotel management company and a wholly-owned subsidiary of HEI Hospitality.

About Avendra
Avendra is North America's leading procurement services company serving hospitality-related industries. Avendra customers gain access to contracts leveraging $2 billion of annual purchases, expert advisory services and in-depth purchasing data and analysis. Through Avendra, customers obtain substantial savings on their purchases and other value added services to improve their operations and bottom line results. Formed in 2001, the company is headquartered in Rockville, MD and has regional offices throughout the United States and Canada. For more information, please call toll free, (866) AVENDRA, visit www.avendra.com, or email inquiries to info@avendra.com.

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