International Hotel Management Company Hermitage Hospitality Ltd. announced the appointment of David J. Horne as its Moscow-based Director of Development.
Mr. Horne will be responsible for all aspects of hotel development, including activities with major consulting groups and individual investors and developers on various hotel developments in Russia and Former Soviet Union.
Mr. Horne brings a wide array of development and operations experience in the hospitality industry, including development and management experience in both hotel and spa industries. This experience and his in depth knowledge of the Russian market will greatly serve Hermitage Hospitality in its activities across Russia and the countries of the former Soviet Union.
In November, 2004 Hermitage Hospitality announced the signing of Master-License Agreement with Cendant Corporation to franchise Days Inn® hotels in Russia and the other 14 countries of the former Soviet Union.
This agreement covers the nations of Estonia, Latvia and Lithuania as well as all 12 countries of the Commonwealth of Independent States: Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine and Uzbekistan.
The addition of Mr. Horne will allow Hermitage Hospitality to take greater advantage of this landmark opportunity.
Hermitage Hospitality is slated to develop more than 45 Days Inn hotels during the next five years.
The Company specializes in Hotel Management and International Brand Franchising and is the only International Hotel Management Company headquartered in Moscow.
The Days Inn chain has nearly 1,900 hotels in 14 countries across the globe. The chain generated more than $1.3 billion in gross room revenue in 2003.
Cendants Hotel Group, based in Parsippany, N.J., is the worlds largest lodging franchisor with 6,331 hotels representing 507,603 rooms on five continents under the Super 8®, Days Inn®, Ramada®, Travelodge®, Howard Johnson®, Knights Inn®, Wingate Inn® and AmeriHost Inn® brands.
