PARSIPPANY, NJ- Days Inns Worldwide has signed a master franchise agreement with Bruno Petruzzo and Andrea Cesaretti of Days Master Italia SpA. to develop the Days Inns brand in Italy.
Petruzzo signed a 25-year agreement with the hotel chain to open a total of 500 rooms by 2005. The first hotels are likely to be developed in Milan, Naples and along the Adriatic Coast.
Days Master Italia SpA. is part of Team BMP, an Argentina-based company, which currently holds license agreements to develop Days Inns in four other countries, including Morocco, Argentina, Paraguay and Uruguay. (8/25/00)
