TORONTO Fairmont Hotels & Resorts signed a letter of intent to join Marriott International, Hyatt Hotels Corp., Bass Hotels & Resorts, and ClubCorp USA in founding Avendra LLC. The new company will be the largest Internet-enabled business-to-business hospitality procurement company in the world, poised to provide the hospitality industry with access to thousands of products and services that deliver superior pricing, quality and service. Avendra will be formally launched during the first half 2001, with headquarters in Montgomery County, Maryland and regional offices in Toronto, Calgary, Vancouver, Montreal, Atlanta, Chicago, Dallas, San Francisco and other key areas. (1/23/01)
Previous ArticleMarriott Names 1st Vacation Club In Asia
Next Article Marriott To Release 4Q Earnings