Article: Florida Hospitality Group and Howard Johnson sign agreement to develop five hotels. (Howard Johnson Franchise Systems Inc.)

FLORIDA HOSPITALITY GROUP AND HOWARD JOHNSON

SIGN AGREEMENT TO DEVELOP FIVE HOTELS

TAMPA, Fla., Sept. 9 /PRNewswire/ -- A major agreement to develop at least five new Howard Johnson Park Square Inns has been signed by Tampa-based Florida Hospitality Group (FHG) and Howard Johnson Franchise Systems, Inc.

The hotels, which will be the first Park Square Inns in Florida, will be built between 1987 and 1992, at a cost of approximately $50 million.

The announcement represents the first time Florida Hospitality Group has worked directly with Howard Johnson Franchise Systems. Within FHG's expertise is the management and ...

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