Orlando Airport - 17 January, 2000 -

Howard Johnson International Inc. announced today the opening of the newly renovated Howard Johnson Resort Hotel and Suites at the Orlando Airport. The 314-room facility opened 180 rooms and the property is expected to be in full operation by mid-March. This three-story property features Howard Johnson Home OfficeSM rooms, 2,000 square feet of meeting space, and an on-site International House of Pancakes restaurant. The Howard Johnson family is very excited to welcome Orlandos newest, state-of-the-art hotel into the system, said Mary Mahoney, president and CEO of Howard Johnson International Inc. This grand opening is especially sentimental to me because I was involved with this property when it opened its doors over 15 years ago. It is a pleasure to return to this property, especially since it is now a Howard Johnson franchise. Located at 2323 McCoy Rd., the propertys 314 rooms are complete with Howard Johnson Comforts of HomeSM amenities which include in-room coffeemakers, computer dataports and hair dryers. The property also features 45 suites with kitchenettes and 36 Howard Johnson Home OfficeSM rooms. The atrium lobby features a business center, gift shop, ATM and guest services and car rental desk. We are honored to offer our guests a level of hospitality that exemplifies the Howard Johnson brand, said hotel owner Steve Caspi. Located near Disney World and Universal Studios, this hotel is well situated and equipped for business and leisure travelers. The property offers complimentary 24-hour transportation to the Orlando International Airport, which is located under two miles away. The hotel is also just 45 minutes from the beach and Kennedy Space Center. Howard Johnson International, Inc. franchises approximately 500 Hotels and Inns worldwide, including properties in Argentina, Canada, Colombia, Dominican Republic, Ecuador, Israel, Lebanon, Malta, Mexico, the United Arab Emirates, and Venezuela. To make a reservation at any Howard Johnson location, call toll-free in the United States: 800-I-GO-HOJO (1-800-446-4656), or access the chains Internet web site: www.hojo.com. Howard Johnson International, Inc. is a subsidiary of Cendant Corporation (NYSE:CD). CONTACT: Andrew Miller, Howard Johnson International 973-496-8439 andrew.miller@cendant.com. Iris Rider, Director of Sales 407-859-6100 sales@dihjorlando.com

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