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Howard Johnson by Wyndham, [7] still commonly referred to as Howard Johnson's, is an American hotel brand with over 200 hotels in 15 countries. [6] It was also formerly a restaurant chain, which at one time was the largest in the U.S., with more than 1,000 locations.
After the purchase, BU leased the building to Howard Johnson Co. [10] BU rented out for its students at the hotel when there was a shortage of student housing. [11] [12] On February 5, 1994, about 200 people were evacuated from the hotel after a fire broke out on the top floor of the building. Five people were treated for smoke inhalation. [10]
By 1995, it had acquired the Days Inn, Howard Johnson, Ramada, and Super 8 brands. HFS then expanded into other businesses, and, in 1997, merged with CUC International to form Cendant Corporation. [citation needed] In 2005, Cendant bought the Wyndham hotel brand from the Blackstone Group.
It began in 1990 by buying Howard Johnson's and the U.S. rights to the Ramada brand from Prime Motor Inns for $170 million. [2] [3] In 1992, HFS bought the Days Inn franchise out of bankruptcy for $290 million. [4] This purchase made HFS the largest hotel franchisor in the world, with its brands licensed to 2,300 hotels. [5]
Henry R. Silverman (born August 1, 1940) is an American entrepreneur and private equity investor. Silverman is best known for his role in building Cendant Corporation into a multibillion-dollar business services company that provided car rentals, travel reservation services as well as real estate brokerage services and was also the largest franchisor of hotels globally.
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