AFM DUCKS OUT ON RAMADA DEAL
By Adnews Staff
Toronto-based AFM Hospitality Corp., operator of Howard Johnson Hotels in Canada, has scrapped its plans to buy Ramada Franchise Canada. AFM announced earlier that it planned to buy Ramada, and expected to have 50 Ramada and 50 Howard Johnson properties in operation by the end of the decade. Currently, AFM has 37 Howard Johnson Hotels in Canada. Advertising for AFM is done by the Cundari Group of Toronto.
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