Avendra Renews Contracts With Its Five Founding Customer Partners
Agreements Will Run Through 2010

ROCKVILLE, Md., Avendra announced today that it renewed contracts with its five founding customer partners, ClubCorp, Fairmont Hotels & Resorts, Global Hyatt Corporation, InterContinental Hotels Group, and Marriott International through 2010. The renewed agreements reflect a strong endorsement of Avendra and its ability to add value to supply chain management.
"Today, with our founder contract renewals in hand, healthy financial statements, and a growing list of new customers, we feel very good about Avendra," said Dennis Baker, president and CEO of Avendra. "I believe our success comes from the fact that we have tried to build an organization that is responsive to customers. As a result, we now offer the best purchasing solutions in the hospitality industry as well as a wide range of strategic supply chain management services that help customers support and maximize their brands."
"By using Avendra suppliers, Marriott managed properties have been able to derive significant value," said Robert J. McCarthy, President North American Lodging and Global Brand Management, Marriott International. "Even more, we have utilized Avendra's supply chain expertise in other ways. Recently they were a great help to us in our transition to Zero Trans Fats. They sourced innovative products as well as helped train our culinary teams through a series of webcasts. Long term, we are working with Avendra on a number of other supplier diversity, green, and sustainable initiatives on behalf of our customers."
"We continue to be impressed with Avendra's flexibility to meet our changing needs," said Kirk Rose, CFO of Global Hyatt Corporation. "Over the past year, as Hyatt has been building its Hyatt Place brand, Avendra's product experts have been able to work with us on everything from operational programs to the design of environmentally-friendly landscaping options to give our brand a highly recognizable and consistent look for our customers."
Avendra offers its customers a wide range of flexible purchasing solutions. Its purchasing programs are comprised of over 900 suppliers covering a wide variety of categories – such as food and beverage, uniforms, linens, soaps and shampoos, office supplies, engineering and janitorial supplies and services, kitchen equipment, golf pro shop and golf course maintenance – offering significant cost savings and enhanced service levels. Further, Avendra offers a wide range of related services such as quality assurance, operational consulting, specification development, purchasing reporting and more to help customers optimize their procurement operations.
About Avendra | Avendra is North America's leading procurement services company serving hospitality-related industries. Avendra customers gain access to contracts leveraging over $2.5 billion of annual purchases, expert advisory services and in-depth purchasing data and analysis. Through Avendra, customers obtain substantial savings on their purchases and other value added services to improve their operations and bottom line results. Formed in 2001, the company is headquartered in Rockville, MD and has regional offices throughout the United States and Canada. For more information, please call toll free, (866) AVENDRA, visit /, or email inquiries to [email protected].
Kathy Boyle
+1-301-825-0060
Avendra