Quiznos Teams with HMSHost Corporation to Extend Quiznos Brand to New International Markets in India
Toasted Subs Pioneer Inks Five Year/50 Unit Agreement with HMSHost
Denver--(BUSINESS WIRE)--Quiznos, a global leader in Quick Service Restaurants and pioneer of the toasted sandwich, and HMSHost Corporation, a world leader in dining and shopping for travel venues, have announced an agreement to develop three Quiznos restaurants in India by 2010. This announcement is part of a master agreement between Quiznos and HMSHost to develop up to an additional 50 Quiznos units over the next five years in locations under review now.
"We're pleased to work with Quiznos to bring this unique made-to-order concept with its fresh ingredients and famous baked bread to travel venues in India," said Vince Modica, Senior Vice President Concepts and Standards, HMSHost. He added, "HMSHost operates 50 Quiznos restaurants in North America currently and as a result, we know that a high-quality, freshly toasted product is what travelers worldwide want to find in airport dining choices."
"We are very excited about our long-standing relationship with HMSHost and are eager to roll out this next phase in our development," said Rob Streett, Vice President of Non Traditional Development for Quiznos. Streett continued, "This agreement further supports Quiznos' plan to augment our store growth with strategic operators that possess proven experience and a track record of success. The HMSHost agreement also supports our ability to accelerate growth in our international business by providing a strong platform to continue expansion throughout the Asia Pacific Rim."
In addition to the U.S., Quiznos operates restaurants in Canada, Central America, the United Kingdom, Korea and the Middle East.
Celebrating its 27th anniversary, Denver-based Quiznos is a national chain designed for today's busy consumers who are looking for a tasty, freshly prepared alternative to traditional fast food restaurants. Using premium quality ingredients, Quiznos restaurants offer creative, chef-inspired recipes for sandwiches, soups and salads. With more than 5,000 franchise restaurants, Quiznos is one of the fastest growing quick service restaurant chains. In December 2007, the Quiznos management team was named the "Best New Class" by QSR Magazine. In October 2007, Quiznos was recognized for leading the QSR industry in wait time performance by the Mystery Shopping Providers Association's (MSPA) 2007 Wait Time Study. In May 2007, Zagat's consumer surveys listed Quiznos in the top 5 for Top Food, Top Facilities, Top Service and Top Overall, ahead of its direct competitors. In June 2006, Nation's Restaurant News ranked Quiznos in its Top 100 Restaurant Chains as the #1 restaurant chain in growth in number of units -- five years in a row. Entrepreneur magazine in January 2006 ranked Quiznos in its annual Top Franchise 500 as the #2 Best Overall Franchise and QSR magazine ranked the chain in its Top 50 Chains in August 2005 as #3 by change in system-wide sales.
HMSHost is a world leader in creating shopping and dining for travel venues. HMSHost operates in more than 100 airports around the globe, including the 20 busiest airports in North America. The Company has annual sales in excess of $2.6 billion and employs more than 33,000 sales associates worldwide. A part of Autogrill S.p.A., HMSHost and the rest of the Autogrill Group are recognized leaders in travel restaurants and retail. With sales exceeding €4.8 billion, Autogrill is present in 42 countries with more than 5,300 points of sale in more than 1200 locations (including 216 airports and 704 motorways) where 68,000 employees serve over 890 million customers every year.