Knights InnŽ And Villager Chains Offer $28 Military Rate During May

(Thursday, May 01, 2003) - To celebrate National Military Appreciation Month, the Knights Inn and Villager hotel chains are offering a special flat rate of $28 to all active or retired members of the U.S. military.


The flat rate is offered during the entire month of May at participating locations for single- and double-occupancy rooms. To take advantage of the rate, active or retired members of the military must present a form of military identification during check-in.


Military personnel can book stays by calling either chain's toll-free reservations line and asking for rate code LSGM. Stays at Knights Inn hotels can be booked by calling (800) 843-5644 and stays at Villager locations can be booked by calling (800) 328-7829.


Walk-in customers can ask for the Military Appreciation Month rate, but advanced reservations are recommended to ensure participation and availability.


Anthony Falor, president of the Knights Inn and Villager chains, said: "Our special flat rate for military is a small way we can express appreciation to the brave American servicemen and women who have and continue to protect and serve our country."

Rooms at the LSGM rate may be limited and subject to other restrictions. The discounted rate is only applicable for new reservations or walk-ins.



About Knights Inn
There are 207 Knights Inn hotels in the United States and Canada. All Knights Inn hotels are independently owned and operated under franchise agreements with Knights Franchise Systems Inc. Reservations can be made by calling the Knights Inn toll-free reservation center at (800) 843-5644 or through the company's Web site at www.knightsinn.com. Knights Franchise Systems is a subsidiary of Cendant Corporation (NYSE: CD).

About Villager Franchise Systems
Villager Franchise Systems Inc., an extended-stay chain of 86 hotels representing 9,430 guestrooms in the United States, Canada and Mexico, is a subsidiary of Cendant Corporation (NYSE: CD). For reservations or further information, call the Villager toll-free reservations number, (800) 328-7829, or access the chain's Web site at www.villager.com.

EDITORS: Graphics illustrating this story are available upon request. For more information about Cendant Corporation and trends associated with its businesses, go to www.Cendant.com and click on Media Center. The site includes an archive of news releases, biographies of the company's senior leaders, backgrounders and financial reports.



Media Contact:

Emanuel Naim
Manager, Consumer Media Relations
Cendant Corporation, Hotel Group
(973) 496-0750
emanuel.naim@cendant.com

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Knights Franchise Systems
1 Sylvan Wy.
Parsippany, NJ

Toll Free: (800)758-8999
Fax: (800)643-2107

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