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Holiday Inn Express was founded in 1990 under the ownership of Bass. [7] Plans at the time called for 250 locations to be open by 1995. [8] The first three hotels under the Holiday Inn Express name all opened in 1990. These were located in Nashville, Tennessee; Abilene, Texas; and Poughkeepsie, New York. All three were converted from existing ...
Holiday Inn Express – These properties originally focused on economy and limited service, very similar to competitors like Comfort Inn/Comfort Suites, Fairfield Inn & Suites by Marriott and Hampton by Hilton, providing only continental breakfast and an exercise room. However newer Holiday Inn Express feature most amenities from the higher-end ...
Fort Riley and Yuma Proving Ground have the first two Candlewood Suites hotels on post in the IHG Army Hotels system. They opened in December 2013. Fort Polk has the first-ever Holiday Inn Express to open on a military installation; Joint Base San Antonio: Largest Candlewood Suites (310 rooms) opened on-post as part of the PAL program [12]
In 2015, IHG acquired Kimpton Hotels, a boutique hotel brand with 62 managed properties, for $430 million. [25] [26] In February 2021, IHG announced an annual loss of $153 million caused by restrictions related to the COVID-19 pandemic. However, the company expected that the Holiday Inn Express brand would help in the recovery process. [27]
Wilson retired from Holiday Inn in 1979. In 1988, Holiday Corporation was purchased by UK-based Bass PLC, followed by the remaining domestic Holiday Inn hotels in 1990, when founder Wilson sold his interest, after which the hotel group was known as Holiday Inn Worldwide. [9] Wilson was the founder of many different kind of companies such as ...
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