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Hampton by Hilton, formerly (and still commonly called) Hampton Inn or Hampton Inn & Suites, is an American chain of hotels trademarked by Hilton Worldwide. [2] The Hampton hotel brand is a chain of moderately priced, budget to midscale limited service hotels with limited food and beverage facilities.
In February 2009, Hilton Hotels Corp. announced that its headquarters were moving from Beverly Hills, California to Fairfax County, Virginia. [ 67 ] While Blackstone saw an opportunity to streamline the company and push Hilton's expansion overseas when Blackstone pursued Hilton in 2006 and 2007, the buyout saddled the company with $20 billion ...
In April 2018, the company began rebranding most of its brands to include the Wyndham name, such as "Days Inn by Wyndham", "Ramada by Wyndham", and "Super 8 by Wyndham". [20] On May 30, 2018, Wyndham purchased the La Quinta hotel brand (franchised to 900 hotels with over 89,000 rooms) and its associated management business, for $1.95 billion in ...
In 2004, IHG acquired the Candlewood Suites brand, a midscale extended stay hotel brand with 108 franchised properties in the United States, for $15 million. [ 21 ] [ 22 ] IHG divested its soft drink holdings in 2005, selling its 48 percent stake in Britvic for £371 million through an initial public offering .
The Doubletree Corporation later merged with the Promus Hotel Corporation in December 1997, bringing together the DoubleTree, Red Lion, Hampton Inn, and Embassy Suites brands. [15] In December 1999, Hilton Hotels Corporation acquired Promus Hotel Corporation, which brought Doubletree Hotels and other Promus hotel brands under the umbrella of ...
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To effect the sale of the Holiday Inn hotel business to Bass PLC, Promus was created as a corporate spin-off, holding Harrah's, Embassy Suites, Homewood Suites, and Hampton Inn; Bass then acquired Holiday Corp., which retained only the Holiday Inn assets. [9] The next year, the company's headquarters moved from Reno to Memphis, Tennessee.
Promus Hotel Corporation's beginnings are tied to the original Holiday Corp., which was based in Memphis, Tennessee.Holiday Corp. owned the Holiday Inn hotel chain, but significantly higher competition in the hotel industry and a 1987 financial restructuring that left Holiday Corp. heavily in debt prompted Holiday to sell in August 1989 its Holiday Inn chain (including Crowne Plaza [1]) for $2 ...