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Holiday Inn is a chain of hotels based in Atlanta, Georgia and a brand of IHG Hotels & Resorts.The chain was founded in 1952 by Kemmons Wilson (1913–2003), who opened the first location in Memphis, Tennessee.
The split was completed on 15 April 2003, establishing InterContinental Hotels Group as an independent company, alongside the pub company, Mitchells & Butlers. [14] IHG's hotel portfolio at the time comprised 3,325 properties, primarily under the Holiday Inn, Crowne Plaza, and InterContinental brands. [15]
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 ...
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.
Westmont Hospitality Group is a company nominally based in Mississauga, Ontario, Canada [1] which owns and manages hotels. It was founded by the Mangalji family. [2] It is one of the biggest hospitality management companies. [3] It currently is managed by Majid Mangalji. [4] The total revenue for this company is $700 million. [citation needed]
Crowne Plaza was established in 1983 as a breakout brand formed as the upscale sister brand to Holiday Inn. [2] The first Crowne Plaza by Holiday Inn hotel opened that year in Rockville, Maryland. [3] In 1988, Bass PLC (today InterContinental Hotels Group) purchased Holiday Corporation and in 1994 the brand was renamed Crowne Plaza Hotels. [4]
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Innovations like the company's Holidome indoor pools turned many hotels into roadside resorts. [3] 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 ...