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Homewood Suites by Hilton is an American chain of all-suite residential-style hotels owned by Hilton Worldwide.As of December 2019, the chain consists of 505 hotels in 4 countries and territories with 57,545 rooms. 490 Homewood Suites hotels are independently owned and operated by franchisees with 55,899 rooms, while 15 hotels are managed with 1,646 rooms. [1]
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 ...
Home2 Suites by Hilton opened its first property in Fayetteville, North Carolina in February 2011. It opened its 50th hotel in 2015. [6]In June 2020, Hilton has signed an exclusive management license agreement with Country Garden's Fanyard Hotels to introduce and develop the Home2 Suites by Hilton brand in China and planned to build more than 1,000 Home2 Suites in China.
Hilton Worldwide Holdings Inc. is an American multinational hospitality company that manages and franchises a broad portfolio of hotels, resorts, and timeshare properties. . Founded by Conrad Hilton in May 1919, the company is now led by Christopher J. Nasse
Its first hotel was a two-story, exterior-entrance building with 128 guest rooms located in Memphis, Tennessee. In late 1989, after some financial difficulties, Holiday Corporation prepared to sell its hallmark Holiday Inn hotels and started the holding company Promus Hotel Corporation, which included Hampton Inn, Embassy Suites, and Homewood ...
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.
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