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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.
InterContinental Hotels Group (IHG), marketed as IHG Hotels & Resorts, is a British multinational hospitality company headquartered in Windsor, Berkshire, England. [5] It is listed on the London Stock Exchange and the New York Stock Exchange. [6]
Typical Holiday Inn Express hotels are built from corporate architectural prototypes, and tend to consist of 60–80 rooms, with a mix of suites and standard rooms in North American properties. Because the chain has been undergoing tremendous growth, the majority of Holiday Inn Express hotels are brand new or newly renovated. [13] [14] [15]
In November 2004, Target Corporation purchased the Philadelphia Adam's Mark (opened in 1965 as a Holiday Inn) closing the 23-story building permanently to make way for a new Target store. [14] On July 11, 2006, an unexpected collapse on the north side of the main tower trapped a construction worker helping to demolish the building.
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 ...
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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Drury Hotels Company, LLC is an American hospitality company that operates a chain of mid-scale limited service hotels [1] under the brands Drury Inn and Suites, Drury Plaza Hotel, and Pear Tree Inn. [3] As of 2024, the chain operates more than 150 locations in 27 states. [4]