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The term "timeshare" was coined in the United Kingdom in the early 1960s, expanding on a vacation system that became popular after World War II. [1] Vacation home sharing, also known as holiday home sharing, involved four European families that would purchase a vacation cottage jointly, each having exclusive use of the property for one of the four seasons.
Holiday Inn Resort (called Holiday Inn Sunspree Resort from 1991 to 2007 [22] [23]) – The properties also offer all the amenities and services of a full-service Holiday Inn; resorts are considered more of an advertising branding than a completely different brand. Most Holiday Inn Resorts are located in high-leisure-tourism markets.
Raintree Vacation Club United States, Mexico, Canada 16 [17] Royal Aloha Vacation Club Honolulu, Hawaii: United States 8 [18] 160 [18] 8,500 [18] Vacation Internationale Bellevue, Washington: United States, Mexico, Canada 44 [19] 42,000 [19] Multi Resort Ownership Plan Salt Lake City, Utah: United States, Mexico 40 [20] Landex Resorts ...
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Holiday Inn agreed to let Vacation Village use 60 of its new rooms as timeshares. [19] [51] Other plans included an underground 118-lane bowling alley, which would be the largest in the world. [19] Horse racing or dog racing was also planned for a 70-acre vacant lot, owned by Howard Hughes Corporation and located north of Vacation Village. [19]
In 1988, after the British government limited the number of pubs that brewers could directly own, Bass further invested in the expansion of its hotel business with the purchase of Holiday Inn International from shareholders. [6] Bass sold off the bulk of Crest Hotels in 1990, and the few remaining properties were absorbed into the Holiday Inn ...
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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 ...
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