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The company was founded in 1978 by Donald R. Horton. [6] Horton took the company public in 1992, and as of 2020 owned about 6% of the company. [7] In 1997, the company acquired Continental Homes for $305 million and the assumption of $278 million in debt. [8]
The MHINCC distinguishes among several types of factory-built housing: manufactured homes, modular homes, panelized homes, pre-cut homes, and mobile homes. From the same source, mobile home "is the term used for manufactured homes produced prior to June 15, 1976, when the HUD Code went into effect."
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.
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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 ...
Site plans say “Hotel 1” will have 138 rooms and “Hotel 2” will have 111 rooms. They’ll share a pool, fitness center, meeting space and 283 parking spaces.
The chain has purchased several historic buildings for renovation as hotels. [12] [13] Historic buildings that the chain has renovated into hotels include the Union Market in St. Louis (originally built in 1925), [14] the former Cleveland Board of Education building in Cleveland (originally built in 1931) [15] the former City Public Service Building (originally built in 1921) [16] and the ...
By 1958, there were 50 locations across the country, 100 by 1959, 500 by 1964, and the 1000th Holiday Inn opened in San Antonio, Texas, in 1968. [6] The chain dominated the motel market, leveraged its innovative Holidex reservation system, put considerable financial pressure on traditional hotels and set the standard for its competitors, like ...