Going back ot school isn't just kid stuff anymore.
Here is today's lesson about Holiday Inn - what was, what is and what will be. No exams, no papers to write, just stuff that you might find interesting....or not.
1. Holiday Inn was founded in 1952, by C. Kemmons Wilson. Rumors that Bing Crosby was a major investor and named it Holiday Inn after a movie he was in, are false, but continue to circulate. The chain grew; Wilson franchised the hotels, becomng both a franchisor and franchisee on some of the properties.
2. The first Holiday Inn was in Memphis; the nightly rate was $4 and the pleasantly furnished rooms had telephone and TV.
3. Descendants of C Kemmons Wilson have recently built a new 133 room Holiday Inn in Memphis and prominently display the furnishing of the original Holiday Inn, behind glass, in the lobby. Room rate for the new hotel, is $164 and have flat screen TVs and Wi-Fi
4. Holiday Inn offers 424,000 rooms in 3,300 hotels globally. with more on the way.
5 At one time Holiday Inn was the Number One mid -priced hotel brand. However, in the last decades they dropped their prominence. Size of the chain became a disadvantage, making them less manageable and competitors were building new and better properties, , as noted by Professor Bjorn Hanson, of the NYU Tisch Center for Hospitality, Tourism and Sports Management.
6. In 1999, Wilson sold the Holidiay Inn brand to Bass, the British beer company. Intercontinental was created out of what was the the hotel dividion of Bass.. Intercontinetal Hotel Group now had to figure out what to do with the Holiday Inn. They did serious research in 2003 to decide whether it was worth putting in big bucks to rehabilitate the ailing Holiday Inn brand
7. In 2007, Intercontinental announced a "relaunch" to make the Holiday Inns more appealing to vacationers and business travelers. New lighing, new bedding, . new logo, new landscaping, new furnishing, and pleasant HI scent to waft throughout the public space were just the beginning to upgrade the chain. A Brands Standards Manual was distributed to all franchisees.
8. Hotels that do not comply with the new standards, are being dropped from the chain. But more than 1,000 have already complied.
9. In addition, 1,000 new Holiday Inns are being developed in 47 countries. Seven hundred will be in the US
10. If you studied the above, you now know what was, what is and what will be. and it's all good news.
Holiday Inns will get better and better, a win-win situation for us all.
And don't you just love that new logo!
This information has been summarized from a New York Times four colum article in the business section of the New York Times, August 26,2009.
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Very good Ma'Am. I have a book , it was mentioned on the previous forum, with the History of Intercontinental hotels. It is quite a large work and I am thinking of some type of Summary in the future.
Pan Am and all that. I am intrigued regarding the other brands.