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MICROS Systems
Micros Systems, Inc. was an American computer company who manufactured hardware and developed software and services for the restaurant point of sale, hotel, hospitality, sports and entertainment venues, casinos, cruise lines, specialty retail markets and other similar markets. Analyst estimates cited in 2003 put Micros' market share at about 35% of the restaurant point-of-sale business. Independently active from 1978 to 2014, Micros is now owned by Oracle Corporation and renamed Oracle Food and Beverage and Oracle Hospitality (two of the global business units at Oracle Corporation). Micros was headquartered in Columbia, Maryland, United States, and the current business unit it still based there. On June 23, 2014, Oracle Corporation announced its intent to purchase Micros Systems for $68 per share in cash for a total value of approximately $5.3 billion. History The company was incorporated in 1977 as Picos Manufacturing, Inc. and changed its name to Micros Systems, Inc. in 197 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Accor
Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. Accor operates 5,584 locations in over 110 countries. Its total capacity is approximately 821,518 rooms (end 2023). It owns and operates brands in many segments of hospitality: Luxury ( Raffles, Fairmont, Sofitel), premium ( MGallery, Pullman, Swissôtel), midscale ( Novotel, Mercure, Adagio), and economy ( ibis, hotelF1). Accor also owns companies specialized in digital hospitality and event organization, such as onefinestay, D-Edge, ResDiary, John Paul, Potel & Chabot and Wojo. The company is headquartered in Issy-les-Moulineaux, France, and is a constituent of the CAC Next 20 index on the Paris stock exchange. History From Novotel to Accor In 1967, Paul Dubrule and Gérard Pélisson founded the hospitality group Société d'inv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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InterContinental Hotels Group
InterContinental Hotels Group (IHG), marketed as IHG Hotels & Resorts, is a British multinational hospitality company headquartered in Windsor, Berkshire, England. It is listed on the London Stock Exchange and the New York Stock Exchange. It is also a constituent of the FTSE 100 Index. As of February 2025, the group employs 375,000 people and operates, franchises and leases more than 6,600 hotels globally. History Bass Hotels The origins of the business may be traced to 1777 when William Bass established the Bass Brewery in Burton-upon-Trent. The company later changed its name to Bass Charrington. Its first entry into the lodging sector came with acquisition of tied public houses. In 1969, it launched the Crest Hotels chain. 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. Bass sold off the bulk o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Carlson Companies
Carlson is an American privately held company headquartered in Minnetonka, Minnesota, United States. Its primary subsidiary is Carlson Private Capital Partners, a family office that manages the owners' wealth. It previously held interests in hotels, including Radisson Hotels, and restaurants, including TGI Fridays. The company is owned by Barbara Carlson Gage and Marilyn Carlson Nelson, daughters of the founder, Curt Carlson. History 1938-1961; foundation as Gold Bond Stamp Company Curt Carlson founded Carlson in 1938. It was originally named the Gold Bond Stamp Company and started with a $55 loan Carlson received from his landlord during the Great Depression. Carlson used "Gold Bond Stamps", a loyalty program based on trading stamps, to provide consumer incentives for grocery stores, supermarkets, and gas stations. The stamps could be redeemed for various items, such as patio furniture or a mink coat. During the 1950s, C. F. Carlson was the nation's largest supplier of mink c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Radisson Hotels And Resorts
Radisson Hotels is a multi-brand hotel chain with a worldwide presence. Its brands include several using the Radisson name, as well as other brands like Park Plaza Hotels & Resorts and Country Inn & Suites. In June 2022, Radisson Hotel Group agreed to sell Radisson Hotels Americas (consisting of the Radisson franchise agreements, operations and intellectual property in the United States, Canada, Latin America and the Caribbean) to Choice Hotels for $675 million. The deal closed on August 11, 2022. Radisson Hotel Group continues to own the brands in the rest of the world. History In 1907, Edna Dickerson came to Minneapolis, Minnesota, from Chicago to collect a substantial inheritance.Jack El-Hai, Lost Minnesota: Stories of Vanished Places (University of Minnesota Press, 2000) p. 48."Back in 1909, the Radisson was the 'jewel' of 7th St.", ''Minneapolis Star Tribune'' (November 1, 1981), Architecture, p. 10, 14. Local business leaders persuaded her to build a hotel in the city, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Starwood Hotels And Resorts
Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. It was acquired by Marriott International in 2016. Starwood was founded in 1969 as a real estate investment trust. In 1995, it was acquired and reorganized by Barry Sternlicht, who was its chairman until 2005 and founder of the Starwood Capital Group. Starwood had 11 brands and owned, managed, or franchised 1,297 properties comprising 370,000 hotel rooms in approximately 100 countries. History Starwood Hotels and Resorts was originally formed by the real estate investment firm Starwood Capital to take advantage of a tax break; at the time the company was known as Starwood Lodging. Initially, Starwood Lodging owned a number of hotels throughout North America, all under different brand names. The Westin Hotel Company was purchased in 1994 from Aoki Corporation of Japan. Starwood acquire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Marriott Hotels & Resorts
Marriott Hotels & Resorts is Marriott International's brand of full-service hotels and resorts based in Bethesda, Maryland. As of June 30, 2020, there were 582 hotels and resorts with 205,053 rooms operating under the brand, in addition to 160 hotels with 47,765 rooms planned for development. History Foundation and early years The Marriott hotel chain began when the Hot Shoppes, Inc. restaurant company decided to diversify into hotels. Its first hotel opened in 1957 in Virginia, the Marriott Motor Hotel, adjacent to The Pentagon and Washington National Airport. The company's second hotel was the nearby Marriott Key Bridge Motor Hotel, which opened in 1959. This was soon followed by Marriott Motor Hotels in Dallas in 1960, Philadelphia in 1961, Atlanta in 1965, and Saddle Brook, New Jersey in 1966. Hot Shoppes, Inc. was renamed the Marriott Corporation in 1967, by which point it was operating 8 hotels. In 1967, Marriott acquired its first resort hotel, the historic Cam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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The Oberoi Group
The Oberoi Group is a luxury hotel group with its head office in New Delhi, India. Founded in 1934, the company owns and operates 32 luxury hotels and two river cruise ships in 7 countries, primarily under its Oberoi Hotels & Resorts and Trident brands. The group also operates The Oberoi Centre of Learning and Development, which is regarded as one of Asia's top institutions for hospitality education. History The foundations of The Oberoi Group date back to 1934 when Rai Bahadur Mohan Singh Oberoi, the founder of the group, bought two properties: the Maidens in Delhi and the Clarkes in Shimla. In the following years Oberoi, assisted by his two sons, Tilak Raj Singh Oberoi and Prithvi Raj Singh Oberoi, continued the expansion of their group with properties both in India and abroad. November 2008 terrorist attack On 26 November 2008, Trident Mumbai was attacked by 2 terrorists, Fahadullah and Abdul Rehman of Lashkar-e-Taiba organization as a part of the 2008 Mumbai attack ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Indian Hotels Company Limited
The Indian Hotels Company Limited (IHCL) is an Indian hospitality company that manages a portfolio of hotels, resorts, jungle safaris, palaces, spas and in-flight catering services. The company is part of India's Tata Group. IHCL was founded in 1902 by Jamsetji Tata, Jamshedji Tata and is headquartered in Mumbai where its flagship hotel Taj Mahal Palace Hotel is also located. The company's hotel chains include Taj Hotels, Taj, SeleQtions, Vivanta, and Ginger Hotels, Ginger. History The company was founded by Tata Group founder and industrialist Jamshedji Tata. He incorporated Indian Hotels Company Limited in 1899 and registered in 1902. The first hotel of the company was opened — The Taj Mahal Palace Hotel in Colaba neighbourhood of Mumbai, Bombay opened in 1903. It was the first five star hotel in India with modern elevators and Russian carpets. In 1980 the Taj Group opened their first international hotels: the Taj Sheba Hotel in Sana'a, Yemen and the Taj Pamodzi in Lusak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Rydges Hotels & Resorts
Rydges Hotels & Resorts, or Rydges, is a hotel accommodation and hospitality provider that operates in Australia and New Zealand. Rydges accommodates one million guests annually, across a range of market segments. Rydges is a subsidiary of the ASX-listed Event Hospitality and Entertainment, a corporation that owns and operates brands in the entertainment, hospitality, and leisure sectors, mainly within Australasia. History Between 1988 and 1995, Rydges grew from eight to twenty-six branded four-star hotels. In the early years, the individual character of the hotels was encouraged with a collection of logos and names designed to suit each location. The Rydges portfolio comprises a range of mid to upscale hotels that cater to corporate travelers in its city locations as well as the holidaymaker in the resort destinations. Over the past few years, Rydges has expanded its activities to Dubai in the United Arab Emirates, Doha in Qatar, London in the United Kingdom, as well as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Hyatt
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational corporation, multinational hospitality company headquartered in the 150 North Riverside, Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across South America, North America, Europe, Asia, Africa and Australia. The Hyatt Corporation came into being upon purchase of the Hyatt House, at Los Angeles International Airport, on September 27, 1957. In 1969, Hyatt began expanding internationally. Hyatt has expanded its footprint through a number of acquisitions, including the acquisition of AmeriSuites (later rebranded Hyatt Place) in 2004, Summerfield Suites (later rebranded Hyatt House) in 2005, Two Roads Hospitality in 2018, Apple Leisure Group in 2021, Sant Si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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Crown Resorts
Crown Resorts Limited is an Australian gaming and entertainment group that owns and operates three integrated resorts, including Crown Melbourne, Crown Perth and Crown Sydney. It was listed on the Australian Securities Exchange until purchased by Blackstone in June 2022. History 2000s The company was established in 2007 when Publishing & Broadcasting Limited (PBL) divested its gambling assets to Crown Limited. PBL was renamed Consolidated Media Holdings, retaining all of the remaining assets. In December 2007, Australian gambling company Crown Limited agreed to buy Cannery Casino Resorts (CCR) for $1.75 billion. The agreement was ended in March 2009, however, with Crown instead buying a 24.5 percent stake in the company for $370 million, and paying a $50 million termination fee. In 2008, Crown attempted to enter the Las Vegas gambling market by acquiring a 19.6 per cent stake in Fontainebleau Resorts for US$250 million, which resulted in a total loss the following ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |