11. In fact, Hospitality Franchise may seek to expand in the real estate business by acquiring other chains as it did with hotel brands, he said. 12. It is also expanding its limited service hotel brand, Holiday Inn Express. 13. ITT owns the Sheraton and Ciga SpA hotel brands. 14. Its hotel business is comprised primarily of weaker hotel brands, which typically fare the worst in a lodging-industry downturn, analysts and investors said. 15. ITT owns the Caesars World casinos and the Sheraton hotel brand. 16. ITT owns the Sheraton hotel brand and Caesars World casinos, while Hilton owns its signature hotels and Bally casinos. 17. Meanwhile Tennant dismissed suggestions that Forte could propose the sale of its Exclusive hotel brand, after securing the long-term management contracts, as a last defense. 18. Pfeffer works for HFS Inc., of Parsippany, N.J., which owns nine hotel brands, including Ramada Inn. 19. Rates at the six hotel brands vary widely but all are considered midscale. 20. The acquisition of Westin would give Starwood a badly needed hotel brand so that it would no longer have to pay franchise fees for its hotels. |