Benchmark Hospitally history

The FT30 Index is the oldest of the indices, and was created to track the UK’s top 30 companies. It was replaced in 1984 with the FTSE100, where IHG is listed today.

However, in 1994 Con Edison substantially reduced its rebate program, robbing Light Savers of its marketing strategy and thus reducing its income.

The first move in this direction came in 1995 with the purchase of AGF Interior Services.

Jefferies & Co. has said in its reports that Hospitality Worldwide Services was in the "right place at the right time." The year 1996 was the most profitable year ever in the United States lodging industry.

Industry profits were projected to rise to somewhere between $16 and $17 billion, a 16 percent rise over 1997's record profits of $14.4 billion.

In 1998, Hospitality Development Services was in the early stages of a joint venture with Prime Hospitality Corporation to develop 20 AmeriSuites over the next two years.

The split completes in April 2003 and IHG becomes a standalone company.

Welcoming athletes and spectators from all over the world, Holiday Inn and Holiday Inn Express serve as official hotel services providers to the London 2012 Olympic and Paralympic Games.

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