Bowling Green Kentucky Accor Hotel
AccorHotels today announced that it has signed an agreement to acquire 21C Museum Hotels, an award-winning hotel management company that is pushing the boundaries of museum hotels around the world to create a new type of travel experience. The agreement will enable 21c Museum Hotels to leverage Accor's leading global hotel platform while retaining its expertise in managing museums and hotels.
Together we have the opportunity to grow the 21C brand, launch MGallery to the North American market, enhance brand equity and expand the full range of unparalleled experiences for our guests. David Lee, AccorHotels "Chief Executive Officer and Chief Operating Officer, will continue to hold a 15% stake in the company and will remain responsible for the unique combination of art, design and hospitality that is the 21C experience.
AccorHotels is one of the world's leading hotel operators and is committed to fulfilling its mission of welcoming every guest by ensuring the highest quality of service, the best facilities and the latest technology. The Group is also a global leader in the development and management of high quality hotels, and we are committed to creating unique chef-driven restaurants that are as much a part of our community as our hotels. Accor Hotels will play a key role in the continued growth of our company and in the development of MGallery and other brands.
The AccorHotels Solidarity Fund is a natural extension of the Group's activities and values to help combat the social and financial exclusion of the most disadvantaged members of society.
The song "Holiday Inn" was composed by Elton John and Bernie Taupin and was released on the "Velvet Gloves and Spit" album of 1968. Neil Diamond composed the song Holiday Inn, "Blues," which was released in the Madman on Water album in 1971. The song Holiday Inn "Blues" (released as Velvet Gloves & Spit album, 1968) was composed by Neilson.
The name "Holiday Inn" was coined in the 1950s as a joke by Wilson's architect Eddie Bluestein from the name of a Christmas movie of the same name starring Bing Crosby and Fred Astaire.
An injunction in 1973 meant that the Myrtle Beach Hotel was granted the right to use the name in its own name for the rest of its life. However, at the end of the 1990s, the process of simultaneous use continued with the addition of the "Holiday Inn," which continues to operate as the Holiday Inn, although it must use a distinctly different font. The relaunch is focused on consistently delivering the best, including levels of class, service and physical quality, as well as a redesigned welcome experience.
We are confident that the unique spirit of the 21st century will be preserved and flourished in the MGallery collection of boutique hotels. We are pleased to welcome 21c Museum Hotels to 21st Century Group, strengthening the Group's presence in North America in a very unique and promising niche, "said John D'Agostino, President and CEO of M Gallery Hotel Group and Chairman of 21C's Board of Directors.
AccorHotels is a world-leading travel and lifestyle group of hotels and resorts that offer unique experiences. As an internationally renowned hotel brand with more than 2,000 hotels, resorts, restaurants and hotels in over 60 countries, Accor Hotels offers expertise in design, hospitality and hospitality. All exhibitions and programmes of the 21st century are free of charge for the public and open daily from May to October from 10 am to 5 pm and from 7 pm to 9 pm.
In 1971, the company established its first training facility in Olive Branch, Mississippi, to train new employees. Later, the company branched out into other businesses, including a television production company that specialized in syndicated country music shows.
In 1965, the chain introduced a centralized reservation system, which allowed visitors to a Holiday Inn to receive reservations for other holiday inns and all other locations via a teleprinter. The hotel focused on business and limited service and offers only a continental breakfast and a gym. Today 21C operates more than 1,000 hotels in the US and Canada, and another 21c project is under development. A $1.5 million, 2,500-room, four-star hotel was built in Duluth, Georgia, in 2003.
Great Sign is at the Henry Ford Museum in Dearborn, Michigan, and another is at a private collector's in Park Hills, Kentucky. Accor SA, listed on the Euronext Paris stock exchange with the ISIN code fr0000120404, is the world's largest hotel chain with more than 1,000 hotels and resorts. In 1953, the company built its first hotel covering the road to Memphis, followed by the next three hotels in New Orleans, New York City and Chicago.
The purchase price for the 85% interest was $51 million, which included a possible compensation payment. The acquisition of Trailways in 1968 continued until the Holiday Inn sold it to Accor for $1.5 million in 1969, and today it is worth about $2.2 million.