|
|
Article: Executive Inn Group to expand from 10 to 250 hotel properties in three years through 19% acquisition of HARS Systems.
- Article from:
- PR Newswire
- Article date:
- November 15, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
VANCOUVER, Nov. 15 /CNW-PRN/ - EXECUTIVE INN GROUP CORPORATION
ASE:EIG
By 2003, Executive Inn Group Corp. (EIG.ASE) will become a major international hotel brand with 250 properties.
The projection follows a 19.1% investment by the Burnaby-based hotel franchise and management company in HARS Systems Inc. (HSS.VSE). Through its wholly owned subsidiary, VIP International Corporation, HARS operates the world's third-largest supplier of hotel reservation services through the Internet and travel agent reservation systems and the world's largest car rental reservations company.
And with 10 hotels under its brand name, Executive Inn Hotels & ...