Holiday Inn

The original Holiday Inn chain of hotels was created in 1952 in Memphis, Tennessee, by homebuilder Kemmons Wilson to provide inexpensive family accommodation for travelers within the USA. Wilson opened the first Holiday Inn in September 1952 at 4941 Summer Avenue in the Berclair district of Memphis on the main road to and from Nashville. Though the actual hotel does not exist anymore, a historical sign marks where it once stood. In 1954, Wilson incorporated the chain with Wallace E. Johnson.

Wilson initially came up with the idea after a family road trip to Washington, DC, during which he was disappointed by the quality and consistency provided by the roadside motels of that era. The name Holiday Inn was given to the original hotel by his architect Eddie Bluestein as a joke, in reference to the Bing Crosby movie.

In 1957, Wilson franchised the chain as Holiday Inn of America, and it grew dramatically, following Wilson's original tenet that the properties should be standardized, clean, predictable, family-friendly, and readily accessible to road travellers. By 1958 there were 50 Inns across the country, 100 by 1959, 500 by 1964, and the 1000th Holiday Inn opened in San Antonio, Texas, in 1968. The chain dominated the motel market, leveraged its innovative Holidex reservation system, put considerable financial pressure on traditional hotels, and set the standard for its competitors like Ramada Inns, Quality Inn, Howard Johnson's, and Best Western. By June 1972, when Wilson was featured on the cover of Time magazine, there were over 1,400 Holiday Inn hotels worldwide. Innovations like the company's Holidome indoor pools turned many hotels into roadside resorts.

The company later branched into other related enterprises, including Medi-Center nursing homes, Continental Trailways, Delta Queen, and various related enterprises. Wilson also later developed the Orange Lake Resort and Country Club near Orlando and a chain called Wilson World Hotels. The family of founder Kemmons Wilson still operates hotels as part of the Kemmons Wilson Companies of Memphis.

Holiday Corporation logo; 1985-1990

Although still a healthy company, changing business conditions and demographics saw Holiday Inn lose its market dominance in the 1980s. Holiday Inns, Inc. was renamed Holiday Corporation in 1985 to reflect the growth of the company’s brands, including Harrah’s, Embassy Suites, Crowne Plaza, Homewood Suites and Hampton Inns. In 1988, Holiday Inns International was purchased by UK-based Bass PLC (the owners of the Bass beer brand), followed by the remaining domestic Holiday Inn hotels in 1990, when founder Wilson sold his interest, after which the hotel group was known as Holiday Inn Worldwide. The remainder of Holiday Corporation was spun off to shareholders as Promus Companies Incorporated. In March 1998, Bass acquired the InterContinental brand, expanding into the luxury hotel market. In 2000, Bass sold its brewing assets (and the rights to the Bass name) and changed its name to Six Continents PLC. InterContinental Hotels Group was created in 2003 after Six Continents split into two daughter companies: Mitchells and Butlers PLC to handle restaurant assets, and IHG to focus on soft drinks and hotels, including the Holiday Inn brand.

The brand name Holiday Inn is now owned by IHG who in turn license it out to franchisees and third parties who operate hotels under management agreements.^[1]