Six Continents Franchisees Concerned About Rumored Hostile Takeover

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--The IAHI, the owners' association of Six Continents , announced its concern over a rumored hostile takeover for Six Continents PLC. "We believe this would be the absolute worst time for change of control with the company," said Jay Fishman, IAHI chairman. "We are in the weakest environment in the history of the modern hotel industry."

Fishman pointed out that the owners' operations would be jeopardized by a breakup of the hotel group, which would destroy the synergies of the Priority Club Rewards program, a common reservation system, the equity of sites, preferred vendor relationships, and more. -Business Wire

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