Holiday Inn Cuts Jobs in Atlanta

<b></b>

Jun 2, 2003

Dunwoody, Georgia--Six Continents Plc, a Londonconglomerate that split its 2,000 pubs and 3,325 hotels intoseparate companies April 15, is going through a corporate shakeup.Newly formed hotel franchisor, InterContinental Group Inc., nowowns or franchises more than 515,000 hotel rooms in 100 countriesunder the Holiday Inn, Holiday Inn Express, Crowne Plaza,Staybridge Suites and InterContinental brands. As a result of theshakeup, InterContinental is eliminating 200 positions, and has hadconversations with 150 more employees who may leave.

To succeed, InterContinental must make improvements to itsproduct line and overcome revenue declines due to decreasedbusiness and leisure travel, according to a former executive.-Atlanta Business Chronicle

Editor's Pick

This 61-Year-Old Grandma Who Made $35,000 in the Medical Field Now Earns 7 Figures in Retirement

A 'Quiet Promotion' Will Cost You a Lot — Use This Expert's 4-Step Strategy to Avoid It

3 Red Flags on Your LinkedIn Profile That Scare Clients Away

Ben Higgins Talks Overcoming Insecurity, Finding Purpose and Juggling Multiple Business Ventures

'Everyone Is Freaking Out.' What's Going On With Silicon Valley Bank? Federal Government Takes Control.

Know Before You Buy: These Are the Costs Associated With Purchasing and Operating a Franchise

Most Popular

See all

Leadership

How to Detect a Liar in Seconds Using Nonverbal Communication

There are many ways to understand if someone is not honest with you. The following signs do not even require words and are all nonverbal queues.

By Don Weber

Business News

A Guy Is Using ChatGPT to Turn $100 Into a Business Making as Much Money as Possible. Here Are the First 4 Steps the AI Chatbot Gave Him.

"TLDR I'm about to be rich."

By Jacob Zinkula and Aaron Mok

Thought Leaders

What Walt Disney, Thomas Edison and Dr. Seuss Can Teach You About Entrepreneurial Longevity

Uncover the secrets of three of the most experienced entrepreneurs in history and create your lasting legacy.

By Nancy Solari

Marketing

How to Get High Quality Leads From LinkedIn At No Cost

Struggling to figure out how to get top-quality leads through LinkedIn? Keep reading to learn the best LinkedIn lead generation practices that work and the common mistakes you must avoid.

By Vikas Agrawal