Get All Access for $5/mo

Six Continents Franchisees Concerned About Rumored Hostile Takeover <b></b>

Atlanta--The IAHI, the owners' association of SixContinents Hotels, announced its concern over a rumored hostiletakeover for Six Continents PLC. "We believe this would be theabsolute worst time for change of control with the company,"said Jay Fishman, IAHI board of directors chairman. "We are inthe weakest business environment in the history of the modern hotelindustry."

Fishman pointed out that the owners' operations would bejeopardized by a breakup of the hotel group, which would destroythe synergies of the Priority Club Rewards program, a commonreservation system, the equity of Internet sites, preferred vendorrelationships, strategic alliances and more. -BusinessWire

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Most Popular

See all
Business News

This 28-Year-Old Entrepreneur With Down Syndrome Runs the World's Largest Sock Company. Here's How He Started It.

The eight-year-old company recently hit a record number of orders.

By Sherin Shibu
Science & Technology

5 Rule-Bending AI Hacks to Make Your Mornings More Productive and Profitable

By 2025, AI will transform productivity by streamlining workflows and cutting costs. Major companies like Microsoft, Google, and OpenAI are leading the way, advancing AI into "Phase 3," where tools act as digital assistants. Discover 5 AI hacks to boost efficiency and redefine your daily routine.

By Ben Angel
Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

By Eve Gumpel
Marketing

5 Critical Mistakes to Avoid When Giving a Presentation

Are you tired of enduring dull presentations? Over the years, I have compiled a list of common presentation mistakes and how to avoid them. Here are my top five tips.

By Cynthia Kay
Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

By Amanda Breen
By Sherin Shibu