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

Business News

Meta's AI Chief Is in the Middle of a Public Clash With Elon Musk: 'Secrecy Hampers Progress'

Meta AI chief Yann LeCun and Elon Musk have been going back and forth on X, formally Twitter, for a week.

Business News

Poppi Soda Faces Class Action Lawsuit Alleging It's Not as Healthy as Promised: 'Basically Sugared Water'

Poppi founders Allison and Stephen Ellsworth scored a deal on Season 10 of "Shark Tank" with Rohan Oza, who offered the couple $400,000 for a 25% stake.

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.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

Growing a Business

Experts Share The 5 Things You Need to Understand About SEO in 2024

Search engine optimization can feel like a game with rules that are always changing. Fortunately, experts say there's one SEO standard that will never change.

Business News

NYSE Confirms a 'Technical Issue' Caused Berkshire Hathaway to Drop 99.9% on Monday

At least 40 stocks were impacted, and many were still halted on Monday afternoon.