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Home > Company Index > Leisure > Lodging > Six Continents Hotels, Inc.

Six Continents Hotels, Inc.
 NEWS FROM THE STANDARD
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 PROFILE
As long as you're not visiting the South Pole, Six Continents Hotels (formerly Bass Hotels & Resorts) has somewhere for you to stay. A subsidiary of UK leisure giant Six Continents, the company operates or franchises more than 3,200 hotels in more than 100 countries (almost 60% of profits come from its North American hotels). Six Continents Hotels' brands include Holiday Inn, Holiday Inn Express, Crowne Plaza, and Inter-Continental and have a total of more than 455,000 rooms. Its new Staybridge Suites by Holiday Inn hotels feature separate bedrooms and kitchens for extended stay travelers. Six Continents has been expanding its hotel unit, which provides 40% of overall profits, as it sold its famous Bass brewing operations to Interbrew in 2000.

 COMPETITION
Accor (AC)
Marriott International, Inc. (MAR)
Starwood Hotels & Resorts Worldwide, Inc. (HOT)

 DEALS
Deal: Bass Hotels Invests in Lastminute.com
Date Announced: 01.13.00
Value of transaction (US $Mil): 31
Description: Hotel chain is one of seven companies investing $31 million in online travel services firm.

 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 2,312.80
1-Yr. Sales Growth: 20.9%
Employees: 29,306
Revenue per employee: $78,918.99

 KEY PEOPLE
• Thomas R. Oliver
    CEO
• Andrew MacFarlane
    CFO

 CONTACT INFO
Devonshire House
London W1X 5FH, United Kingdom
Phone: 44-20 -2500
Fax: 44-20 -2769
Online: Web Site

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