Six Continents
Six Continents was a large British-based hotel and hospitality business which was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index.
 | |
| Type | Public limited company |
|---|---|
| Industry | Retail |
| Predecessor | Bass plc |
| Founded | 2000 in London, England, United Kingdom |
| Defunct | 2003 |
| Fate | Renamed following demerger of Mitchells & Butlers |
| Successor | InterContinental Hotels Group |
| Headquarters | London, England, United Kingdom |
Key people | David Bland (Managing Director) |
| Products | Hotel services Public Houses |
History
The company was formed in June 2000 when the brewing business of Bass plc was sold to the Belgian brewer Interbrew (now AB InBev) and the remaining hotel and pub holdings were renamed Six Continents plc.[1]
In April 2001, Six Continents bought the UK-based Posthouse Hotels business from Compass Group for £810 million, and during the following year re-branded the 79 hotels to Holiday Inn.[2]
In 2003 it de-merged into a pubs business, Mitchells & Butlers, and the remaining hotels and soft drinks business of Britvic, were renamed as InterContinental Hotels Group.[3]
Brands and companies
Six Continents owned, managed or franchised the hotel brands InterContinental, Crowne Plaza, Holiday Inn, Holiday Inn Express, and Staybridge Suites. Its pubs and restaurants included All Bar One, Browns, Edward's, Ember Inns, Harvester, Hollywood Bowl, It's A Scream, O'Neill's, Toby Carvery and Vintage Inns.
References
- Day, Julia (27 June 2001). "Bass to become Six Continents". The Guardian. Retrieved 20 December 2018.
- "Posthouse Deal Wins Six Continents Top Industry Award". Hotel News Resource. 22 March 2002. Retrieved 9 December 2012.
- Platt, Gordon (1 June 2003). "Six Continents' Split-up Creates Two New ADRs". Global Finance. Retrieved 20 December 2018.