Business & Finance: Chain Hotels

In recent years, many lines of business have witnessed the growth of large consolidated companies operating a chain of establishments located in various parts of the country. The hotel business has seen developments of this order; and it is now reported that two such chain-hotel concerns are shortly to make their bow to the investing public.

One, the United Hotels Corporation of America, controls 51% of the common stock of 18 hotels, most of which it also operates itself. The other company is the Bowman-Biltmore Corporation, which controls the Biltmore, Ansonia, Commodore, Murray...

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