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MICROS Systems
Micros Systems, Inc. (styled lowercase in its logo), incorporated in 1978, was a computer software company. Micros is now owned by Oracle Corporation and renamed Oracle Food and Beverage and Oracle Hospitality (two of the global business units at Oracle Corporation). Micros was headquartered in Columbia, Maryland, United States, and the current business unit it still based there. Micros manufactured and sold computer hardware, software, and services for the restaurant point of sale, hotel, hospitality, sports and entertainment venues, casinos, cruise lines, specialty retail markets and other similar markets. Analyst estimates cited in 2003 put Micros' market share at about 35% of the restaurant point-of-sale business. On June 23, 2014, Oracle Corporation announced its intent to purchase Micros Systems for $68 per share in cash for a total value of approximately $5.3 billion. History The company was incorporated in 1977 as Picos Manufacturing, Inc. and changed its name to Micr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Four Seasons Hotels And Resorts
Four Seasons Hotels Limited, trading as Four Seasons Hotels and Resorts, is an international luxury hotel and resort company headquartered in Toronto, Ontario, Canada. Four Seasons currently operates more than 100 hotels and resorts worldwide.David SegalPillow Fights at the Four Seasons ''The New York Times'', June 28, 2009, Accessed June 30, 2009. Since 2007, Bill Gates (through Cascade Investment) and Prince Al-Waleed bin Talal (through Kingdom Holding Company) have been majority owners of the company. As of January 2022, Cascade Investment owns 71.25% and Kingdom Holding Company owns 23.75%. History Canadian businessman Isadore Sharp founded Four Seasons in 1960. While a young architect working for his father, Sharp designed a motel for a family friend; its success motivated him to try creating his own hotel. He bought a large parcel of land in a run-down area of Toronto and planned a stopover for business travelers; the Four Seasons Motor Hotel opened in 1961 with initi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Windows Workflow Foundation
Windows Workflow Foundation (WF) is a Microsoft technology that provides an API, an in-process workflow engine, and a rehostable designer to implement long-running processes as workflows within .NET applications. The latest version of WF was released as part of the .NET Framework version 4.5 and is referred to as (WF45). A workflow, as defined here, is a series of distinct programming steps or phases. Each step is modeled in WF as an Activity. The .NET Framework provides a library of activities (such as WriteLine, an activity that writes text to the console or other form of output). Custom activities can also be developed for additional functionality. Activities can be assembled visually into workflows using the Workflow Designer, a design surface that runs within Visual Studio. The designer can also be hosted in other applications. Encapsulating programming functionality into the activities allows the developer to create more manageable applications; each component of executi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cerberus Capital Management
Cerberus Capital Management, L.P. is an American private equity firm,Leaders Magazine"Providing Economic Opportunity: An Interview with The Honorable Dan Quayle, Chairman, Cerberus Global Investments, LLC". specializing in distressed investing. The firm is based in New York City, and run by Steve Feinberg, who co-founded Cerberus in 1992, with William L. Richter, who serves as a senior managing director. The firm has affiliate and advisory offices in the United States, Europe and Asia. Cerberus has around US$55 billion under management in funds and accounts. The company is a U.S. Securities and Exchange Commission Registered Investment Adviser. Investors include government and private sector pension and retirement funds, charitable foundations, university endowments, insurance companies, family savings and sovereign wealth funds. History Cerberus is named after the mythological three-headed dog that guarded the gates of Hell. Feinberg has stated that while the Cerberus n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thistle Hotels
Thistle Hotels, run by glh., is a UK-based hotel company with a portfolio of 7 Central London hotels, one at London Heathrow and one in Dorset, operating in the three and four star sector. History It was set up by Scottish & Newcastle in 1965, to combine its own traditional legacy hotels with purpose built hotels. Mount Charlotte Investments bought thirty four Thistle hotels from S&N, and acquired the Thistle brand name for £645m in November 1989. During the subsequent recession, the debt taken on to fund the transaction became unsustainable, resulting in Mount Charlotte being taken over by Brierley Investments of New Zealand for £664m in 1990. The chain was the main shirt sponsor for Leeds United AFC from 1993 to 1996. In 1997, the company floated on the Stock Exchange, to become Thistle Hotels plc, valued at £620m. In September 1998, it sold 30 provincial hotels to Grace Hotels (owned by the Lehman Brothers investment bank) for £62.7m, becoming managed by Peel Hotels. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
InterContinental Hotels Group
InterContinental Hotels Group (IHG), marketed as IHG Hotels & Resorts, is a British multinational hospitality company headquartered in Denham, Buckinghamshire, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. History Bass Hotels The origins of the business may be traced to 1777 when William Bass established the Bass Brewery in Burton-upon-Trent. In 1875, its red triangle logo became the first trademark to be registered in the United Kingdom. The company later changed its name to Bass Charrington. Its first entry into the lodging sector came with acquisition of tied public houses. In 1969, it launched the Crest Hotel chain. In 1988, after the British government limited the number of pubs that brewers could directly own, Bass further invested in the expansion of its hotel business, including the purchase of Holiday Inn International from shareholders. InterContinental Pan American Airways founder Juan Trippe established the A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carlson Companies
Carlson is an American privately held company headquartered in Minnetonka, Minnesota, United States. Its primary subsidiaries are CWT, a travel management company, and Carlson Private Capital Partners, a family office that manages the owners' wealth. It previously held interests in hotels, including Radisson Hotels, and restaurants, including TGI Fridays. The company is owned by Barbara Carlson Gage and Marilyn Carlson Nelson, daughters of the founder, Curt Carlson. History 1938-1961; foundation as Gold Bond Stamp Company Curt Carlson founded Carlson in 1938. It was originally named the Gold Bond Stamp Company and started with a $55 loan Carlson received from his landlord during the Great Depression. Carlson used "Gold Bond Stamps", a loyalty program based on trading stamps, to provide consumer incentives for grocery stores, supermarkets, and gas stations. The stamps could be redeemed for various items, such as patio furniture or a mink coat. During the 1950s, C. F. Carlson was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Radisson Hotels And Resorts
Radisson Hotels is an international hotel chain headquartered in the United States. A division of the Radisson Hotel Group, it operates the brands Radisson Blu, Radisson RED, Radisson Collection, Country Inn & Suites, and Park Inn by Radisson, among others. In June 2022, Radisson Hotels agreed to be purchased by Choice Hotels for $675 million. The deal closed on August 11, 2022. History In 1907, Edna Dickerson came to Minneapolis, Minnesota, from Chicago to collect a substantial inheritance.Jack El-Hai, Lost Minnesota: Stories of Vanished Places (University of Minnesota Press, 2000) p. 48."Back in 1909, the Radisson was the 'jewel' of 7th St.", ''Minneapolis Star Tribune'' (November 1, 1981), Architecture, p. 10, 14. Local business leaders persuaded her to build a hotel in the city, with Dickerson investing $1.5 million in the construction of the first Radisson hotel. It was planned as a high-end luxury hotel, designed in the French Renaissance architecture style, and constr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Starwood
Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. It was acquired by Marriott International in 2016. Starwood had 11 brands and owned, managed, or franchised 1,297 properties comprising 370,000 hotel rooms in approximately 100 countries. Starwood was founded in 1969 as a real estate investment trust. In 1995, it was acquired and reorganized by Barry Sternlicht, who was its chairman until 2005 and founder of the Starwood Capital Group. The company had a business partnership with American Express and a loyalty program. History Starwood Hotels and Resorts was originally formed by the real estate investment firm Starwood Capital to take advantage of a tax break; at the time the company was known as Starwood Lodging. Initially, Starwood Lodging owned a number of hotels throughout North America, all under different brand names. The Westin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marriott Hotels & Resorts
Marriott Hotels & Resorts is Marriott International's brand of full-service hotels and resorts based in Bethesda, Maryland. As of June 30, 2020, there were 582 hotels and resorts with 205,053 rooms operating under the brand, in addition to 160 hotels with 47,765 rooms planned for development. History and current operation The Marriott chain began with two motels in the 1950s. The first opened as a Quality Inn airport motel near Washington, D.C. and another motel nearby, the Twin Bridges, a few years later. With the opening of the second motel, Marriott was born as a brand name. The Twin Bridges property was demolished in 1990, but the Key Bridge property still operates, but as a full-service hotel. In 1967, Marriott opened its first resort hotel, Camelback Inn, in Arizona, United States. Marriott Hotels & Resorts expanded outside of the United States for the first time in 1969 with the opening of the Marriott in Acapulco, Mexico. By 1975, Marriott Hotels & Resorts had e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Oberoi Group
The Oberoi Group is an award-winning luxury hotel group with its head office in New Delhi, India. Founded in 1934, the company owns and operates 32 luxury hotels and two river cruise ships in 7 countries, primarily under its Oberoi Hotels & Resorts and Trident brands. The group also operates The Oberoi Centre for Learning and Development, which is regarded as one of Asia's top institutions for hospitality education. History The foundations of the Oberoi Group date back to 1934 when The Rai Bahadur Mohan Singh Oberoi, the founder of the group, bought two properties: the Maidens in Delhi and the Clarke's in Shimla. In the following years Oberoi, assisted by his two sons, Tilak Raj Singh Oberoi and Prithvi Raj Singh Oberoi (P.R.S. Oberoi), continued the expansion of their group with properties both in India and abroad. November 2008 terrorist attack On 26 November 2008, Trident Mumbai was attacked by 2 terrorists, Fahadullah and Abdul Rehman of Lashkar-e-Taiba organizati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rydges Hotels & Resorts
Rydges Hotels & Resorts, or Rydges, is a hotel accommodation and hospitality provider that operates in Australia and New Zealand. Rydges accommodates one million guests annually, across a range of market segments. Rydges is a subsidiary of the ASX-listed Event Hospitality and Entertainment, a corporation that owns and operates brands in the entertainment, hospitality, and leisure sectors, mainly within Australasia. History Between 1988 and 1995, Rydges grew from eight to twenty-six branded four-star hotels. In the early years, the individual character of the hotels was encouraged with a collection of logos and names designed to suit each location. The Rydges portfolio comprises a range of mid to upscale hotels that cater to corporate travelers in its city locations as well as the holidaymaker in the resort destinations. Over the past few years, Rydges has expanded its activities to Dubai in the United Arab Emirates, Doha in Qatar, London in the United Kingdom, as well as to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
