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In July 1999, Park Plaza Worldwide, LLC , acquired 50% rights of the brand art'otel from Dirk Gadeke. [8] In mid-1999, it was reported that Park Plaza Worldwide formed another joint venture with J.E. Robert Companies (JER), with JER owned 80% stake of the JV. [8] [9] [10] In addition, JER had an option to acquire up to 35% of Park Plaza Worldwide.
Company. Discount. Age. Albertsons. 10%; first Wednesday of month. 55 and older. GET DETAILS. Fred Meyer. 5%; first Tuesday of month. 55 and older. GET DETAILS ...
The company's background can be traced to 1969, when airline and casino tycoon Kirk Kerkorian bought a controlling stake in the Metro-Goldwyn-Mayer (MGM) film studio. [15] In 1970 and 1971, Kerkorian struggled with debt from his acquisitions of MGM and Western Airlines, and was forced to sell a majority of his casino company, International Leisure, to Hilton Hotels at a steep discount.
In September 2000, the company acquired the Albuquerque Best Western Airport Inn. [3] In 2004, the company sold the 160-unit InnSuites Hotels & Suites Tempe-Phoenix for $6.8 million to an affiliate of James Wirth, the founder, and sold a 131-unit hotel in San Diego for $9.7 million. [4] In November 2013, the company announced a partnership with ...
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