Lethbridge Herald, The (Newspaper) - June 29, 1972, Lethbridge, Alberta
8 THE LEtHBRIDGB HERAID Thursday, 29, 1972 First Canadian Holiday Inn started in 1961 Commonwealth Holiday -Inns of Canada Limited is the coun- try's largest hotelier, with an expanding chain of motor, ho- tels in Canada, the Caribbean, the United States and the Uni- ted Kingdom. As such, it is the largest franchise holder of the Holiday Inn system which, in turn, is the world's largest hotel chain (more than AH Holiday Inn franchises are granted by Holiday Inns Inc., of Memphis, Tennessee. The first Holiday Inn fran- thise in Ontario was obtained In 19fil by David Rubinoff, to build and operate an inn in London, Out. In 19G2 a second franchise was obtained for London Downtown and the fol- lowing year, a third for To- ronto West. In 1964, a company was form- ed, Allied Iiukeepcrs Limited, wliich acquired the tliree exist- ing inns all of Mr. Rubin- off's rights will! respect to Holi- day Inns in Ontario. The period 1964-1968 was ono of rapid growth with 17 inns in operation by the end of the four-year period. During 1968, Allied Innkeepers Limited was converted into a public com- pany and the corporate nania was changed to Commonwealth Holiday Inns of Canada Lim- ited. By December, shares of the company were trading over- the-counter in Toronto, and were posted for trading on the Toronto Stock Exchange the following February. During the past two years, CHIC has continued a program of vapid expansion, increasing its total number of inns to 39. By 1973, 75 inns will either be under construction or in opera- tion. Wliile the major expansion has occurred in Ontario (24 ot the 35 inns in operation) geo- graphic diversification has ren- dered CHIC a truly interna- tional company. Of the 75 inns tional company. Of the 7 inna built, under construction, plan- ned or licensed, only 34 will be in Ontario. Financial arrangements have limited CHIC's ownership to approximately 50 per cent of the chain. Various leasing ar- rangements have been made and the parent company. Holi- day Inns, Lie., owns 31 per cent of common stock. Of the total number of shares, however, half are owned by Canadians and six of the eight directors plus all the senior manage- ment are Canadian. President and chairman of the board is David Rubinoff. Holiday Inns offer a uniform and high standard of design, construction, maintenance and service to the travelling pub- lic. Significant emphasis ia placed on servicing the motor- ist, through sites with ampla parking facilities and ready ac- cess to mala traffic arteries. Each inn offers nioderr air- conditioned comfort and fea- tures such extras as recreation- al facilities, swimming pools, sauna baths, convention halls and entertainment areas. Res- taurants, dining rooms and oth- er amenities are varied in de- sign, size and atmosphere, to attract patrons from the inn's locale, in addition to patronaga from registered guests.______ DAVID UUBINOFF JAL to operate Indonesia hotel T. Godo, president of Japan Air Lines Development Co. Ltd. one of JAL's affiliat- ed companies, and I. Seki, President, P. T. Wisma Nu- santara International have signed a contract in Djakarta, Indonesia, which en- trust its operation of the new President Hotel to JDC's man- agement. The hotel, first of many to bo constructed within the JAL ho- tel system, is scheduled to open in Dccctttber of this year. In the MALL Congratulations HOLIDAY INN smiunc CULL FOR 'LHBHf TO BLUE'