Promus Hotel Corporation
From Wikipedia, the free encyclopedia
Promus Hotel Corporation was a hotel management and franchise company from Memphis, Tennessee.
[edit] History
On December 19, 1997, Doubletree Corporation and Promus completed a merger and Promus became a listed stock on the New York Stock Exchange.
Promus was then sold to Hilton Hotels Corporation for $3.7 billion in 1999 forming the Hilton Focused Service Group.