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 Hill and Belmont Hotels in Manhattan; the Biltmore Hotels in Los Angeles, Atlanta, Providene and Havana ; the Hotel Griswold at New London; the Belleview in Bellair, Fla. and the Westchester -Biltmore Country Club at Rye, N. Y.

The United Hotels Corporation, in addition to 18 running hotels (including the new Roosevelt in New York), has five more under construction; viz, the Benjamin Franklin at Philadelphia; the Olympic at Seattle; the Alexander Hamilton at Paterson, N. J.; the Admiral Beatty at St. Johns, Nova Scotia; the Niagara at Niagara Falls.