Business Relationship With Gulf Oil
In 1963, Holiday Inns signed a long-term deal with Gulf Oil Corporation in which the lodging chain would accept Gulf credit cards to charge food and lodging at all of its hotels (in the United States and Canada). In return, Gulf would build service stations on the premises of many Holiday Inn properties, particularly those along or near major U.S. and Interstate highways. Many older Holiday Inns locations (including some no longer part of the chain) still have the service station properties intact today, either still in operation or closed down. With the exception of a few locations in the eastern U.S., hardly any of the still-open stations are now Gulf outlets. The portion of the agreement which permitted Gulf credit cards to be used for payment of food and lodging at Holiday Inns was copied by competing lodging chains and major oil companies during the mid-to-late 1960s. Most of those agreements fizzled out with the 1973 oil crisis. The Gulf/Holiday Inn arrangement ended around 1982.
Read more about this topic: Holiday Inn
Famous quotes containing the words business, relationship, gulf and/or oil:
“Most of us have felt barriers between ourselves and our fathers and had thought that going it alone was part of what it meant to be a man. We tried to get close to our children when we became fathers, and yet the business of practicing masculinity kept getting in the way. We men have begun to talk about that.”
—Frank Pittman (20th century)
“Poetry is above all a concentration of the power of language, which is the power of our ultimate relationship to everything in the universe.”
—Adrienne Rich (b. 1929)
“His father watched him across the gulf of years and pathos which always must divide a father from his son.”
—J.P. (John Phillips)
“It is wise to apply the oil of refined politeness to the mechanism of friendship.”
—Colette [Sidonie Gabrielle Colette] (1873–1954)