--- description: 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... title: Business & Finance: Chain Hotels image: https://static.time.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production --- * [U.S.](/section/us/) # Business & Finance: Chain Hotels by [TIME](/author/time/) Nov 3, 1924 5:00 AM CUT by [TIME](/author/time/) Nov 3, 1924 5:00 AM CUT 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. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/archive/6663700/business-finance-chain-hotels/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/archive/6663700/business-finance-chain-hotels/"},"headline":"Business & Finance: Chain Hotels","datePublished":"1924-11-03T05:00:00.000Z","dateModified":"2026-02-27T06:47:56.103Z","description":"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...","url":"https://time.com/archive/6663700/business-finance-chain-hotels/","keywords":[],"thumbnailUrl":"","author":[{"@type":"Person","name":"TIME","url":"https://time.com/author/time/"}],"articleSection":"U.S.","image":[],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/us/","name":"U.S."}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/archive/6663700/business-finance-chain-hotels/","name":"Business & Finance: Chain Hotels"}}]}] ```