Firms are betting forward casinos t...

Firms are betting forward casinos to increase revenues and occupancy rates

Faced with anemic occupancy rates, major inn companies are turning to casinos and other gaming venue for a sorely extremityed shot in the arm.

For a certain quantity of the gamble appears to be paying facing In 1990, the Memphis-based Promus Companies sold its Holiday Inn chain and has since increased its emphasis onward casino development. Although Promus continues to operate Embassy Suites and Hampton Inns, nearly 80 percent of its profits curently tend hitherward from Harrah's Casino Hotels, the firm's gaming subsidiary. Promus's