Elephant & Castle launches new British-style pub in Holiday Inn in downtown Philadelphia on 2 28 95; restaurant chain in major expansion program.VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 24, 1995-- Elephant & Castle Group Inc., operators of 17 English-style restaurants and pubs in the U.S. and Canada, will open its 18th facility, an English Tudor-style restaurant and pub, in the newly renovated 500 room Holiday Inn at 17th and Market Streets in Philadelphia, on Tuesday, February 28, 1995, it was announced Friday by Jeffrey Barnett, President and Chief Executive Officer of the Company. Commenting on the Philadelphia opening, Barnett said, "This location, with its 300-seat capacity, helps to solidify so·lid·i·fy v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies v.tr. 1. To make solid, compact, or hard. 2. To make strong or united. v.intr. our growing arrangement with Holiday Inn. We are planning to open three additional major units with Holiday Inn in 1995 and have plans to add six additional Holiday Inn restaurant and pub locations each year thereafter." The Vancouver-based Elephant & Castle, founded in 1977, opened its first restaurant with Holiday Inn Crowne Plaza This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. in Winnipeg, Canada in the summer of 1994. Barnett stated that "our results, both as to revenues and store operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. at the Winnipeg location have significantly exceeded initial budgetary estimates. The Company has been pleased, and has every reason to believe that Holiday Inn management is also pleased." CONTACT: Elephant & Castle Group Inc., Vancouver Wendy Lowrie, 604/684-6451 Mount & Nadler - Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Hebert L. Haft/Alan R. Mount, 212/759-4440 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion