Editing InterContinental (section)

===Post-Pan Am era===
Facing significant financial losses,<ref>{{Cite news |last=Pace |first=Eric |date=1981-08-21 |title=PAN AM IN PACT TO SELL HOTELS |language=en-US |work=The New York Times |url=https://www.nytimes.com/1981/08/21/business/pan-am-in-pact-to-sell-hotels.html |access-date=2023-01-27 |issn=0362-4331}}</ref> Pan Am sold their profitable Inter-Continental Hotels division to [[Grand Metropolitan]] on 19 August 1981 for $500 million. On 1 April 1982, the new owners merged their existing chain of 17 Grand Metropolitan Hotels into Inter-Continental and its sibling chain Forum Hotels.<ref>{{cite web | url=https://digitalcollections.library.miami.edu/digital/collection/asm0341/id/95772 | title=Page 1 }}</ref>

Later in 1982, Inter-Continental formed a joint venture with Scanticon International, a Danish company that had opened a highly successful conference hotel near Princeton, New Jersey in 1981.<ref>{{cite news|url=https://www.washingtonpost.com/archive/realestate/1983/04/16/new-income-sources-developed/20dc0e77-2f09-4d5d-8875-e69c66ce728f/ |date=16 April 1983|newspaper=The Washington Post|title=New Income Sources Developed|access-date=20 February 2023}}</ref> Inter-Continental owned 80% of the business, with Scanticon controlling 20%. Additional Scanticon conference hotels were opened in Minneapolis and Denver, before InterContinental exited the joint venture in 1991.

Grand Metropolitan sold Inter-Continental Hotels to the Tokyo-based Seibu Saison Group on 1 October 1988 for $2.27 billion, for a profit of $850 million after taxes.<ref>{{Cite news |last=Sanger |first=David E. |date=1988-10-01 |title=COMPANY NEWS; Japanese Purchase Of Inter-Continental Set for $2.27 Billion |language=en-US |work=The New York Times |url=https://www.nytimes.com/1988/10/01/business/company-news-japanese-purchase-of-inter-continental-set-for-2.27-billion.html |access-date=2023-01-27 |issn=0362-4331}}</ref> On 20 February 1998, the Saison Group sold the chain to Bass PLC, for $2.9 billion.<ref>{{Cite web |title=Bass Acquires Inter-Continental Hotels / Feb 1998 |url=https://www.hotel-online.com/News/PressReleases1998/Bass_InterContinental_Feb1998.html |access-date=2023-01-27 |website=www.hotel-online.com |archive-date=2023-01-26 |archive-url=https://web.archive.org/web/20230126231102/https://www.hotel-online.com/News/PressReleases1998/Bass_InterContinental_Feb1998.html |url-status=dead }}</ref>

In 2000, Bass sold its namesake brewing business, along with its name and red triangle trademark, to [[Interbrew]], for £2.3 billion.<ref>{{Cite news|last1=Carreyrou|first1=John|last2=BeckStaff|first2=Ernest|date=2000-06-15|title=Interbrew to Buy Bass Operations, Creating the World's No. 2 Brewer|language=en-US|work=Wall Street Journal|url=https://www.wsj.com/articles/SB960982909300652138|access-date=2020-08-07|issn=0099-9660}}</ref> On 27 June 2001, Bass renamed itself [[Six Continents]], focusing on its hotels and its 2000 restaurants and bars. The name Six Continents was chosen from among 10,000 staff submissions, and was already the name of the Inter-Continental Hotels loyalty club.<ref>{{Cite web |date=2001-06-27 |title=Bass to become Six Continents |url=http://www.theguardian.com/media/2001/jun/27/marketingandpr2 |access-date=2023-01-27 |website=the Guardian |language=en}}</ref> In 2003, Six Continents demerged its bar and pubs business into a separate company, [[Mitchells & Butlers]], and the hospitality company was renamed [[InterContinental Hotels Group]].<ref>{{Cite web |date=2003-02-18 |title=Six Continents split-up to cost £100m |url=http://www.theguardian.com/business/2003/feb/18/5 |access-date=2023-01-27 |website=the Guardian |language=en}}</ref> At the same time, Inter-Continental Hotels dropped the hyphen in its name and became ''InterContinental Hotels''. The chain is one of numerous brands today within the company.