 This left Holiday Corp. with several far more profitable core gambling and hotel brands, including Harrah's Entertainment, Embassy Suites Hotels, Homewood Suites, and Hampton Inn.In December 1989, Holiday Corp. spun off its hotels as stand-alone Promus Companies.Promus Companies decided to split the gambling interests it owned from its tourist and business travel hotel chains, and in 1995 spun off its non-gambling assets to the stand-alone Promus Hotel Corporation.